Managerial Accounting Essays and Term Papers
412 Essays on Managerial Accounting. Documents 26 - 50
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Bank Accounting Information System and Electronic Banking
Introduction Information technology has had as much impact on our society as the industrial revolution. In the information age, companies are finding that success or failure is increasingly dependent on their management and use of information. Therefore, companies need a good information system that enabled an efficient and effective use of information to give them more competitive advantage (Moscove, Simkin, & Bagranoff, 1999). An information system is a set of interrelated subsystems that work together
Rating:Essay Length: 4,453 Words / 18 PagesSubmitted: March 11, 2009 -
Accounting
Accounting The nature of work of accountants and auditors is to prepare, analyze, and verify financial reports and taxes, and monitor information systems that furnish this information to managers in business, industry, and government. The major fields of accounting are Public accountants who have their own business or work for public accounting firms. They perform a large range of responsibilities such as doing taxes, numerous accounting and auditing, consulting activities for their clients, who may
Rating:Essay Length: 1,946 Words / 8 PagesSubmitted: March 11, 2009 -
Today’s Accounting Practices
On September 28, 1998, Chairman of the U.S. Securities and Exchange Commission Arthur Levitt sounded the call to arms in the financial community. Levitt asked for, immediate and coordinated action… to assure credibility and transparency of financial reporting. Levitt’s speech emphasized the importance of clear financial reporting to those gathered at New York University. Reporting which has bowed to the pressures and tricks of earnings management. Levitt specifically addresses five of the most popular tricks
Rating:Essay Length: 2,344 Words / 10 PagesSubmitted: November 8, 2009 -
Ethics in Accounting
Financial Decision-making is one of the most important things in our business world today. In today’s diverse world, ethics in accounting and financial decision- making is a process that many organizations have trouble dealing with. Many organizations put emphasis on ethics and the financial decision making process within the organizations( www.managemyaccounting.com(2007). It is expected that all organizations will behave in an ethical manner in the current economy. (www.managemyaccounting.com(2007). In today’s business world, it is difficult
Rating:Essay Length: 805 Words / 4 PagesSubmitted: November 8, 2009 -
Bank Accounts, Joint or Separate?
Introduction The topic I chose to discuss is if couples have separate bank accounts and if they have arrived at this solution after trying to use a single account or if this was their first attempt at martial checking. I chose this topic because I always had the notion that a married couple should have a joint bank account, meaning that their finances just like them were intertwined and inseparable. After I was married to
Rating:Essay Length: 2,056 Words / 9 PagesSubmitted: November 9, 2009 -
Accountant-Client Privilege
SYNOPSIS This term paper offers an overview of the federal government’s newest appointed privilege given to accountants, which is known as, the accountant-client privilege. For the many reasons that other professional-client privileges exist the rationale behind the accountant-client privilege is mainly, to give the client more options in seeking tax and estate planning advice. As with other privileged communications there are exceptions as to what is privileged and what is not. For whatever reason, many
Rating:Essay Length: 4,973 Words / 20 PagesSubmitted: November 10, 2009 -
Financial Accounting Corporate Report 1975
INTRODUCTION In 19 the Corporate Report was published, this was the outcome from the Accounting Standards Steering Committee’s wide ranging discussion paper and in part considered the usefulness of financial statements (Dunn, April 2002) discusses that to meet their basic objective financial statements must be useful; and the information relevant and reliable. Information will have relevance if it influences the decisions of the users. Relevance and reliability are primary characteristics relating to content together with
Rating:Essay Length: 1,406 Words / 6 PagesSubmitted: November 10, 2009 -
Accounting and the Stock Market Crash of 1929
Accounting and the Stock Market Crash of 1929 Susan Hart Introduction The 1929 stock market crash is one of the most significant financial crises in the history of the United States. The years following the crash would prove to be ground-breaking for the accounting profession. These years consisted of an increased awareness of the accounting profession and the most extensive changes in financial reporting requirements experienced in the United States. Financial reporting transformed from
Rating:Essay Length: 2,137 Words / 9 PagesSubmitted: November 10, 2009 -
Managing Finance and Accounts
