Ashford BUS 630 Managerial Accounting
Focus of the Final Paper
Due to varying business characteristics, the managerial accounting techniques applied in each business may differ. ; For example, a business in the start-up phase may rely heavily upon budgeting and capital investment techniques; whereas, a business in the mature/maintaining phase may rely heavily upon cost management and quality control. ; Ultimately, the techniques used by management should assist the business in achieving its short-term and long-term goals through effective decision-making.
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For your Final Paper, you will analyze the role of managerial accounting in two parts. ; Part I will provide a general overview of managerial accounting. ; Part II will provide examples of how managerial accounting theories and principles are applied in the business world. ; You may find it helpful to reflect upon your own professional experiences for examples. ;
Part I (Three to four double-spaced pages)
Present the following:
- Definition of managerial accounting
- Role of managerial accounting and the management accountant in a business or organization
- Ethical issues/concerns for the management accountant
- General description of at least three managerial accounting techniques available and their application within a business or organization
Part II (Four to six double-spaced pages)
Select at least three of the five topics identified below:
- Cost Management Techniques
- Costing Methods
- Capital Investment Decision Techniques
- Budgeting
- Quality Control
For each topic selected present real world examples of the application of managerial accounting techniques within a business or organization. ; Examples may be gathered from your own professional experiences or from case studies obtained from credible sources (excluding textbook examples explored in previous weeks). ; Presentation of each example should include how a managerial accounting technique was applied in the business or organization’s decision-making model. ; Be sure to support your example with calculations when applicable.