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Essay Available:
Pages:
1 page/≈275 words
Sources:
4 Sources
Level:
APA
Subject:
Accounting, Finance, SPSS
Type:
Reaction Paper
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 5.15
Topic:

Discussion Mod: Characteristics That Define Managerial Accounting (Reaction Paper Sample)

Instructions:

Respond to both posts. Your response should be substantive and further the discussion. It is OK to be critical and use critical thinking. That means you can question what your classmates say. Do they provide their own critical thinking and logic?. 135 words each. See attachments

source..
Content:


Accounting Response Discussion
Name
Institutional Affiliation
Accounting Response Discussion
First Response
Kelvin, your discussion centers on the core characteristics that define managerial accounting. Most importantly, you note that every organization has its formula of maintaining its management records. This procedure marks the primary difference with financial accounting, which has strict principles that have to be followed (Ameen, Ahmed, & Hafex, 2018). Financial accounting facilitated the emergence of managerial accounting after WW1 and was developed as a distinct practice that enhanced operational efficiency (Richardson, 2017). Data from managerial accounting is meant to support financial reporting as the management is under pressure to provide more information to the investors and more so, to cater for the future budgeting and operational plans. Although its relevance to the investors may be undermined, managerial accounting is important in distinguishing, investigating, recording, and manifesting data on funds. From this point, the management is capacitated to make appropriate decis

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Other Topics:

  • Discussion Mod: Characteristics That Define Managerial Accounting
    Description: Your response should be substantive and further the discussion. It is OK to be critical and use critical thinking. That means you can question what your classmates say. Do they provide their own critical thinking and logic?...
    1 page/≈275 words | 4 Sources | APA | Accounting, Finance, SPSS | Reaction Paper |
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