...Financial and Managerial accounting are used for making sound financial decisions about an organization. They provide information of past quantitative financial activities and are useful in making future economic decisions. (Albrecht, Stice, Stice, & Skousen, 2002) The same financial data is used to derive reports for each accounting process yet they differ in some ways. Financial accounting primarily provides external reports for external users such as stock holders, creditors, regulating authority and others. (Garrison, Noreen, & Brewer, 2010) On the other hand Managerial accounting is concern with providing information that deals with the internal viability of the organization and is tailored to meet the needs of an individual organization. (Albrecht, Stice, Stice, & Skousen, 2002) Managerial Accounting addresses those aspects that relates to an individual organization return on investments (ROI). (Albrecht, Stice, Stice, & Skousen, 2002) A company’s profitability depends on periodic attention to its assets turnover and profit margin. This process is designed to support the de... ... middle of paper ... ...egulator or auditor is going to insist that a company implement a good management accounting system. (Garrison, Noreen, & Brewer, 2010) The choice of how to collect and utilize information in a company is strictly management’s decision and is a part of the company’s competitive strategy. Financial and Managerial accounting are used for making sound financial...
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...ACC 202 Week 5 Assignment Final Paper Get Tutorial by Clicking on the link below or Copy Paste Link in Your Browser https://hwguiders.com/downloads/acc-202-week-5-assignment-final-paper/ For More Courses and Exams use this form ( http://hwguiders.com/contact-us/ ) Feel Free to Search your Class through Our Product Categories or From Our Search Bar (http://hwguiders.com/ ) Expand your analysis of a topic covered in chapters 10-16 into a 1 to 2 page APA style paper. Include your assessment of the topics’ application in managerial accounting. Include examples ACC 202 Week 5 Assignment Final Paper Get Tutorial by Clicking on the link below or Copy Paste Link in Your Browser https://hwguiders.com/downloads/acc-202-week-5-assignment-final-paper/ For More Courses and Exams use this form ( http://hwguiders.com/contact-us/ ) Feel Free to Search your Class through Our Product Categories or From Our Search Bar (http://hwguiders.com/ ) Expand your analysis of a topic covered in chapters 10-16 into a 1 to 2 page APA style paper. Include your assessment of the topics’ application in managerial accounting. Include examples ACC 202 Week 5 Assignment Final Paper Get Tutorial by Clicking on the link below or Copy Paste Link in Your Browser https://hwguiders.com/downloads/acc-202-week-5-assignment-final-paper/ For More Courses and Exams use this form ( http://hwguiders.com/contact-us/ ) Feel Free to Search your Class through Our Product Categories...
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...WEEK 2 TEAM ASSIGNMENT CASE STUDY BYP Prepare written responses to the following case study from Ch. 2 of Managerial Accounting: Tools for Business Decision Making: Managerial Analysis BYP 2-2 Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 349 Week 2 Team Assignment Case Study BYP in order to ace their studies. ACC 349 WEEK 2 TEAM ASSIGNMENT CASE STUDY BYP To purchase this visit here: http://www.nerdypupil.com/product/acc-349-week-2-team-assignment-case-study-byp/ Contact us at: nerdypupil@gmail.com ACC 349 WEEK 2 TEAM ASSIGNMENT CASE STUDY BYP Prepare written responses to the following case study from Ch. 2 of Managerial Accounting: Tools for Business Decision Making: Managerial Analysis BYP 2-2 Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 349 Week 2 Team Assignment Case Study BYP in order to ace their studies. ACC 349 WEEK 2 TEAM ASSIGNMENT CASE STUDY BYP To purchase this visit here: http://www.nerdypupil.com/product/acc-349-week-2-team-assignment-case-study-byp/ Contact us at: nerdypupil@gmail.com ACC 349 WEEK 2 TEAM ASSIGNMENT CASE STUDY BYP Prepare written responses to the following case study from Ch. 2 of Managerial Accounting: Tools for Business Decision Making: Managerial Analysis BYP 2-2 Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 349 Week 2 Team Assignment Case Study BYP in order to ace their studies. ACC 349...
