Managerial Accounting Free Term Papers
Last update: February 14, 2015-
Cost Accounting Master Budgeting
BUDGETED INCOME STATEMENT A. EACH CHAIR SPECIFICATION REVENUES SC 1 DIRECT MATERIAL COST OF GOODS SOLD SC 7 PLYWOOD 2 b.f per table GROSS MARGIN TEAK WOOD 7 b.f per table OPERATING COSTS DIRECT MANUFACTURING LABOR HUMAN LABOR 0.3 hrs per table R & D / PRODUCT DESIGN SC 8 MACHINING HOURS 3 hrs per table MARKETING COSTS SC 8 DISTRIBUTION COSTS SC 8 B. INVENTORY INFORMATION IN PHYSICAL UNITS FOR 2011 IS CUSTOMER SERVICE
Rating:Essay Length: 595 Words / 3 PagesSubmitted: April 5, 2011 -
Earning Management and Creative Accounting
Earning Management and Creative Accounting EM can be viewed from:- A. Financial reporting- manager use EM to meet analysts' earnings forecasts, thereby avoiding the strong negative share price reaction that quickly follows a failure to meet investor expectation. Use into create a stream of smooth and growing earnings over time. B.Contracting perspectives- used as a way to protect the firm from the consequences for unforeseen Events when contracts are rigid and incomplete. The choice by
Rating:Essay Length: 1,205 Words / 5 PagesSubmitted: April 5, 2011 -
Improving Managerial Performance
ey managerial strengths and weaknesses in the organization. Explain the areas in the organization that need the most work or have the most room for improvement, focusing particularly on issues in the organization that we have touched on during the course. Try to keep your list of problems manageable. Mention only those for which you have clear and solid recommendations. Recommendations for improving managerial performance. Using the principles and concepts covered in the course, suggest
Rating:Essay Length: 343 Words / 2 PagesSubmitted: April 5, 2011 -
Accounting Information System Homework
AIS book Chapter 9 Page 329 RQ 3, 4, 6, 8 RQ 9-3 How could the control matrix be used to recommend changes in the system to improve control of that system? The control matrix is a tool designed to assist in evaluating the potential effectiveness of controls in a business process by matching control goals with relevant control plans. In the process of preparing a control matrix, one must specify control goals and recommend
Rating:Essay Length: 707 Words / 3 PagesSubmitted: April 7, 2011 -
American Public School Education and Accountability
Introduction Learning is a process that engages the students, teachers and the parents. They should all work hand in hand so as to influence the learning outcomes and performance of the students' results when schooling. Parents should follow up on ensuring that students put into practice what they are taught in class while at the same time telling their children the importance of education. Schooling should begin at home before a child even attends any
Rating:Essay Length: 1,552 Words / 7 PagesSubmitted: April 8, 2011 -
Difference Between Activity Based Costing (abc) and Traditional Cost Accounting (tca)
Topic: Activity Based Costing Submission Date: 16 march 2011 Word Count: 1770 Name: Mary Moss Student No: L00084540 Class: Buss Yr 2 Contents Page 2 …………………………………….. Introduction to Activity Based Costing Page 2…………………………………….. Benefits of ABC Page 3…………………………………….. Traditional Cost Accounting (TCA) Page 4…………………………………….. Difference between ABC and TCA Page 5…………………………………….. Numerical example using ABC and TCA Page 8…………………………………….. Bibliography Introduction to Activity Based Costing Activity Based Costing (ABC) emerged in the 1980s from the
Rating:Essay Length: 1,731 Words / 7 PagesSubmitted: April 9, 2011 -
Benefit of Strategic Manaagement Accounting for Organization
1. Provide some discussion regarding the benefits of strategic management accounting for organizations. Support the discussion with current research, and provide some illustration and justification for your answers. Strategic Management Accounting (SMA) is extending the Traditional Management Accounting because it not only focuses internal financial information, it also included external non-financial information about competitors and customers. Nowadays, firms are using SMA to aid business management decisions to gain competitive advantage. One of the benefit that
Rating:Essay Length: 1,052 Words / 5 PagesSubmitted: April 9, 2011 -
Mkt 640 - a Managerial Approach to Marketing
MKT640=1005B-01 – A Managerial Approach to Marketing 8 January 2011 Frank P. Nolan Abstract There are several challenges companies face when they are about to launch new products within a global economy. In this paper I will discuss the daily challenges, how technology has assisted as well as the legal and ethical battles. The Indonesian based noodle company Indofood is discussed with their attempt to market a new product, the "limited edition" Valentine noodle. An
Rating:Essay Length: 804 Words / 4 PagesSubmitted: April 10, 2011 -
Capital Account
