...UNIVERSITY OF EDUCATION, WINNEBA (COLLEGE OF TECHNOLGY EDUCATION, KUMASI) IMPROVING THE PERFORMANCE OF SECOND YEAR ACCOUNTING STUDENTS’ IN DOUBLE ENTRY PRINCIPLES THROUGH PARTICIPATORY METHODS OF TEACHING AND LEARNING: USING POPE JOHN SENIOR HIGH SCHOOL AND MINOR SEMINARY, KOFOFIDUA AS A CASE STUDY URIAH- ACQUAH PANFORD JUNE, 2015 IMPROVING THE PERFORMANCE OF SECOND YEAR ACCOUNTING STUDENTS’ IN DOUBLE ENTRY PRINCIPLES THROUGH PARTICIPATORY METHODS OF TEACHING AND LEARNING: USING POPE JOHN SENIOR HIGH SCHOOL AND MINOR SEMINARY KOFOFIDUA, AS A CASE STUDY BY URIAH- ACQUAH PANFORD (4121010023) A PROJECT REPORT PRESENTED TO THE DEPARTMENT OF ACCOUNTING STUDIES EDUCATION, AT THEUNIVERSITY OF EDUCATION, WINNEBA IN PARTIAL FULFILMENT OF THE REQUIREMENTS FOR THEAWARD OF BACHELOR OF SCIENCE EDUCATION DEGEE IN ACCOUNTING STUDIES JUNE, 2015 ACKNOWLEDGEMENT I wish to express my heartfelt appreciation to Mr. Frank Yao Gbadago, a lecturer ine department of Accounting Studies Education of the University of Education, Winneba, Kumasi Campus for his guidance and directions in writing this action research report. To Mr. Imoro Musah Daniel, what would...
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...Budgeting Albert Salcido BUS 630 Managerial Accounting Professor John Kuhn August 13, 2012 Budgeting How do companies stay afloat while they are spending money and it appears that no money is coming in? Every year companies have dedicated departments that are looking at what is called a Master Budget for every part of the company. Many managers are retrieving records or historical data to help set the budget in their areas. “A budget is a quantitative plan for acquiring and using resources over a specified time period” (Noreen, 2010, p. 288). Many individuals across America have and live by an annual budget that they set for themselves each year. Budgets can be very difficult and tiresome to build each year but they have to be done. Once a budget is established by the manager or the company, it is used to compare spending that is occurring through-out the year (Noreen, 2010) Even though budgets are not always accurate, managers use budgets to help operate a company efficiently because they coordinate work operations, and they help communicate managements plans. Planning the Budget First, managers use budgets to help operate a company efficiently because they coordinate work operations. According to Noreen (2010) “Budgets are used for two distinct purposes-planning and control (Noreen, 2010). A company set goals with budget in mind and then the budgets are used to achieve these goals. The first stage of the budget is to plan for what is going to happen for the...
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...Title: Role of accounting on business behaviors impacted by tax changes in Malaysia Justification There are many factors influence the changes of accounting importance where the role of accounting evolves along with the business changes affected by these factors. One of the factors that affect role of accounting in business field is tax. In Malaysia, Tax is generally divided into 2 types which are direct and indirect tax. Direct tax can be defined as tax which is imposed straight to the taxpayer. In short, the payment of tax is between taxpayer towards government. Examples of direct tax are income tax from employee salary, corporation tax, property tax, and etc. Meanwhile, indirect tax is a type of charge that can be transferred to the other person. A good example of indirect tax is restaurant that collect tax charge of the food’s sold from the customer (sales tax). Other examples of indirect tax are custom duty, central excise duty, and service tax). In brief, the history of Malaysia tax was started with more dependency towards indirect tax where establishment of direct tax has only started to take effect from 1 January 1948. This establishment has changed the trend of Malaysia tax which depends more and more on direct tax until today. In 2009 itself, government revenue has grown to 48.6% from direct tax. The urgency of understanding changes in accounting role due to tax, become important because of several reasons. Firstly, as the globalization of the economy develops...
