The practice of management accounting has changed in recent years the following are some well-established managerial accounting practises that are as follow

value chain

just-in-time inventory method

total quality method

activity based costing

lean manufacturing

balance scorecard

choose any two of the above managerial accounting practices that you would consider implementing within your professional context and answer the following

Description - Write a comprehensive paper describing the two selected managerial accounting practices . Provide examples where necessary

Feelings - Explain how your choice above resonate the most with your professional context ? What impact do you feel this learning experience will have on your personal or professional context ? Evaluation & Analysis - What was good or bad about the learning experience in this assignment ? Were you able to strengthen your knowledge and perspective on the subject matter ? What were some of the mast thrilling take - aways ?

Conclusion - Summarize your understanding of the selected managerial accounting practices .