Requirements for Written Case Analyses: 1. Answer the questions in the assignment in order. Number your answers to the questions to make it clear which question you are answering. No introduction or statement of the problem is required. 2. Type your answers, double-spaced, in 12 point font. Number each page sequentially (including Exhibits) except the cover page. TEXT (not including Exhibits) MUST NOT EXCEED TWO (2) PAGES. Margins must be reasonable, no smaller than 1 inch on all sides. 3. Clearly show all calculations done to arrive at your answers and analyses. Where possible, use Tables and Exhibits to present calculations and quantitative analyses. Position these after the two pages of text. You will be evaluated on the clarity of the presentation as well as the quality of the analysis. 4. Support your assertions with evidence drawn from the case facts, and from your analysis. 5. Calculations are only the beginning of the analysis. You must interpret the calculations and assess their implications and significance for the managerial analysis and decisions under discussion.

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.

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, excluding the title and reference pages)

Present the following:

Define managerial accounting Describe the role of managerial accounting and the management accountant in a business or organization Describes ethical issues/concerns for the management accountant Describes at least three managerial accounting techniques available and their application within a business or organization

Part II (Four to six double-spaced pages, excluding the title and reference 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.

1.       Please elaborate on the following statement “managerial accounting often serves an attention-directing role”.