find the file attached should be with turnitin report and according the file attached with apa style referencing

Running Head: MANAGERIAL ACCOUNTING                                1
MANAGERIAL ACCOUNTING                                        9
MA515 MANAGERIAL ACCOUNTING
Executive Summary
The report defines the concept of management accounting and the accountant. The management accounting motive is to help the managers take best decisions for the benefit of the organisation. The management accountants help in managing investments done in the organisation, preparing budget plan, planning and strategizing. Its main role is to analyse the financial statements and make decisions such as make or buy, lease or purchase. Management Accountant looks after a company’s accounts and its role involves crunching with numbers so that it contributes to profit. Moreover, it contains tool used by management tools mangers to perform their activities and include cost and financial statements, management information system, balance score card, real time inventory and process management.
Table of Contents
Executive Summary    2
Introduction    4
Q1.    4
Definition of Management Accounting    4
Contemporary Roles of a Management Accountant    4
Its Difference from Traditional Roles    5
Q2.    5
Balanced Scorecards    5
Real Time Inventory Management    5
Process Management    6
Cost and Financial Statements    6
Management Information System    6
Conclusion    6
References    7
Introduction
Management accounting revolves around three functions and that are planning, controlling and evaluating. The main purpose of management accounting is help mangers take correct decision that benefit the organisation. The managers make use of financial statements for decision-making. As mentioned by Ameen, Ahmed and Abd Hafez (2018), the management accountants help in managing investments done in the organisation, budgeting, planning and strategizing. It helps the business in taking various decisions such as lease or buy, make or buy, debt – equity mixture, optimum product mix and many more. The role of management accountant completely differs from the past. It may be because of increase in technology, skills and resources. They use management tools such as real time inventory, balance scorecard and more.
Q1.
Definition of Management Accounting
Management accounting is concerned with preparation of financial statements and various other reports about the business, which will help managers taking short term and long-term decisions. These reports and statements help the manager in identifying and analysing useful information, based on which decisions are taken. It is the processing done internally to account for the business transactions. It takes into consideration data related to costs of products and services purchased by the organisation. It helps in forecasting the future and accordingly taking make or buy decisions. The reports help in identifying deviations and taking corrective action. Thus, helps in understanding performance variances.
Contemporary Roles of a Management Accountant
Management Accountant look after a company’s accounts. The role of a management accountant includes playing with numbers in such a way that organisation is benefited. As mentioned by Usenko, Bogataya, Bukhov, Kuvaldina and Pavlyuk (2017), the accountant helps in forecasting the future and thereby reducing the chances of risk. They help in managing investments done in the organisation, budgeting, planning and strategizing.
They...