You have been asked to prepare a presentation for the next board of directors meeting regarding managerial accounting. What is the purpose of managerial accounting? How do managerial accountants support strategic decisions? How do managers implement strategy?

You have been asked to prepare a presentation on managerial accounting for the next board of directors meeting for your company. Prepare a paper of 2 pages that discusses the following:

• What is the purpose of managerial accounting?
• How do managerial accountants support strategic decisions?
• Describe ways in which managers implement strategy.
• What are steps that managers can take to implement a strategy?

Your paper should be 2 pages in length, not including the title and reference pages. All sources must be cited using proper APA format.