ACC203 – INTRODUCTION TO MANAGERIAL ACCOUNTING
Write a paper, which must be 5 pages long, typed and double-spaced to discuss/answer the following:
1. Compare and contrast financial accounting and managerial accounting.
2. Identify and discuss the users of managerial accounting reports.
3. What role does GAAP play in managerial accounting?
4. Give a detailed example of a managerial report including its purpose. Interpret the report and explain its application in a specific industry environment.
5. List five decisions made by managers and explain the focus of the manager in making each of the decisions. What role does a managerial accountant play in each of the decision-making scenarios?
Your paper does not have to be in APA format, but you must use citations, if appropriate. Each student must do their own work and turn in an individual project at the end of the semester. Your project is due on the same day and time as your final exam. No exceptions! Remember that your project must be an original paper written for this course/current semester.