Need an argumentative essay on Managerial Accounting Practices. Needs to be 3 pages. Please no plagiarism.

ng on the other side provide information that is of pivotal importance for management to make day to day decisions as well as to set their long term strategy.

When financial accounting provides standardized reports to external stakeholders, management accounting enables accountants to provide information for each and every level of management, from section supervisor to department heads.

“Management accounting is concerned with the provisions and use of accounting information to managers within organizations, to provide them with the basis in making informed business decisions that would allow them to be better equipped in their management and control functions (wikipedia, 2007)”.

The purpose of managerial accounting is to provide management with the information that holds key importance in strategic planning, directing and motivating employees and evaluating and controlling organizational performance. It provides basis for decision making for future activities. Reports are prepared for each and every segment of department so that the department heads and section managers may know exactly about their department’s performance and can reward or take controlling measures for their employees.

Managerial accounting provides data to enable management of making budgets which are a part of their planning process. Budgets help management know exactly of their current state of resources and their future use in various activities from day to day operations to expansion projects. Daily sales report generated by management accountants or daily production reports help management analyze the efficiency of various department.

Comparisons between the standard and the actual help management to know about the current and required status of their business activities and counter measures can be taken if found deviating from standards. Managerial accounting’s ability to provide basis for controlling measures lays ground for key performance measures for an organization.

I will pay for the following essay Communication, Ethics, and Society. The essay is to be 1 pages with three to five sources, with in-text citations and a reference page.

CNN’s story seemed more about creating a trending story on their network rather than reporting the plight of stranded passengers on a stranded cruise ship.evidently, the cruise ship’s accident was not catastrophic and that is perhaps why it elicited comical re-incarnation by live comedy shows. SPJ also requires journalists to ensure that they minimize possible harm resulting from the news they cover (Baran et al, 2012). CNN helicopters and boats kept hovering above and around the stalled ship. This act was highly insensitive to the passengers who were already nervous because it made them more tense and made them panic even more. The relatives of the passengers on the cruise ship were subjected to trauma by comparison of the ship accident to Hurricane Katrina which gave an impression of mass loss of lives.

Assessments of the story point towards the conclusion that it was given unnecessary full-time coverage. The magnitude of the ship mishap was overly blown out of proportion and the story created a major hype with misdirected intentions. A story of such rating, warranted a much more honest representation of the true facts while avoiding the irresponsible comparison to Hurricane Katrina. However the story can not be said to poorly represent America because it was not a representation of the lives of Americans but an isolated case of a sea cruise gone wrong. The far the story went in terms of damaging reputations was to shed bad light on the company owning the