Handbook of Management Accounting Research Volume 3 Edited by CHRISTOPHER S. CHAPMAN Imperial College London, UK ANTHONY G. HOPWOOD University of Oxford, UK MICHAEL D. SHIELDS Michigan State University, USA AMSTERDAM – BOSTON – HEIDELBERG – LONDON – NEW YORK – OXFORD PARIS – SAN DIEGO – SAN FRANCISCO – SINGAPORE – SYDNEY – TOKYO Elsevier The Boulevard, Langford Lane, Kidlington, Oxford OX5 1GB, UK First edition 2009 Copyright © 2009 Elsevier Ltd. All rights reserved No part of
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Accounting Systems Jeremy Void BSA 310 August 27,2012 Ivon Young Accounting Systems These days it is especially important to pay attention to details when it comes to deciding if your accounting system is providing the kind of information that may be required of you to produce. I think legal requirements and government regulations are becoming more demanding as to what they expect to see if someone such as the I.R.S. were to show up and ask for an audit. I would like to talk a little
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ACCOUNTING FRAUDS CONTENTS WHAT ARE FRAUDS? | WHAT ARE ACCOUNTING FRAUDS? | NOTABLE FRAUDS | NOTABLE OUTCOMES | MANIPULATION & FALSIFICATION OF RECORDS | MISAPPROPRIATION OF CASH BALANCES | MISAPPROPRIATION OF GOODS | TEEMING & LADING | WINDOW DRESSING | SECRET RESERVES | ENRON FRAUD | WORLDCOM FRAUD | WHAT ARE FRAUDS ??? FRAUDS AND THEIR CHARACTERISTICS Misstatements in the financial statements can arise from fraud. In criminal law, a fraud is an intentional
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Cookies: Accounting Systems to Determine Product Costs ACC 561 5 May 2011 Cookies: Accounting Systems to Determine Product Costs Every company in the world is either selling something for a profit or on its way to going out of business. Successful businesses will “cost” their products or services to determine the best business mix while continuously striving for sustained optimization or improvement. This includes but is not limited to production methods, labor, quantity determinations
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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
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Sustainability and Ethics in Accounting : Waste Management Inc. Accounting Fraud The Business Dictionary defines "ethics" as the basic concepts and fundamental principles of decent human conduct. Most definitions agree with this one ; however, these principles are subject to personal and societal points of view that might differ depending on the context and individuals. Due to this subjectivity, codes of conduct have been created to ensure the application of discipline and morality not only personally
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GAAP to IFRS May Mean for Investors Read more: http://www.foxbusiness.com/personal-finance/2011/11/28/what-switch-from-gaap-to-ifrs-may-mean-for-investors/#ixzz1t7Fuj1U9 The convergence between IFRS and GAAP has been a hot topic in the world of accounting. From defining the difference between adoption and convergence, when should the US adopt to IFRS, how should the US do it, what’s the impact for public company and private company, and the list go on and on. This article in Fox Business discusses
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Management and Financial Accounting The role of management accounting Management accounting differs from financial accounting in many respects: * Primary users * Management accounting information: managers, employees, supply chain partners * Financial accounting information: owners or stockholders, lenders, customers, government agencies * Report format * Management accounting: flexible format, driven by user’s needs * Financial accounting: based on generally accepted
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Computerized Accounting Computerized Accounting Over the past two decades the way accounting data is entered, stored and processed has changed considerably. This is due to the introduction of computerized accounting packages. It is no longer necessary for large companies to have huge store rooms full of ledgers and records. Instead all information can be stored in computer hard disks. Accounting packages give many advantages over manual systems, for example entries do not have
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CHAPTER 1 QUESTIONS 1. The function of cost accounting is to provide the cost accounting information that is the basis for planning and controlling current and future operations. It provides the cost figures and analyses that management needs in order to find the most efficient methods of operating, achieving control of costs, and determining selling prices. 2. Originally issued for companies marketing products in Europe, a set of international standards for quality management
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