Name Professor Course Date Managerial Accounting Managerial accounting refers to the process of classifying assessing evaluating understanding and communicating messages for the quest of an organization’s set goals. Management basically revolves around the three main stages which include planning controlling and decision making. In planning the steps used are; forming goals developing budgets and stipulating how goals should be attained. Controlling enables and ensures that plans are followed based by the feedback reports whereas making of decision involves selection making amongst many competitive alternatives. Ethical standards are necessary in the business world failure to which it may lead to a lower quality of living with services of great pricing and minimum goods that are left to be desired. An ethics perspective consists of two main parts that include the ethical behavior and the resolve for an immensely thus making it more competitive in the job markets many fresh graduates end up opting for other options after having had experience in the public sectors in the accounting field. The IMA shows an estimate of 80% of the professional accountants work in the U.S under the private accounting environments. Once a management accountant qualifies and passes all the demanding exams he/she earns the right to be a renowned Certified Management Accountant commonly known as (CMA). Nonetheless change must surely be dynamic in making a better world. Works cited Garrison Ray H Eric W. Noreen and Peter C. Brewer. Managerial Accounting. New York: McGraw-Hill 2015. Print. Bhimani Alnoor. Introduction to Management Accounting. Harlow: Financial Times Prentice Hall 2012. Print. Garrison Ray H Eric W. Noreen and Peter C. Brewer. Managerial Accounting. Boston: McGraw-Hill/Irwin 2008. Print. [...]
The paper must begin with a clearly defined understanding of information from referenced articles. (three articles are required for reference) The discussion should include an analysis of the current and future impact on three references must be identified in the reference section of the paper.