What is managerial accounting?

What is managerial accounting? Describe the connection betweenplanning, feedback, and controlling. What is ethical behavior? Isit possible to teach ethical behavior in a managerial accountingcourse? Briefly describe some of the common themes or pressuresfaced by executives who commit corporate fraud.


What is managerial accounting?

Managerial Accounting is the endowment of accounting figures fora company’s internal users

Describe the connection between planning, feedback, andcontrolling. What is ethical behavior?

The connection between planning, feedback and controlling isthat you cannot have one deprived of the other. When the planningis done, there is response given on the plan and then once opinionis given, the strategies necessitates to be executed which effectsfor controlling by the management team within a company

What is ethical behavior? Is it possible to teachethical behavior in a managerial accounting course?

Ethical behavior comprises selecting actions that are correct,suitable, and fair. Yes, it is probable to impart ethical behaviorin a managerial accounting course as in order to make the rightjudgment for the prospect of the company, the managers making thechoices also need to make the judgement with ethics as one of thesignificant features in their decision.

Briefly describe some of the common themes or pressuresfaced by executives who commit corporate fraud.

The regular themes or stresses faced by executives who obligatecorporate fraud are listed as follows:

  • Bonus and performance evaluation that are related with goals,impacts managers to obligate fraud.

In order to obtain resources and investments, management embarkon financial statement frauds in which, financial positioncharacterized in the reports, is superior than what it is inactuality

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