BUS630: Managerial Accounting: Final Paper

Final paper on managerial accounting principles and applications.

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Final1Final PaperRobert BacaBUS630:Managerial AccountingProf.Anthony PerezOctober 7th2013Explain the role of managerial accounting within a business, focusing on its application in costmanagement, budgeting, and quality control. Discuss how managerial accounting techniquescontribute to decision-making processes, and highlight the ethical considerations thatmanagement accountants must address. Ensure to provide examples from real-world scenarios oryour personal experience to support your analysis. Your response should be approximately 1,500words.Final PaperIntroductionDue to varying business characteristics, the managerial accounting techniques applied ineach business may differ. For example, a business in the start-up phase may rely heavily uponbudgeting and capital investment techniques; whereas, a business in the mature/maintainingphase may rely heavily upon cost management and quality control. Ultimately, the techniquesused by management should assist the business in achieving its short-term and long-term goalsthrough effective decision-making. Managerial accounting has an integral part in the businessworld. The purpose of this paper is to explain therole of managerial accounting. The paper willexplain what managerial accounting is along with its role in a business or organization andcertain ethical issues or concerns for the management accountant. The paper will also explain thefollowing topics:

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