Your previous employment was for Smith and Sons CPAs, where you were a financial accountant preparing external financial statements for various clients. These financial statements were prepared for their potential investors. You have recently been hired in as a managerial accountant at ABC, Inc. ABC, Inc. is a large manufacturer of bed frames.
•How has your role changed with this new endeavor?
◦Examples of terms to consider are scope, users, behavior, ethics, timeframe, etc.
•What tools can be used in evaluating the current performance of this company?
◦Examples of terms to consider are costs, breakeven, outsource/process further, residual income, etc.
•How can you, as a managerial accountant, help to grow this company?
◦Examples of terms to consider are target profit, budgeting, internal rate of return, etc.
(/0x4*
Please write up your initial thoughts from what you have learned in previous accounting courses and this week. This paper should be approximately 1-2 pages in length, double spaced, and 12 point Times New Roman font. It should include some key terms you have learned up to this point.