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...Introduction The audit expectation gap has been in existence for decades; it was first introduced during the early 1970’s. Collective evidence has gradually shown the existence of the expectation gap. Researchers, Salehi, Ali, Kandasamy, Ojo, Epstein, Geiger, Pierce, Kilcommins, Humphrey, Adeyemi, Uadiale, Monroe, Woodcliff, Jennings, Porter, Sikka, Hassas-Yeganeh , Khaleghi, Dixon, Woodhead, Frank, Lowe, and Smith, have continued to investigate the existence of the expectation gap and its complications. The audit expectation gap exists when the public user and auditors have different beliefs about what an auditor’s responsibility should be. In the past few years, auditors have been unwillingly placed in the spotlight. The expectation gap has affected and deteriorated accountants’ credibility. The reason to this is that public users have expectations from auditors, for example, Salehi says, “the primary responsibility of an auditor is to verify whether the financial statements exhibit a true and fair view of state of affair of the business and their secondary responsibility is the prevention and detection of errors and frauds” (Salehi 2008, p. 65). These expectations by the public users increase the legal liability and credibility facing the audit profession (Ojo, 2006), and lastly, it lowers their earning potrantion and reputation associated with the work of auditors (Lee, Ali & Kandasamy 2008). Yet, the profession have been trying to decrease the disparity (Epstein and...
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...Chapter 1: Statement of the Problem & Review of Related Literature INTRODUCTION The Bachelor of Science in Accounting Technology (BSAT) is a program that prepares students for a career in the accounting and finance divisions of organizations in the private and public sectors. The accounting courses in the program, combined with business management courses, equip students with the needed skills, proficiency, and intellectual abilities to lead successful careers. But, unlike Accountancy, BSAT is a non-board course. However, the graduates of the said program can take the Certified Accounting Technician (CAT) Examination for license. This study aims to determine the reasons and causes why BSA students end up getting BSAT degree instead of Accountancy degree. We, researchers, will investigate on the factors affecting the students focus in studying. We will be conducting survey in the form of questionnaires and interviews with 3rd year and 4th year BSAT students of Araullo University – Phinma Education Network. There are many factors that affect a BSA student to fail: his abilities, his interest in the course, the teaching method, the classroom, lack of personal direction, pressure from parents or peers, laziness, lack of confidence, family or relationship problems. Another factor that is going to be stressed out in our study is the retention policy being imposed in the accountancy program. It will be explained here how this policy affect each and every BSA student; what...
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...rather than hypothetical situations using a quasi-experimental design with two student groups. A ‘quasi-experiment’ is an observational study in which the subjects to be observed are not randomly assigned to different groups in order to control the assignment to the treatment condition. Throughout the abstract and introduction, the researchers provided several arguments to establish the significance of their study. The main arguments were that honest reporting under anonymous conditions suggests that students have internalized ethical values toward honest reporting and that individuals who report honestly even when anonymous are more likely to have internalized ethical values toward honest reporting. The title of the article is strong and the research topic is valid; it clearly shows the purpose of the article is some kind of experiment or observation that discusses the impact of ethics education in regards to reporting information. The article effectively discusses the need for more ethical accountants when it cites previous articles from Desplaces (2007) & Swanson and Frederick (2001-2002) that discuss previous widely publicized accounting scandals. To a good extent the abstract of the article was representative of the experiment, and in the correct form. Any reader can understand the overall purpose and method of the study. Moreover, the purpose and outline of the study were made clear in the introduction....
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...Go to the web site of FASB at fasb.org Answer the following questions: What are the names of the Board members? What is the mission statement of the Board? List the items that the Board is currently considering. Currently there are seven members of the Financial Accounting Standards Board: Russell G. Golden, Chairman, James L. Kroeker, Vice Chairman, Daryl E. Buck, Board Member, Thomas J. Linsmeier, Board Member, R. Harold Schroeder, Board Member, Marc A. Siegel, Board Member, Lawrence W. Smith, Board Member. Russell G. Golden, Chairman: Mr. Golden has just accepted the Chairman position for seventh consecutive term. Mr. Golden brings expertise from the technical side, as he was the Technical Director of the FASB and also director of the FASB’s Emerging Issues Task Force (EITF). Mr. Golden received his Bachelor’s Degree from Washington State University. He is also a licensed CPA in two states: Washington and Connecticut. James L. Kroeker, Vice Chairman: Mr. Kroeker is the boards most recent appointee as he accepted the position of a member and Vice Chairman on September 1,2013. Mr. Kroeker joins FASB following Deloitte and a position of Chief Accountant of the Securities and Exchange Commission. Mr. Kroeker received his Bachelor’s Degree from University of Nebraska. Daryl E. Buck, Board Member: Mr. Buck joined the FASB in 2011. In 2011, the FASB expanded the board from five to seven members. This became effective by the appointment of Mr. Buck. Mr. Buck...
