BUS 630 Managerial Accounting / Decision Making with Managerial Accounting
Just want to repeat some important points on your final paper, when you state your ideas or arguments you should follow those up with citations of support from a credible source, like Berkery (2008). Make sure to include the citation (Author, year, page or paragraph number). If you are using quotations you must cite the page or paragraph number the quote is coming from. This is very important not doing so could be taken as plagiarism. A reader must be able to locate the quote you are using from the original source. Also if you list authors in your reference page they need to be cited in your paper. If you just list the authors in your reference section and do not cite them in the paper, they are not considered as being used in the paper. Try to stick with using articles from the University’s library, or our textbook. Make sure you review the student guide for the requirements such as being eight to ten pages long and to include a reference page.
Also along the top of the page should be the running header which is a shortened version of the paper’s title. Feel free to use the guidelines outlined in the student guide as headings. This will help with the focus and organization of your paper. The introduction should start off with a sentence that grabs the reader’s attention. You should include a section that lets the reader know what to expect in the rest of the paper, or the questions you will be addressing. The last sentence of the introduction is the thesis or purpose of the paper. The conclusion should begin with a restatement of the purpose or thesis statement and synthesize the main points of your paper in the conclusion. A suggested outline is below (use these as headings):
· Introduction
· Part I - Overview
o Definition of managerial accounting
o Role of managerial accounting and the management accountant in a business or organization
o Ethical issues/concerns for the management accountant
o General description of at least three managerial accounting techniques available and their application within a business or organization
· Part II – Examples
o Cost Management Techniques
o Costing Methods
o Capital Investment Decision Techniques
o Budgeting
o Quality Control
· Conclusion
Your first discussion question involves evaluating performance issues with divisions. Schneider (2012) explains, “In calculating division profit, problems arise when the divisions are not completely independent. If one division furnishes goods or services to another division, a transfer price must be set to determine the buying division’s cost and the selling division’s revenue” (11.5 Intracompany transaction and transfer pricing problems, para. 1). Keep these points in mind and try to include some of your experiences with budgets in your post
Your second discussion question is based on non-value added costs. You are presented with a scenario and asked categorize activities based on process, inspection, move, wait and storage time. Then you are asked to list the non-value added activities. Schneider (2012) describes the process, inspection, move, wait, and storage time categories in section 12.3 Activity Analysis. The author also describes non-value added costs as costs that are not needed or can be removed without influencing the final product (Schneider, 2012). Please review those sections and keep them in mind when completing your second discussion question.
Again make sure to review the guidelines for your final paper that I have touched upon at the beginning of this week’s guidance, and make sure to review your student guide for details on the requirements for your final paper. I have also attached an optional article. You can review the references from the paper and search those for further sources.
Class Text:
Schneider, A. (2012). Managerial accounting: Decision making for the service and manufacturing sectors. San Diego, CA: Bridgepoint Education.