CHAPTER 4 CONCOMITANTS FOR A MOVE TO FULLER CAPITAL ACCOUNT CONVERTIBILITY 4.1 This Chapter reviews some key macro-economic indicators since 1996-97 and against this backdrop, certain steps are set out to enable a move to FCAC. Policies for macroeconomic stability in an open economy environment need greater attention. The fiscal-monetary policies, exchange rate management, prudential, regulatory and supervisory safeguards and measures for development of financial markets all assume importance (some of these issues are discussed
Rating:Essay Length: 996 Words / 4 PagesSubmitted: April 13, 2011 -
Accounting Case
DEFINA Y DE EJEMPLOS NUMERICOS: • DEFINA EL CAPM • QUE ES LA TASA LIBRE DE RIESGO • PARA DEUDA EMITIDA EN PERU EN MONEDA NACIONAL, QUE REFERENCIA LIBRE DE RIESGO TOMARIA O RECOMENDARIA, PORQUE? • PARA DEUDA EMITIDA EN PERU EN MONEDA EXTRANJERA, QUE REFERENCIA LIBRE DE RIESGO TOMARIA O RECOMENDARIA, PORQUE? • QUE ES EL EMBI? • PARA QUE ES EMPLEADA LA CORRELACIÓN EN EL BETA • QUE SON LOS INDICES BURSATILES, POR
Rating:Essay Length: 363 Words / 2 PagesSubmitted: April 14, 2011 -
Accounting Concepts and Standards
Accounting Concepts and Standards Accounting procedures provide the information that is used by companies to measure performance and analyze their financial position. Accounting is used to record a company’s assets, liabilities, shareholder equity, revenues and expenses. A detailed set of rules called the Generally Accepted Accounting Principles (GAAP) are used to oversee financial accounting. GAAP includes the standards, conventions, and rules accountants follow in recording and summarizing transactions. Financial Accounting Standards are the published result
Rating:Essay Length: 1,360 Words / 6 PagesSubmitted: July 10, 2011 -
Business Accounting
Name: Adnan Qadeer Bhatti Student Number: 1002129/1 BABM (T: 2 Group 1) Business Accounting (SBMG4002) Assignment: 1 Lecturer Name: Omwenga Mwambi Due DATE: 28TH April 2011 Lampeter Agricultural Supplies Trading and Profit And Loss Account for the year ended 31st December 2010 £ £ Sales 950,000 Less cost of sales Opening Stock 360000 Purchases 480000 840000 Less Closing Stock (378000) (462000) Gross Profit 488,000 Less expenses Advertising 10000 Electricity 6000 Insurance 25000 Rent &
Rating:Essay Length: 1,001 Words / 5 PagesSubmitted: July 25, 2011 -
Description of Managerial Competencies - Communication Competency
Description of Managerial Competencies Communication Competency Communication competency means the two-way transmission of data between two or more people that result in the desired interpretation of data. (Hellriegel, Jackson, Slokum, Staude, Amos, Klopper, Louw & Oosthuizen, 2006:13).They argued that effective communication is essential in networking individuals within or outside the organization for coordination of organizational activities. Similarly, (DuToit, Erasmus, & Strydom, 2010:223) highlighted that “good communication is conducive to good relations between managers and individual
Rating:Essay Length: 805 Words / 4 PagesSubmitted: August 4, 2011 -
Fundamentals of Managerial Finnance
Concept Questions: 1.- Financial Ratio Analysis: A financial ratio by itself tells us little about a company because financial ratios vary a great deal across industries. There are two basic group analysis financial ratios for a company. Time trend analysis and peer group analysis. In time trend analysis, you find the ratios for the company over some period, say five years and examine how each ratio has changed over this period. In peer group analysis
Rating:Essay Length: 806 Words / 4 PagesSubmitted: August 15, 2011 -
Corporation Case - Ethics and Accounting
We have been asked for showing our believe in the unethical way of requesting by the CEO and CFO as the profit is expected to increase as well as the growing in producing goods. Our analysis use two production cost reports to explain our idea of how boosting the net income will be increased by the production, estimate how much profit we expect to increase reasonably. Based on our studies, we conclude that : increasing
Rating:Essay Length: 799 Words / 4 PagesSubmitted: September 4, 2011 -
Users and Uses of Accounting Information
1.1 Users of accounting information The users of accounting information can be classified into a number of categories or groups. Each group has different types of economic decisions to make and, as such, each group has different information needs. The principal users of accounting information include the following: Owners and investors Management Banks and other lenders Suppliers Customers Employees Competitors The government The general public 1.2 Information needs of various users Owners and Investors The
Rating:Essay Length: 580 Words / 3 PagesSubmitted: September 4, 2011 -
Managerial Decision Making
PART I Formal research and business proposals share several similarities in their model and approach. Both data collecting proposals follow a similar model, but the content within each model and the specific areas within illustrate the very differences that make them unique. Research proposals are abstract driven, meaning the reason for the research is to discover, prove, and or test a hypothesis. It is purely scholastic in nature and may or may not be used