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...position; b. Nerve center: Managers need (formal and informal) information to support their decisional, interpersonal and informational roles – manager’s position; c. Accounting symbolism: MACS are used in a ceremonial way: more symbolic than functionalistic. Can be used either to influence or persuade (offensively) or to a posteori justify decisions (defensively) – accounting’s position; d. Labor process: MACS are used to weaken and exploit workers (managers can both be victims and users of MACS) – workers’ position; e. Dialectic controls: Historical analysis and evolution / change based on tensions amongst organizational elements – managers and workers’ position. 2. Understand two typologies about Management Control Research. a. The three paradigms proposed by Chua (1986) and their main characteristics. Dialectic controls Labor process Nerve center Agency theory Symbolism Slides 15+16 Slides 17+18 Slides 13+14 See also three alternative approaches (attached) and DEBATE (lecture 1) Mainstream accounting research – Standard in USA, dominates PhD and Master programs and academic journals. Interpretive research – Describe, understand and interpret the meanings that human actors apply to accounting information. Critical research – Does not belief in a neutral view of the uses of accounting (often...
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...Cost Accounting Tabitha Smith ACC 310 Christine Errico January 12, 2011 Cost Accounting What is cost accounting? Cost accounting as referred to as managerial accounting is a system of accounting used specifically by managers (Lanen, Anderson, & Maher, 2011, p. 6). Cost accounting measures, records and reports information about costs to help managers to form a well informed decisions for an organization (Lanen, Anderson, & Maher, 2011, p. 6). Cost accounting methods and their use, budgets including discipline, construction, and elements, and variance analysis are important aspects of cost accounting as a whole, which is an important tool for a successful organization. The main goal of cost accounting is to help managers to maximize value within their organization (Lanen, Anderson, & Maher, 2011, p. 3). One of the fundamental services of cost accounting is to provide information to the manager to guide them to make effective valuable decisions (Lanen, Anderson, & Maher, 2011, p. 3). An essential objective of cost accounting is to create an effective value chain (Lanen, Anderson, & Maher, 2011, p. 4). A value chain is a set of activities in which raw materials are converted into goods and services for consumers to purchase (Lanen, Anderson, & Maher, 2011, p. 4). An organization is responsible to coordinate with their vendors and suppliers along with their distributors and customers to accomplish their objective (Lanen, Anderson...
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...Questions 1. Research in general involves the investigation and analysis of an issue in question. The researcher usually applies reasonable and reflective thinking to develop an answer to the issue or problem at hand. Research requires a clear definition of the problem, using professional databases to search the authoritative literature, reviewing and evaluating the data collected, drawing conclusions and communicating your results. 2. Accounting, auditing, or tax research involve a systematic and logical investigation of an issue or problem using the accountant’s professional judgment. Furthermore, accountants approach this problem using critical-thinking skills to obtain and document evidence underlying a conclusion relating to an issue or problem currently confronting the accountant or auditor. 3. Accounting, auditing, or tax research are necessary in order to determine the proper recording, classification, and disclosure of economic events; to determine compliance with authoritative pronouncements; or to determine the preferability of alternative accounting procedures. 4. The objective of accounting, auditing, or tax research is a systematic investigation of an issue or problem utilizing the researcher’s professional judgment to arrive at appropriate and timely conclusions regarding the issues at hand. 5. Research plays an important role within an accounting firm or department. It is critical for the accountant/auditor to be able to find and locate applicable...
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...Dear Sir/Madam, I was inspired by a speech by the famous financial researcher and commenter Larry H.P. Lang, who is well known for his critical and incisive remarks in China. Combined with the thought to apply my mathematical skills to my best advantage, I took accounting and finance as my undergraduate subject. Little as I knew about this subject at that time, now I have been able to learn that accounting and finance courses in the UK has an inclusive structure, incorporating theories and techniques from accounting, management through to behavioral science and quantitative finance. I believe this course can equip graduates with the multiple skills relevant for working in either the finance industry, or companies, or accounting firms. Therefore, I would like to further my knowledge and experience in accounting and finance at the postgraduate level, with a view to opening many more doors for my future career. By studying for the master’s course, I expect to further improve my understanding of and hands-on skills in financial reporting, corporate finance and quantitative finance, as well as building the ability to analyze and handle financial affairs from the management level. This is due to my aspiration to start my career as a financial practitioner, preferably working at the financial department of a large scale company and contributing to making the right financial decisions. My ultimate career goal is to be a successful Chief Financial Officer. My home country of China...