Post Graduate Diploma in Management studies 2003-2004 Year 2 Managing Finance and Accounting Tutor: Ian Andrews Module Title: Managing Finance and Accounting Student: Date: June 2004 CONTENTS 1 Cash Budget for July - October 2 Forecast Productions for three-month period 2.1 Actual Production for three-month period 2.2 Potential reasons for variation 2.3 Recommendations 1 Prepare a cash budget for the four months July - Oct Task 2 JULY AUGUST SEPTEMBER OCTOBER Ј Ј Ј Ј
Rating:Essay Length: 302 Words / 2 PagesSubmitted: November 10, 2009 -
Innovation Management - Role of the Accounting Function
"If you ever become a marketer, then your friend in the company should be the accountant" These were the words of advise given to me by my Marketing professor at Red McCombs School of Business in University of Texas, Austin. I recall this statement every time I think of costs involved in new product development or in every marketing endeavor I undertake. The above words also applies to all persons leading an Innovation projects: Be
Rating:Essay Length: 833 Words / 4 PagesSubmitted: November 11, 2009 -
Simulation: Research Methods for Managerial Decisions
Simulation: Research Methods for Managerial Decisions Introduction Over a year has past since CoffeeTime entered into the coffee bar market in Mumbai, India. CoffeeTime’s entrance has proven successful with the Mumbai, India outlet reporting profits. As the company moves forward with their business plans in the Indian market, management wants to make sure they are making informed decisions that will be in the best interested of the company such as predicting revenues, introducing new products
Rating:Essay Length: 1,771 Words / 8 PagesSubmitted: November 11, 2009 -
What Accounts for the Today’s Difference in Unemployment Rates Between France and Us?
What accounts for the today’s difference in unemployment rates between France and US? France has one of the highest unemployment rates out of the industrialized nations. It has been at around 10% for the last two decades. Many French workers will go through unemployment at some point in their career, and it is an especially high probability for the low skilled workers and the young. There are many possible reasons for why France has a
Rating:Essay Length: 2,760 Words / 12 PagesSubmitted: November 12, 2009 -
International Accounting
The International Accounting Standards Board’s (IASB) main objective together with national standard setters is to set standards for financial reporting that will be used by businesses and organizations worldwide. The board has twelve full-time members and two part-time members. Of the twelve full-time members, seven members must have a “formal liaison responsibility with one or more national standard setter.” (Hoyle, Schaefer, & Doupnik, 2004) There is no requirement of formal liaison responsibility for the remaining
Rating:Essay Length: 799 Words / 4 PagesSubmitted: November 12, 2009 -
Analysing the Role of Internal & External Environment, Social Responsibility and Managerial Ethics in Parmalat & Awb
ANALYSING THE ROLE OF INTERNAL & EXTERNAL ENVIRONMENT, SOCIAL RESPONSIBILITY AND MANAGERIAL ETHICS IN PARMALAT & AWB By John Geevarghese (ID 21639689) INTRODUCTION : Goal of this assignment is to carefully understand the crucial role of Internal / External Environment, Social responsibility and Managerial ethics in the rise and fall of well known organisations like Parmalat, AWB and others. The only way to understand the active roles of these factors will be by understanding it
Rating:Essay Length: 3,609 Words / 15 PagesSubmitted: November 12, 2009 -
Gear Accountability
The Marine Corps has adopted a system of serializing gear in order to keep records of where it's gear is issued. The units and individual Marines to whom this gear is issued are held accountable for maintaining them. Losing a piece of gear could have repercussions ranging from payment for lost property to legal action. In addition to these are other consequences. There is a quote by Benjamin Franklin that reads, �time is money.’ In
Rating:Essay Length: 299 Words / 2 PagesSubmitted: November 13, 2009 -
The Timing and Mechanics of Accounting
To be honest, in this scenario, all I am thinking about is that bonus I worked hard for all year long. (Even though we all feel that this is an ethical dilemma, think realistically at what most people would do. We all know right from wrong it’s what we do with the feelings that counts.) If the expenses are recorded this year I will be off on my target revenue by $50,000. This is a
Rating:Essay Length: 437 Words / 2 PagesSubmitted: November 13, 2009 -
Global Success and the Role of Strategic Steering and Management Accounting Systems
Global Success and the Role of Strategic Steering and Management Accounting Systems 1. INTRODUCTION Research approach The objective of the present study is to evaluate corporate global success and some of its determinants as a single case study of Nokia Group. The rationale for the research approach of a single case is that Nokia represents an extreme and unique case of reaching global success in telecommunications industry (see Yin 1994: 39). Global success in the
