STUDENT NO: …………………………... SEMINAR TUTOR …………………………... Introduction Accounting is concerned with providing both financial and non-financial information that will help decision makers to make good decisions. An understanding of accounting therefore requires an understanding of the decision making process and an awareness of the users of accounting information. The major purposes of accounting are to formulate overall strategies and long-run plans. Resource allocation decisions such
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Financial accounting and management accounting both prepare and analyze financial data. However‚ certain aspects of these two fields are very different. This article discusses the various differences between financial accounting and management accounting. The differing characteristics to be discussed include the users of information‚ the types of information‚ regulatory oversight‚ and frequency of reporting. Users of Information Financial accounting and management accounting provide information
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Waste Minimization Techniques Mike Lancaster Green Chemistry Network Waste Treatment Cost of Waste PREVENT TREAT & DISPOSE DISPOSE Cost of Waste Legislation 1900 2000 1 Waste Minimization Techniques • • • • Prevention is better than cure Get it right at the R&D stage Chemists do not have all the answers! The answer lies within a multi-disciplinary team – – – – – chemists chemical engineers production business health‚ safety‚ environment specialists
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Paper P9 – Management Accounting Financial Strategy Post Exam Guide May 2006 Exam Examiner’s General Comments The performance on Paper P9 was extremely disappointing. Many candidates appeared to have done little preparation. It was noted in the November 2005 Post Exam Guide that many candidates demonstrated poor knowledge of even quite basic financial calculations and that their grasp of many basic concepts was also limited. These weaknesses are still evident in May 2006. A further weakness was the
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solution for managing industrial liquid waste to large and medium sized companies. It will be a business to business service. In recent days environment pollution has become a concerning issue for everyone. Marketing Strategy: The marketing strategy is the core of the main strategy: 1. Emphasize high value‚ high quality products and services. 2. Build a relationship oriented business. 3. Focus on large and medium industries currently producing liquid wastes and polluting rivers severely as our initial
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Mainstreaming environmental management Case studies from Australasian universities David Carpenter School of Resources‚ Environment and Society‚ The Australian National University‚ Canberra‚ Australia‚ and Mainstreaming environmental management 19 Bart Meehan Facilities and Services Division‚ The Australian National University‚ Canberra‚ Australia Keywords Australasia‚ Environmental management strategy‚ Universities Abstract Discusses the extent to which environmental management is considered a mainstream
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National Solid Waste Management Strategy for Zambia September 2004 TABLE OF CONTENTS List of Tables Abbreviations 1.0 iii vi 1 vii Acknowledgements Introduction to the strategy 1.1 BACKGROUND .................................................................................................................................................. 1 1.2 THE OPERATIONAL LEGAL AND REGULATORY FRAMEWORK OF THE STRATEGY ............................................ 2 1.2.1 Waste management Regulations
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1) The standards and rules that are recognized as a general guide for financial reporting are called __________. D. generally accepted accounting principles 2) What is value chain management best defined as? A. All activities associated with providing a product or service 3) These are selected account balances on December 31‚ 2008. Land (location of the corporation’s office building) $150‚000 Land (held for future use) 225‚000 Corporate Office Building 900
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CHAPTER 4 CHANGES FACING MANAGEMENT ACCOUNTANTS IN POSTMODERN TIMES 4.1 INTRODUCTION In seeking answers to typical questions associated with morphogenic change (see paragraph 3.2)‚ it becomes apparent that business‚ and consequently management accountants‚ have been faced by a confluence of forces of change during the past decade. Chapter 3 defined change‚ and more particularly the concept of morphogenic change. The three major drivers of change were discussed in paragraph 3.3‚ namely computer
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Relationship management can be defined as a continuous process of engagement between an organisation and its audience with the aim of creating a partnership between the organisation and its audience . The audience are customers‚ suppliers‚ regulators‚ media‚ and government among others. An argument that relationship management is a waste of resources for organisations may be considered as misleading as relationship management makes the base for sustainable growth. Relationship management also ensures
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