Jul 15, 2017

Article Summary & Analysis

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Article Summary & Analysis


Find an article that is related to using managerial accounting information. Write a 750 – 1,000 word paper that provides a summary and a reaction to the article. The summary should include specific references to the article, and the reaction should include information regarding how you would use this managerial accounting information in practice. The reaction section should be supported by at least two other outside sources. Submit your assignment by the end of the topic.

Prepare this assignment according to the APA guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is/is not required.


Article Summary & Analysis Name Institution Date Article Summary & Analysis Several companies are faced with economic problems on how to properly allocate the few available resources to maximize profit. According to Freedman (2015), in his article titled, “Why Management Accounting Is Important in Decision-Making,” small businesses owners are the ones affected most because they are forced to make countless decisions every day. The author states that the solution to their problem is managerial accounting information. Managerial accounting information provides data-driven in that makes decision-making a smooth process (Freedman, 2015). Managerial accounting information acts as a tool that is considered powerful, in my view, because it can make a difference in how small business owners make decisions to become more successful. It helps in understanding managed accounting. Freedman (2015) states that managerial accounting information is imperative because


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