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...nerdypupil@gmail.com ACC 349 WEEK 2 TEAM ASSIGNMENT PROBLEMS Prepare written responses to the following problems from Managerial Accounting: Tools for Business Decision Making: Ch. 2 – Problem P2-4A Ch. 3 – Problem P3-3A Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 349 Week 2 Team Assignment Problems in order to ace their studies. ACC 349 WEEK 2 TEAM ASSIGNMENT PROBLEMS To purchase this visit here: http://www.nerdypupil.com/product/acc-349-week-2-team-assignment-problems/ Contact us at: nerdypupil@gmail.com ACC 349 WEEK 2 TEAM ASSIGNMENT PROBLEMS Prepare written responses to the following problems from Managerial Accounting: Tools for Business Decision Making: Ch. 2 – Problem P2-4A Ch. 3 – Problem P3-3A Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 349 Week 2 Team Assignment Problems in order to ace their studies. ACC 349 WEEK 2 TEAM ASSIGNMENT PROBLEMS To purchase this visit here: http://www.nerdypupil.com/product/acc-349-week-2-team-assignment-problems/ Contact us at: nerdypupil@gmail.com ACC 349 WEEK 2 TEAM ASSIGNMENT PROBLEMS Prepare written responses to the following problems from Managerial Accounting: Tools for Business Decision Making: Ch. 2 – Problem P2-4A Ch. 3 – Problem P3-3A Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 349 Week 2 Team Assignment Problems in order to ace their studies. ACC 349 WEEK 2 TEAM...
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...Prepare written responses to the following assignments from Ch. 1 of Managerial Accounting: Tools for Business Decision Making: Exercise E1-7 exercise #7 only Ethics Case BYP 1-7 case #7 only Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 349 Week 1 Individual Assignment BYP in order to ace their studies. ACC 349 WEEK 1 INDIVIDUAL ASSIGNMENT BYP To purchase this visit here: http://www.nerdypupil.com/product/acc-349-week-1-individual-assignment-byp/ Contact us at: nerdypupil@gmail.com ACC 349 WEEK 1 INDIVIDUAL ASSIGNMENT BYP Prepare written responses to the following assignments from Ch. 1 of Managerial Accounting: Tools for Business Decision Making: Exercise E1-7 exercise #7 only Ethics Case BYP 1-7 case #7 only Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 349 Week 1 Individual Assignment BYP in order to ace their studies. ACC 349 WEEK 1 INDIVIDUAL ASSIGNMENT BYP To purchase this visit here: http://www.nerdypupil.com/product/acc-349-week-1-individual-assignment-byp/ Contact us at: nerdypupil@gmail.com ACC 349 WEEK 1 INDIVIDUAL ASSIGNMENT BYP Prepare written responses to the following assignments from Ch. 1 of Managerial Accounting: Tools for Business Decision Making: Exercise E1-7 exercise #7 only Ethics Case BYP 1-7 case #7 only Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 349 Week 1 Individual Assignment BYP in order...
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...Tutorials The tutorials for each of the sections this week was a great eye opener. Especially considering, I did not know not a thing. Well, I take that back, I knew some things but not enough to pass the pre-quizzes. Let’s begin with Economics. I took engineering economy in college as well as economics for my business minor. I would like to get better knowledge in understanding how to determine when goods and services are needed and wanted. It would also help me to focus on money † how it is made, lost, used and misused. I need a clearer understanding of the financial decision-making process and how financial markets function. I would like to be able to interpret financial market prices and interest rates. How to evaluate and form investment strategies is interesting. In the world of finance and investing, I would like to be able to look at stocks. As of now, I only invest in my company’s 401K, which is the only think that is doing well. I have a pretty good insight on accounting from college and personal accounting and budgeting (my checkbook). I would like to be fluent in managerial accounting and auditing. In undergrad, I took Probability and Statistics. Going through the tutorial, it was similar. Did I understand it, no? I know I will need help on the interpretation of results. What is your plan to accomplish that? The only way that I can accomplish what I need or would like to get from each class is to get help and attend as many tutorials and chats discussions...
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...Summary of information on each course/module | |Name of Course/Module |Principles of Management Accounting I | | |Course Code |BAC1054 | | |Status of Subject |Foundation | | |MQF Level/Stage |Bachelor – MQF Level 6 | | |Note : | | | |Certificate – MQF Level 3 | | | |Diploma – MQF Level 4 | | | |Bachelor – MQF Level 6 | | | |Masters – MQF Level 7 | | | |Doctoral – MQF Level 8 | ...
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...[pic] Managerial Accounting BA3201 |Puganeswary Thirumalai Naidu |307254805 |BABHM | |Tan Lian Ping |11001200428010 |BABHM | |Yasmin Lim Binti Mohd.Arifin |307147803 |BBA MKT | |Herry Abubakar Mshihiri |609687502 |BBA IB | Question1 | |Task 1 : Sales and Labour Budgets : University | | | | | | | | | |1 (a) | | | | | ...