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...REQUIREMENTS FOR THE DEGREE OF MASTER OF BUSINESS ADMINISTRATION OCTOBER 2008 Approval of the Graduate School of Social Sciences Prof. Dr.Sencer Ayata Director I certify that this thesis satisfies all the requirements as a thesis for the degree of Master of Business Administration. Prof. Dr.Cengiz Erol Head of Department This is to certify that we have read this thesis and that in our opinion it is fully adequate, in scope and quality, as a thesis for the degree of Master of Business Administration Prof. F. N. Can Şımga-Muğan Supervisor Examining Committee Members Assoc. Prof. Zeynep Önder Prof. F. N. Can Şımga-Muğan (BILKENT UNIVERSITY, BA) (METU, BA) Assist. Prof. Engin Küçükkaya (METU, BA) I hereby declare that all information in this document has been obtained and presented in accordance with academic rules and ethical conduct. I also declare that, as required by these rules and conduct, I have fully cited and referenced all material and results that are not original to this work. Name, Last name : Fatma, Aksoy Signature : iii ABSTRACT THE INFORMATION CONTENT OF EARNINGS AND SYSTEMATIC RISK IN CHANGING ECONOMIC CONJECTURE: THE TURKISH CASE Aksoy, Fatma M.B.A., Department of Business Administration Supervisor : Prof. Dr. F. N. Can Şımga-Muğan October 2008, 73 pages This thesis analyses the information content of inflation adjusted financial statements for investors and the informational value of accounting earnings and systematic risk in...
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...Cheating in the Digital Age: Do Students Cheat More in Online Courses? Honz, K., Kiewra, K. A., & Yang, Y.-S. (2010). Mid-Western Educational Researcher. Cheating Perceptions and Prevalence across Academic Settings, 8. Hughes, J. C. (2012, spring). Academic Integrity in Canadian Higher Education. Retrieved from www.uwo.ca: http://www.uwo.ca/tsc/resources/publications/newsletter/selected_articles/academic_integrity.html Jason M. Stephens, V. R. (,2010). International Journal for Educational Integrity. Academic motivation and misconduct in two cultures, vol 6. Kelly de Lambert, N. E. (2006). Assessment & Evaluation in Higher Education. Chalkface challenges: a study of academic dishonesty amongst students. McCabe, D. L. (2005). internation journal for educational integrity. Cheating among college and university students: A North American perspective. MOHAMMED RAWWAS, Z. S. (2007). Journal of Education for Business. A Comparative Study of Ethical Beliefs of Master of Business Administration. Parker, S. (2014). teach. The Surprising Reasons Kids Cheat in School. Shahid Beheshti, M. J. (2013). International Research in Education. A Comparative Study of Attitudes of Academic Staffs. Soheila Mirshekary, A. M. (n.d.). Academic and Business Dishonesty. Academic and Business Dishonesty: A Comparison of Iranian and Australian Accounting Students. Swaidan, Z. A. (2009). Academic dishonesty across cultures review and research agenda. review of business research . Wideman, M. A...
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...According to researchers, coping strategies refer to the specific efforts, both behavioural and psychological, that students employ to master, tolerate, reduce, or minimize stressful events. It shows that there are common coping mechanisms or strategies that accounting students normally use: Humor–pointing out the amusing aspects of the problem at hand, or "positive reframing," is thought to help deal with small failures. Seeking support–asking for help, or finding emotional support from family members or friends can be an effective way of maintaining emotional health during a stressful period. Problem-solving–is an instrumental coping mechanism that aims to locate the source of the problem and determine solutions. This coping mechanism is often helpful in work situations. Relaxation–engaging in relaxing activities, or–regular exercise, such as running, or team sports, is a good...
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...Codification Exercise As we have discussed, the Accounting Standards Codification (ASC) is a relatively recent addition to an accounting professional’s toolkit. You will access and employ this platform as a normal part of your studies and in the profession in the days ahead. This assignment is intended to help you to become familiar with this important new platform and to enable you to become better aware of the recent “Revenue Recognition” standard that was discussed briefly earlier in the semester. As a professional on the job, your firm will pay big $$$ for a subscription to the Professional View. Rider has paid for your ability as student to use the information below to access the Codification website: http://aaahq.org/ascLogin.cfm Use the following user name and password: User ID AAA51248 Password s33UYhH This assignment is designed to provide you with a baseline familiarity with the ASC and the terminology associated with the new Revenue Recognition pronouncement. Required: 1. Access the ASC with the user name/password information above and click on the “Help” link for the site. Explore the suggested strategies that may be employed for “searching” ASC content. Describe more specifically how information in the ASC may be identified and retrieved through the use of “Codification Reference” terminology. Starting with the term “Topic,” identify as well the categories that a researcher could “drill down to” through the use of reference...
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