As current or future managers each of us will face issues that are applicable to the businesses in which we work and the stages at which we are in our careers. For this discussion, I would like the everyone to research a managerial accounting-related issue that is either relevant to me (student) in my current position or that I find of interest and that might be relevant to a CEO of a major sports company. This issue might also be relevant to your fellow learners. For this, restrict the responses to technical application of managerial accounting concepts(e.g., do NOT choose ethics as it impacts managerial accounting). For ideas, we may perform some online web searches or consider looking at topics presented in the textbook for which we can obtain additional information or translate to application.

1. What is the issue? Provide a summary of what was found. If an online article was used to identify the issue, provide a link to the article for others who may also be interested.
2. How is this issue related to managerial accounting? Remember that the key tasks of managerial accountants are planning, decision making, and control.
3. What role do I expect this issue to play in my current or future managerial position even if I am not an accounting/finance professional?