and whether to expand or close manufacturing facilities. 11 Decision Making and Relevant Information C h a p t e r Working Working with managers to make decisions is one of the main functions of the management accountant and an important thrust of this book. The use of accounting information for decision making has been a consistent theme in earlier chapters. In this chapter‚ we focus on specific and common decisions such as accepting or rejecting a one-time-only special order‚
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MANAGEMENT ACCOUNTING Information for Decision-Making and Strategy Execution SIXTH EDITION Anthony A. Atkinson University of Waterloo Robert S. Kaplan Harvard University Ella Mae Matsumura University of Wisconsin–Madison S. Mark Young University of Southern California Boston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto Delhi Mexico City S~ Paulo Sydney Hong Kong Seoul Singapore
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Literacy in accounting Kierra Collins Florida State College of Jacksonville At least once in a life time a person will have to trust another with their financial wellbeing. People such as accountants who take care and manage the money of others. Accountants assist their clients with finical advice and make sure that all of their government work is in order. Others work for big corporations and the take care of their bookkeeping. Accountants have a very difficult job because not only do they have
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between perceived usefulness and attitude is positive and is .50. Also‚ it can be stated for the perceived ease of use and attitude where the strength of the link is .42. We have negative relationship between perceived usefulness and intention and is -0.6. Perceived ease of use and intention is also negative -.23. Attitude and intention are positively related as the numbers prove 1.15. TABLE 29 Regression weights (AMOS) Estimate S.E. C.R. P Label Attitude <--- Perceived Usefulness 1.000 Now
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Introduction Traditionally‚ cash basis of accounting has been used in the public sector; however‚ in recent years extensive debates have emphasised whether a move to accruals basis of accounting would be more feasible. The proponents argue for such a change due to the benefits accruals basis has to offer. There are still heavyweight supporters for cash basis such as IFAC – a body that issued 21 IPSAS based on IMF‚ EU Commission‚ and IFRS / IAS (Jorge Faustino‚ 2008). Moreover‚ there are several organisations
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Exposure Draft Conceptual Framework for Financial Reporting by Islamic Financial Institutions This exposure draft (ED) is published by the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) for comment only. The ED may be modified in the light of the comments received before being issued as a final accounting standard. AAOIFI‚ its committees‚ the authors and the publishers do not accept responsibility for loss caused to any person who acts or refrains from acting
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About Computerised Accounting Abstract: In the economic globalization today‚ instead of computerized accounting manual accounting‚ accounts‚ reimbursement and other accounting activities as the main computing model accounting profession‚ is the modernization of management and accounting reform and development needs of its own‚ is a modern social mass production and the inevitable product of the new technological revolution. Accounting Computerization to the present‚ is not simply a simple combination
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The term of creative accounting refers to select accounting methods for the preparation of financial statement that provide the result desired by the accounting preparers. Especially when the firms are under a financial difficulty‚ the need of creativity would be very apparent because it might be difficult for parties such as auditors‚ with an oversight function‚ to report that the account preparers are doing anything wrong (Deegan‚ 2010). When the economy is moving into recession‚ the most companies
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USEFULNESS OF TRADITIONAL AND NEW PERFORMANCE MEASURES: SOME EVIDENCE FROM NIGERIAN COMPANIES BY DR. (MRS.) S. L. ADEYEMI DEPARTMENT OF BUSINESS ADMINISTRATION UNIVERSITY OF ILORIN ABSTRACT This paper reports the findings of a survey on the usefulness of selected traditional and new performance measures used in some Nigeria companies that have adopted a flexible manufacturing strategy. The results indicate that majority of these companies considered the new performance measures
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A Note on Direct Costs Garrison et al.[1] define direct cost as a cost that can be easily and conveniently traced to a specific cost object. They go on to say that the concept of direct cost extends beyond just direct materials and direct labor. This is a reasonably accurate definition but I think you need a little more information to help you understand how to use this concept. There are certain features of direct costs that I would like to explain with this note. In the problems in Chapter
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