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...Executive MBA July 13, 2004 Tentative Syllabus Managerial Perspective on Financial Accounting Accountancy 401X; Fall 2004 Michael J. Sandretto, 225C David Kinley Hall (217) 244-6410 (office); (217) 352-4832 (home, before 10:30 p.m.) sandrett@uiuc.edu or michaeljsandretto@earthlink.net Texts: Antle, Rick, and Stanley J. Garstak, Financial Accounting, Southwestern (United States), second edition, 2004 (Antle). Palepu, Krishna G., Paul M. Healy, and Victor L. Bernard, Business Analysis and Valuation: Using Financial Statements, Text Only, Southwestern (United States), fourth edition, 2004 (Palepu). Background: Accounting is called the language of business for at least two reasons. First, accounting terms such as sales, revenues, profit, net income, costs, gross margin, expense, and capitalize are widely used in business. Any businessperson is expected to understand those terms. Second, managers rely on accounting to understand an organization’s economic condition at a point in time and its economic performance over a period of time. As a result, they use accounting information to communicate with others. Managerial Perspective on Financial Accounting will help you understand publicly available financial statements for publicly traded companies and financial statements prepared for internal use. It is also an introduction to financial statement analysis and valuation methods. The basic financial accounting methodology, double-entry bookkeeping, was first...
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...INTRODUCTION TO MANAGERIAL ECONOMICS Dr. Gong Jie National University of Singapore Why Do We Study Economics People have to “Choose” ♦ Resources are scarce. ♦ There is No Such Thing as Free Lunch! Economics: the science of Rational Choice ♦ Rationality: the basic assumption ♦ Rational Choice: Economic agents use all the information available to make decisions that most efficiently satisfy their needs and achieve stated objectives. ♦ How do people make rational choice? This is the subject of Economics! Paul A. Samuelson’s definition of Economics “Economics is the study of how men and society choose, with or without the use of money, to employ scarce productive resources, which could have alternative uses, to produce various commodities over time and distribute them for consumption, now and in the future, among various people and groups in society.” Managerial Economics Economics ♦ Micro: individual decision maker ♦ Marco: aggregate level Managerial Economics ♦ The study of making decisions in allocating scarce resources to achieve a managerial objective ♦ The application of microeconomics on effective management ♦ Managerial Economics helps managers make rational choice. ♦ Manager in “narrow” sense and in “broad” sense After completing BSP1005, you will be able to: ♦ Thoroughly understand the function of market mechanisms and the interaction among economic agents ♦ Understand how the interplay between cost and demand fundamentals shape the prices that prevail...
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...Tutorial 1: Chapter 1 Due date: 17 Sept 2013, by 4pm (submit to your tutor) 1. The accounting process involves all of the following except: A. identifying economic transactions that are relevant to the business. B. communicating financial information to users by preparing financial reports. C. recording nonquantifiable economic events. D. analyzing and interpreting financial reports. 2. Which of the following would not be considered an external user of accounting data for the XYZ Company? A. Banks B. Management C. Creditors D. Customers 3. A basic assumption of accounting that requires activities of an entity be kept separate from the activities of its owner is referred to as the A. stand alone concept. B. monetary unit assumption. C. corporate form of ownership. D. economic entity assumption. 4. The private board in Malaysia that currently has the authority to establish generally accepted accounting principles is the: A. Malaysian Institute of Certified Public Accountants (MICPA). B. Malaysian Accounting Standards Board (MASB). C. Malaysian Institute of Accountants (MIA). D. Chartered Institute of Management Accountants (CIMA). 5. The two most common specialized fields of accounting in practice are: A. financial accounting and environmental accounting B. managerial accounting and accounting systems C. managerial accounting and...
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...MGT 521 WEEK 5 To purchase this visit here: http://www.activitymode.com/product/mgt-521-week-5/ Contact us at: SUPPORT@ACTIVITYMODE.COM MGT 521 WEEK 5 Your manager tells you about a new department the company will be adding that is part of the company’s strategic plan to enter a particular market segment. Your manager would like you to manage one of the teams in this new department. Your manager has put together the team you will be managing. Your new team consists of the members of your current Learning Team. To be successful in the new market segment, your team must efficiently accomplish the goals set by the company. Your manager, therefore, would like you to develop a leadership approach for each team member on your team based on the theories of leadership and each member’s individual personalities. Write a memo to your manager of no more than 1,400 words in which you explain how you plan to successfully lead your team. Include the following: Evaluate the individuals, including yourself, based on the personality assessment. Evaluate the situation in terms of urgency, culture, and so forth. Determine leadership approaches, based on individuals and the situation. Highlight the principles you have applied from various leadership theories. Format your memo consistent with APA guidelines. Click the Assignment Files tab to submit your assignment 2- Your Learning Team is a team of managers of a customer call center for timeshare vacations. Discuss, with...
