Administration- MBA Semester 1 MB0041 – Financial And Management Accounting - 4 Credits (Book ID: B1624) Assignment Set - 1 (60 Marks) Note: Each question carries 10 Marks. Answer all the questions. 1. Explain the process involved in accounting. 2. The salaries paid in 2004 is Rs. 5‚00‚000; Salaries outstanding is Rs. 20‚000; Salaries paid in advance for 2004 is Rs. 30‚000. What is the actual salary expenditure for 2004? Which accounting principle is involved in this and explain that principle
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Managerial Accounting Overview BA 115 Management Accounting Measures‚ analyzes‚ and reports financial and non financial information non-financial that helps managers make decisions to fulfill the goals of an organization organization. Activity IFRS/IAS-based Financial Reports Generally‚ cannot be used for the day-to-day d t d goals of the managers. Financial vs Managerial Acctg MANAGERIAL Primary users Focus and emphasis Rules of measurement and reporting Level of detail Managers
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1.1 PRINCIPLES OF MANAGEMENT 1. “The managers of tomorrow will not be a bigger man than his father was before him.” – Critically analyse this statement and discuss the tasks expected to be performed by future managers to effectively deal with management challenges. 2. Identify four corporate social responsibility initiatives adopted by corporates which you are familiar with. Pg 102 3. “More centralization and decentralization are not advisable” – Do you agree or disagree? Justify. Suggest
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Theory. [online] Available at: Atrill‚ P. and McLaney‚ E.‚ 2011. Accounting and Finance for Non-Specialists. 7th Edition. Financial Times: Prentice Hall. Turton‚ A. Workshop 4‚ PGBM12 Accounting and Financial Management. University of Sunderland‚ unpublished. Turton‚ A. Workshop 8‚ PGBM12 Accounting and Financial Management. University of Sunderland‚ unpublished. Turton‚ A. Workshop 10‚ PGBM12 Accounting and Financial Management. University of Sunderland‚ unpublished. The Institute of Chartered
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Coursework title: Evolution of Management Accounting discipline and its relationship with other functions in organizations The four standards of ethical conduct for management accountants as advanced by the institute of management accountants Competence Confidentiality Integrity Objectivity I NEED SOMEONE TO HELP WITH MY COURSEWORK BECAUSE I DONT UNDERSTAND IT AND I NEED HELP ASAP BECAUSE ITS DUE NEXT WEEK Evolution of Management Accounting discipline and its relationship
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to managerial accounting (n.d.) has shown that the Institute of Management Accountants describes managerial accounting supports the decision making process through planning and controlling operations. Planning primarily appears in the budgeting process and Controlling occurs when managers compare actual performance with budgeted amounts to identify differences and then act upon differences that appear to be significant. For example‚ manufacturing companies use management accounting techniques to
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Paper Deficiëntievak Advanced Management Accounting Paper Advanced Management Accounting Personalia Titel: Status: Advanced Management Accounting Openbaar Naam Student: Studienummer: Adres: Roland Tjoeng N.v.t. Poelhekkestraat 12 3532 CN Utrecht Telefoon: E-mail: 06 28 78 37 92 RolandTjoeng@Gmail.com Instelling Universiteit van Amsterdam Amsterdam Business School Begeleider: Drs. Maarten Schulp (m.schulp@uva.nl) Periode: Augustus 2010 Augustus 2010 1
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Summary of: The Evolution of Management Accounting by Robert S. Kaplan Almost all cost accounting practices currently in use had been developed by 1925. Over the last sixty years there has been considerable changes in the nature of the business environment. Despite this fact‚ there has been little change in designing and putting into action most cost accounting and management control procedures. For this reason it is pertinent for those in the business field to fully understand the source of
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Scope of Management Accounting Learning Objective: Define and explain the distinguishing features of management accounting. Explain the concept of cost accounting and cost object Differentiate between data and information List the type of information needed * last page Identify and explain the elements of useful information Explain the concept of financial (and non-financial) information and its limitations Differentiate between management accounting and financial accounting. List the
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Middle School Book Report Format Thesis idea: This book is unique - Do not use the word “unique” anywhere in the report. Use your thesaurus to find a better word! Paragraph Order: 1. 2. 3. 4. 5. 6. Introduction Setting Characters Plot Plot Resolution Conclusion Paragraph Description: I. The introduction contains the thesis idea. II. The setting describes the time period and location. III. The section on characters mentions minor groups of characters but
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