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Managerial Accounting Final Paper BUS 630, Managerial Accounting Ashford University Managerial Accounting Introduction “The accounting system generates the information that satisfies two reporting needs that coexist within an organization: financial accounting and managerial accounting” (Schneider, 2012, ch 1.1, para 1). Managerial Accounting Term Paper: Managerial accounting is the system of detection, measurement, collection, registration, interpretation, generalization and presentation of the important information on the activity of the company to the administration of the company. We accept PayPal, MasterCard, Visa, Amex, and Discover. Click one of our representatives below and we will get back to you as soon as possible. Based on my, understanding, in one sentence, managerial accounting is about learning how to, do analysis on financial information which aids in making effective decisions that, will help to get the most out of the company’s profitability. 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