Posted: May 21st, 2022

Describe the differences between financial and managerial accounting.

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Scenario: Your team represents a consulting firm that has been selected to explain the benefits of adopting an Enterprise Resource Planning system for an organization. The organization is considering possible major layoffs if revenue and efficiencies cannot improve.
Your team has been contracted to prepare and present a proposal and presentation to the senior management team. The team should prepare and deliver the presentation by explaining the accounting and financial processes from the Enterprise Resource Planning and accounting processes perspective.
Design a 10- to 12-slide Microsoft® PowerPoint® presentation with speaker notes in which you complete the following:
Describe the differences between financial and managerial accounting.
Rationalize why the Enterprise Resource Planning system will help to solve accounting and financial reporting problems that have occurred in the organization’s unintegrated system.
Summarize your team’s recommendations, and describe the overall benefits to the organization of implementing these recommendations.
Include a slide with references at the end of the presentation.
Format the presentation consistent with APA guidelines.

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