Module 1 discussion
Managerial vs. Financial Accounting
Let us explore the differences between financial and
managerial accounting. Financial accounting is rule-oriented, since the
information is used to communicate with third parties. Managerial accounting,
on the other hand, is for internal use. Anything goes as long as the
information is a valuable tool for decision-making purposes, and the benefit of
the information exceeds the cost of accumulating and analyzing it.
References:
Accounting for Management. (n.d.). Difference Between Financial
and Managerial Accounting.
Principlesofaccounting.com. (n.d.). Chapter 17 Multiple
Choice Questions.
Required:
Below are some questions for discussion.
How is the purpose of managerial accounting different from
financial accounting?
Are more accountants involved in the financial or managerial
function today?
Comment on the use of a variable costing approach vs.
absorption income statement. Describe the differences in the presentation and use
of each type of income statement.
How is the concept of cost of goods sold
different from contribution margin ?
Explain the contribution margin concept/computation and when
to use the information.
Choose one or two topics for further investigation and share
your knowledge with the class. Provide factual information (not merely
opinions) backed up by current news, examples, or other interesting details.
Your comments should be in your own words and include references in APA format,
if applicable.
Presence during both weeks of the module and a minimum of
three postings are required, one original posting and two responses to
colleagues. Minimum required participation does not guarantee a perfect score.
We Write Essays for Students
Tell us about your assignment and we will find the best writer for your paper
Get Help Now!Module 2 discussion
Modern Managerial Accounting Techniques
Managerial accounting is changing rapidly as a result of
technology and new types of enterprises. Below is an article that states the
opposite (Talha et al, 2010).
How can we reconcile the two statements? What is a
managerial accounting model? Read the article and comment on some aspect of the
discussion in an attempt to shed some light on this topic. What are your
thoughts at this juncture?
Talha, et al. (2010). A New Look at Management Accounting.
The Journal of Applied Business Research. Volume 26, Number 4, July/August
2012.
It is not necessary to discuss every question or comment
mentioned above. Choose one or two relevant aspects for further investigation
and share your knowledge with the class. Try to add information not previously
discussed by others. Please, provide factual information (not merely opinions)
backed up by details or examples. Your comments should be in your own words and
Include references in APA format.
Module 3 discussion
Transfer Pricing
Transfer pricing is an important topic from multiple
perspectives. It is a global issue affecting taxation, financial results,
performance evaluations, and managerial motivation. Ratios are based on the
underlying financial information. Transfer pricing is a topic in itself, but it
also affects popular financial measures such as EVA (economic value added).
References:
Hiemann, M. and Reichelstein, R. The Dual Role of Transfer
Prices in Multinational Firms: Divisional Performance Measurement and Tax
Optimization. The European Financial Review. http://www.europeanfinancialreview.com/?p=5741
PWC. (2012). Transfer Pricing. Retrieved from http://www.pwc.com/gx/en/tax/transfer-pricing
Slideshare. (2011). Global Management Accounting. Retrieved
from http://www.slideshare.net/costmgmt/issues-in-global-management-accounting-transfer-pricing
Value Based Management.net. (n.d.). Economic Value Added
(EVA). Retrieved from http://www.valuebasedmanagement.net/methods_eva.html
Required:
In this module, well emphasize transfer pricing issues and
responsibility centers. Comment on the importance of these issues, how they are
related, and why they are very important in the business environment.
Above find some resources for some of these topics that you
can use as a starting point. The links are not meant to provide any particular
viewpoint but are a mix of resources viewed both from an accounting and a
business perspective.
Choose one or two topics for further investigation and share
your knowledge with the class. Provide factual information (not merely
opinions) backed up by current news, examples, or other interesting details.
Your comments should be in your own words and include references in APA format,
if applicable.
Presence during both weeks of the module and a minimum of
three postings are required, one original posting and two responses to
colleagues. Minimum required participation does not guarantee a perfect score.
Module 4 discussion
Management Approaches
Corporate citizenship, lean manufacturing, TQM, activity
based management, benchmarking, and Goldratts Theory of Constrains are
concepts used by many corporations to streamline operations, meet demands of
stakeholders, and ultimately to improve profitability.
Required:
Use Internet to research at least one of the above concepts.
How are these relevant to managerial accounting? Please be specific and provide
an example or a corporate story as an illustration in your original posting.
Presence during both weeks of the module and a minimum of
three postings are required, one original posting and two responses to
colleagues. Minimum required participation does not guarantee a perfect score.
Module 4 reflective
discussion
Managerial Accounting Is an Interdisciplinary Topic
You have worked your way through four
managerial-accounting-related Cases and a Session Long Project. Provide three
specific examples about how you would use your new skills in your current
position or a possible future position.
PLACE THIS ORDER OR A SIMILAR ORDER WITH LITE ESSAYS TODAY AND GET AN AMAZING DISCOUNT
The post Module 1 discussion Managerial vs. Financial Accounting Let us explore appeared first on Cheapest Academic Custom Papers.
Welcome to originalessaywriters.com, our friendly and experienced essay writers are available 24/7 to complete all your assignments. We offer high-quality academic essays written from scratch to guarantee top grades to all students. All our papers are 100% plagiarism-free and come with a plagiarism report, upon request
Tell Us “Write My Essay for Me” and Relax! You will get an original essay well before your submission deadline.