Rating:Essay Length: 9,804 Words / 40 PagesSubmitted: November 13, 2009 -
Ethics in Accounting and Financial Decision Making
Ethics in Accounting and Financial Decision Making In today's business world, many organizations place a great emphasis on ethics and the financial decision making process within organizations, however, all organizations don’t have a code of ethics or they apply to someone officers of said organization, with some different according to status. However, experts believe that it should apply to all employees and for those organizations with out a code of ethics; they should provide an
Rating:Essay Length: 583 Words / 3 PagesSubmitted: November 13, 2009 -
Accounting Ethical and Legal Obligations Pape
Introduction: Ethics is first of all, the quest for, and the understanding of, the good life living well, a life worth living. It is largely a matter of perspective: puffing every activity and goal in its place knowing what is worth doing and what is not worth doing, knowing what is worth wanting and having and knowing what is not worth wanting and having. The purpose of ethics in business is to direct business man
Rating:Essay Length: 1,157 Words / 5 PagesSubmitted: November 13, 2009 -
Creative Accounting
Creative accounting refers to accounting practices that deviate from (the spirit of ) standard accounting practices. They are characterized by excessive complication and the use of novel ways of characterizing income, assets or liabilities. Sometimes the words "innovative" or "aggressive" are used. The term is also (used more seriously and disparagingly) to refer to systematic misrepresentation of the true income and assets of business organizations. "Creative accounting" on this scale has led to a number
Rating:Essay Length: 262 Words / 2 PagesSubmitted: November 14, 2009 -
Accounting Essaays
Financial Accounting Financial accounting involves the preparation of a business's financial statements, mainly for users outside the business. These reports are used by owners, potential owners of a business, and by people who have loaned a company money. Some government agencies that regulate business and the stock market require companies to submit financial statements to them. Additionally, stockholders, suppliers, and banks also benefit from the financial reports that are generated. (Horngreen, Stratton, & Sundem, p.
Rating:Essay Length: 296 Words / 2 PagesSubmitted: November 15, 2009 -
Advantages and Disadvantages of Historical Cost Accounting, Alternatives to Historical Cost Accountingadvantages and Disadvantages of Historical Cost Accounting, Alternatives to Historical Cost Accounting
Advantages and disadvantages of historical cost accounting, alternatives to historical cost accounting 2.1 Introduction Accounting concepts and conventions as used in accountancy are the rules and guidelines by which the accountant lives. The historical cost accounting convention is an accounting technique that values an asset for balance sheet purposes at the price paid for the asset at the time of its acquisition. The historical cost accounting is the situation in which accountants record revenue, expenditure
Rating:Essay Length: 1,230 Words / 5 PagesSubmitted: November 15, 2009 -
Advantages and Disadvantages of Historical Cost Accounting, Alternatives to Historical Cost Accounting
Advantages and disadvantages of historical cost accounting, alternatives to historical cost accounting 2.1 Introduction Accounting concepts and conventions as used in accountancy are the rules and guidelines by which the accountant lives. The historical cost accounting convention is an accounting technique that values an asset for balance sheet purposes at the price paid for the asset at the time of its acquisition. The historical cost accounting is the situation in which accountants record revenue, expenditure
Rating:Essay Length: 1,230 Words / 5 PagesSubmitted: November 16, 2009 -
Ethics, Accounting and Business Decisions
Ethics, Accounting and Business Decisions In the article “Business and Accounting Ethics” written by Dr. K. T. Smith and Dr. L. Murphy Smith, the authors affirm the need for ethics and decision-making in accounting due to recent unfavorable business practices. They stress the importance of maintaining and implementing regulations for professional conduct for public and private accountants. In addition, they raised question, “What is my highest aspiration? The answer might be wealth, fame, knowledge, popularity,
Rating:Essay Length: 471 Words / 2 PagesSubmitted: November 17, 2009 -
Forensic Accounting
FORENSIC ACCOUNTING MORE THAN JUST NUMBERS The field of accounting is no longer just for those who enjoy crunching numbers. Preparing financial statements, internal auditing, and tax accounting are only the tip of the iceberg. In today’s society of the “money hungry”, the “sue happy”, and the financially unfit, a new breed of accountant; the “Forensic Accountant” has emerged. Although Investigative Accounting has been around for years, it has only recently begun to transform into
Rating:Essay Length: 1,586 Words / 7 PagesSubmitted: November 17, 2009