THE PHILIPPINES – MANILA College of Arts and Sciences Masters of Management COURSE SYLLABUS ON BM220 MANAGEMENT ACCOUNTING AND CONTROL (except from PROF. LUIS Q. TRINIDAD) COURSE DESCRIPTION This course cover: the study of accounting concepts and techniques to control costs and reduce risks; a study of the framework for measuring management performance; the application of accounting tools for evolving financial management policies; and understanding of financial tools to aid in decision
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university’s policies‚ standard operating procedures (SOP)‚ rules and regulations. In tandem with the abovementioned background‚ The researcher will focus and emphasize the effectiveness of that particular decision towards the competencies of top management of the Graduate School of Business (GSB)‚ in handling any behavioral issues related to the financial activities. As we know‚ a good and positive ethical behavior will do so much good to any institutions and can grow its operation to great heights
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1.0 Introduction Management accounting is the application of professional knowledge and skill in the preparation of accounting information in such a way as to control the operations of an undertaking. It is the presentation of accounting information in such a way as to assist management in the creation of policy for the day-to-day operation of an undertaking as it provides information needed by managers to determine how resources should be obtained and used. It includes the methods and concepts
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Strategy Boeing Corporate-level Strategies Analysis and Recommendation Modified parts are underlined Two main business units of Boeing are “Boeing commercial airplanes and Boeing defence‚ space & security‚ in which the products and modified services are based on providing commercial and military aircrafts‚ satellites‚ weapons‚ electronic and defence systems‚ launch systems‚ advanced information and communication systems‚ and performance-based logistics and training”(Boeing‚ 2013). “Boeing is also
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understanding of the scope and purposes of management accounting and the concepts which underpinned it was summarized by the International Federation of Accountants (IFAC) in a statement. Later on in 1998‚ the statement was revised and released as Management Accounting Concepts – Number 1 in the series of International Management Accounting Practice Statements. The purpose of this article is to explain the IFAC’s perspective of the change in management accounting. This can be justified by the author when
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Summary of Pushing the Art of Management Accounting Hui (Steven) Zhang Trinity Western University Instructor: Brent Groen iMBA 521 Management Accounting Nov 18th‚ 2013 Summary of Pushing the Art of Management Accounting In this article “Pushing the Art of Management Accounting”‚ Alexander Mersereau discusses the bottleneck of the development of management accounting practice. He not only points out the core problem of the bottleneck through vivid metaphor‚ but also gives several
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Boeing-Case Study ase Study- Problems at Perrier (Chapter 6‚ pg 183) 1. Identify the key elements of the resistance to change described in this situation. The key elements of the resistance to change described in the Perrier case are: Lack of communication and the companies inability to inform the employees of what changes affected production at Perrier‚ the company made excessive changes‚ the company introduces a series of changes and the people felt the changes were unnecessary‚ and they
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STRATEGIC MANAGEMENT ACCOUNTING STUDY GUIDE 4.1 Case Study Part 1: Renewable energy product lines Case Study Part 2: Using the conventional ABC approach to assign indirect manufacturing costs Case Study Part 3: Using the TDABC approach to assign indirect manufacturing costs Case Study Part 4: Identifying the target cost per unit Case Study Part 5: Reassessing the allocation of indirect manufacturing costs for the Solarheat 1 Case Study Part 6: BPM and the Solarheat 1 manufacturing
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Accounting Irregularity Analysis Issue: Zale Corporation is a jewelry retailer with headquarters in Irving‚ Texas. Zale’s common stock is registered with the United States Securities and Exchange Commission and trades on the New York Stock Exchange under the symbol “ZLC”. Zale misstated financial reports for the fiscal years ended July 31‚ 2004 through 2008‚ and for fiscal quarters ended October 31‚ 2008‚ January 31‚ 2009 and April 30‚ 2009. The misstatement resulted from recording television advertising
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John Martin August 2‚ 2011 Accounting 521 Term Project Management Accounting in an Amoeba Management Profit Center Setting Introduction A profit center is a when a responsibility center’s performance is measured in terms of a profit. Both departmental revenue and costs are accounted for. The resulting profit (or loss) directly affects the bottom line of a company’s overall financial performance. Any department‚ division‚ business unit‚ etc. within an organization’s structure can be designated‚ structured
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