Rating:Essay Length: 820 Words / 4 PagesSubmitted: September 8, 2011 -
Business Accounting - Ugg Australia
UGG Australia began 1978 and is the world's largest purveyor of top grade sheepskin products. It was acquired by Deckers Outdoor Corporation in 1995. It markets the premier brand in luxury and comfort. Also, the company promises which they produces those footwears especially the finest sheepskin boots worldwide. Thus, UGG Australia aims to offer customers high-quality footwears which are fashiobale, comfortable and attainable. The consumer direct business experienced significant growth since 2009. Throughout the year,
Rating:Essay Length: 294 Words / 2 PagesSubmitted: September 9, 2011 -
Comment Briefly on the Major Differences Between Financial and Management Accounting
Comment briefly on the major differences between Financial and Management Accounting: Contrary to the conventional belief that Cost/Management accounting is an extension of the market oriented double-entry book keeping system, Johnson (1983) said it was the result of the endeavor to surmount market imperfections to assist firms internally. It is "the recording (monetary/non-monetary), summary and analysis of financial and-non financial data for benefit of managers of an organisation" usually to plan, direct, motivate, control and
Rating:Essay Length: 346 Words / 2 PagesSubmitted: September 18, 2011 -
Taxes Enough Already Accounting Agency - Potential Tax Reduction Vehicles
Taxes Enough Already Accounting Agency, LLC MEMORANDUM To: Dee Boss, Vice President, Operations From: Thomas D. Dotson, Sr., Director, Business Department Date: August 29, 2011 RE: Potential Tax Reduction Vehicles There are quite a few taxes that our clients are responsible to pay, and in considering this we need to make them aware that there are several different vehicles that can be utilized in order to reduce their income tax liabilities. We need to encourage
Rating:Essay Length: 497 Words / 2 PagesSubmitted: September 22, 2011 -
Accounting Case
Introduction Accounting as we know it use based on the system of recording known as double entry book keeping. Although accounting did exist before double entry to be widely used, however its appearance has been used rapidly spread across the world. Today it is difficult to imagine accounting without it. It's been claim as the main essential of accounting. It has been so important that, to some extent, its appearance may be also viewed as
Rating:Essay Length: 391 Words / 2 PagesSubmitted: September 25, 2011 -
Accounting Internal Controls
Abstract The author of this paper discusses Internal Controls and how they pertain to a business, the benefits of these controls and the limitations that they have. She also explains how these Internal Controls can be implemented into a professional routine, as well as, the symptoms of a lack of Internal Controls and the problems associated with them. Some missing journal entries and the impact that this may have on your financial statements and your
Rating:Essay Length: 461 Words / 2 PagesSubmitted: September 29, 2011 -
Management Accounting
Manufacturing costs: Direct labour, direct materials, indirect manufacturing costs, manufacturing overheads Look at the break even point in units – topic 4 page 9 There are two cost management systems that could be considered at SGP: Job order costing or process costing, activity-based costing (ABC) for product costing. SGP seems to be using ABC. The manufacturing overhead for SGP having been applied using a single cost allocation cost driver in this case being; direct labour.
Rating:Essay Length: 702 Words / 3 PagesSubmitted: September 30, 2011 -
Managerial Problem Solving
Executive Summary At this juncture, I would like to report the analysis of the reality of managerial and organisational decision-making. The purpose of the report is to provide one with the opportunity to review and analyse the relevance of decision-making models to organisational decision-making using Melia Kuala Lumpur hotel as a case study and generate the solution, then evaluate the alternative solutions, provide suitable recommendations for implementations and to suggest improvements. Obstacles encountered will and
Rating:Essay Length: 4,599 Words / 19 PagesSubmitted: October 2, 2011 -
International Accounting Standards Convergence
One day we don’t have to talk about the story of convergence between International Financial Reporting Standards (“IFRS”) and U.S. GAAP (“GAAP”). I believe that they will be fully converged someday in the future. It is generally assumed that, all standard setters would agree on a single, high-quality accounting standard and it can meet everyone’s need. However, there is also a long road to achieve this ultimate goal. Fortunately, the steps of convergence never stop.
Rating:Essay Length: 446 Words / 2 PagesSubmitted: November 3, 2011