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...Week 3 Team Assignment Interview of a Social Service Agency on Their Use of Mediation BSHS 441 Week 3 DQ 1 BSHS 441 Week 3 DQ 2 BSHS 441 Week 4 Individual Assignment Paper Based on Literature Review BSHS 441 week 4 Team Assignment Interview With a Social Services Lobbyist BSHS 441 Week 4 DQ 1 BSHS 441 Week 4 DQ 2 BSHS 441 Week 5 Individual Quiz BSHS 441 Week 5 Team Assignment Presentation on the Use of Mediation within an Agency Setting BSHS 441 Week 5 DQ 1 BSHS 441 Week 5 DQ 2 Activity mode aims to provide quality study notes and tutorials to the students of BSHS 441 ENTIRE COURSE in order to ace their studies. Activity mode, BSHS 441 ENTIRE COURSE, Home Work Tutorials, Home Work Solutions, Home Work Essay, Home Work Questions.ACC 565 Wk 7 Assignment 3, ACC403 week 2 assignment, ACC565 Week 10, ACCT 212 (Financial Accounting), ACCT 344 (Entire Course) - Devry, ACCT 344 Final Exam Latest 2014 - Devry, ACCT 346 (Managerial Accounting), ACCT 346 Midterm Exam Updated DeVry, ACCT 504, ACCT 504 Week 8, ACCT 553, ART 101 Week 8, Ashford BUS 401, ASHFORD BUS 640, Ashford HIS 204, ASHFORD MAT 222 Week 3, BA 215 (Business Statistics), BA 215 All Assignments Week 1 -8 - Grantham, BA 225, BA 260, BA 265 (Business...
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...1 BUSI 1005 Management Accounting for Business Students Winter 2012 _______________________________Section________________________ D E F G H Instructor Time Day From To Raili Pollanen W/F 10:05 11:25 AT 101 Raili Pollanen DT 820 520-2600 x 2376 raili_pollanen@ carleton.ca TBA Garth Sheriff M/W 13:05 14:25 TB 340 Hilary Becker M/W 16:05 17:25 TB 342 Garth Sheriff DT 801 520-2600 x 2030 garth_sheriff@ carleton.ca TBA Garth Sheriff M/W 10:05 11:25 TB 340 Hilary Becker W/F 10:05 11:25 TB 208 Hilary Becker DT 828 520-2600 x 3717 hilary_becker@ carleton.ca TBA Location Instructor Office Telephone E-mail Office Hrs Course description & objectives This course examines how accounting information is used within organizations to plan, monitor and control. Managers in all functional areas, whether they like it or not, will have to deal with the management accounting system of the organization they work for. Better the devil that you know than the devil you don’t know. The purpose of this course is therefore to ensure you have a basic understanding of how such systems operate, the language it uses, and its limitations. Prerequisite BUSI 1004, with a grade of D- or better. Restricted to students registered in the Bachelor of Commerce or BIB programs. The School of Business enforces all prerequisites. This course is a prerequisite to: 1. BUSI 2001 (with a grade of C or higher) 2. BUSI 2504 (with a grade of D- or higher) 3. BUSI 2505 (with a grade of C or higher) 4. BUSI 3008 (with...
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...3 Team Assignment Interview of a Social Service Agency on Their Use of Mediation BSHS 441 Week 3 DQ 1 BSHS 441 Week 3 DQ 2 BSHS 441 Week 4 Individual Assignment Paper Based on Literature Review BSHS 441 week 4 Team Assignment Interview With a Social Services Lobbyist BSHS 441 Week 4 DQ 1 BSHS 441 Week 4 DQ 2 BSHS 441 Week 5 Individual Quiz BSHS 441 Week 5 Team Assignment Presentation on the Use of Mediation within an Agency Setting BSHS 441 Week 5 DQ 1 BSHS 441 Week 5 DQ 2 Activity mode aims to provide quality study notes and tutorials to the students of BSHS 441 COMPLETE COURSE in order to ace their studies. Activity mode, BSHS 441 COMPLETE COURSE, Home Work Tutorials, Home Work Solutions, Home Work Essay, Home Work Questions.ACC 565 Wk 7 Assignment 3, ACC403 week 2 assignment, ACC565 Week 10, ACCT 212 (Financial Accounting), ACCT 344 (Entire Course) - Devry, ACCT 344 Final Exam Latest 2014 - Devry, ACCT 346 (Managerial Accounting), ACCT 346 Midterm Exam Updated DeVry, ACCT 504, ACCT 504 Week 8, ACCT 553, ART 101 Week 8, Ashford BUS 401, ASHFORD BUS 640, Ashford HIS 204, ASHFORD MAT 222 Week 3, BA 215 (Business Statistics), BA 215 All Assignments Week 1 -8 - Grantham, BA 225, BA 260, BA 265...
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