Management Accounting and Reporting Systems

Management accounting and reporting systems include tools that can be used to stimulate performance or determine budgeting to meet organization goals and objectives. The goal is to develop the appropriate and timely information to contribute to the overall success of the organization.

This week, you will develop a document (use MS Excel or Word) to serve as a flow chart for accounting tools (reports, ratios, measures, and analyses). At a minimum, include three tools, one to represent each type.

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In a three-column format, organize the names of the tools in the first column. Use Column 2 to describe the utility of the tool, information used to create it, how frequently it should be generated, etc. In Column 3, identify the stakeholders—the entities or individuals who need this information.

Use brief descriptions or bullets in Column 2.
Include cover and references pages (MS Word document).
If using Excel, label the first tab Cover Page and include the appropriate APA information.
Use the second tab for the chart.
Label the third tab References and include the alphabetized bibliography.

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