Management Accounting Essay - 1907 Words

Management in business and human organization activity, in simple terms means the act of getting people together to accomplish desired goals. Management comprises planning, organizing, -resourcing, leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources. Management can also refer to the person or people who perform the act(s) of management. Basic functions of management Management operates through various functions, often classified as planning, organizing, leading/motivating and controlling.†¦show more content†¦This is because of the different emphasis: management accounting information is used within an organization, typically for decision-making. According to the Chartered Institute of Management Accountants (CIMA), Management Accounting is the process of identification, measurement, accumulation, analysis, preparation, interpretation and communication of information used by management to plan, evaluate and control within an entity and to assure appropriate use of and accountability for its resources. Management accounting also comprises the preparation of financial reports for non management groups such as shareholders, cr-ors, regulatory agencies and tax authorities (CIMA Official Terminology) The American Institute of Certified Public Accountants(AICPA) states that management accounting practice extends to the following three areas: Strategic Management—Advancing the role of the management accountant as a strategic partner in the organization. Performance Management—Developing the practice of business decision-making and managing the performance of the organization. Risk Management—Contributing to frameworks and practices for identifying, measuring, managing and reporting risks to the achievement of the objectives of the organization. The Institute of Certified Management Accountants (ICMA),Show MoreRelatedManagement Accounting1950 Words   |  8 PagesManagement in business and human organization activity, in simple terms means the act of getting people together to accomplish desired goals. Management comprises planning, organizing, -resourcing, leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources. ManagementRead MoreAccounting Analysis On Management Accounting Essay1210 Words   |  5 PagesManagement Accounting Introduction: Management accounting technique is the procedure of understanding, analyzing, exam, calculating, deciphers, and transfers the verbal data to chase of company objectives. The section of bookkeeping is called as cost accounting. The difference between the financial and managerial bookkeeping data is the goal at assist the administrators inside the corporation to create choice as per their situations. Even as economic bookkeeping is intended at giving data to gatheringRead MoreManagement Accounting1870 Words   |  8 PagesRunning Head: MANAGEMENT ACCOUNTING The Management Accountant in Business [Name of the Writer] [Name of the Institution] The Management Accountant in Business Introduction Tesco Public Limited Company is a merchandising retailer and a grocery retailer multinational chain which has it’s headquarter in Cheshunt in the United Kingdom. Tesco as compared to its counterparts, Walmart and Carrefour, is the world’s third largest retail store with regard to the revenues that it generates. Tesco standsRead MoreManagement Accounting1590 Words   |  7 Pagestaxes | | 1600000 | Income Taxes 30% | | 480000 | Net income | | 1120000 | Scenario: The sales agents want sales commissions increased to 20%, this will caused the commission to agents would increase to $3,200,000 (20%X $16,000,000). The management of Pittman Company suggested to employ company’s sales force and incurred $2,400,000 fixed costs for the sales force. Besides Pittman Company would also save $75,000 a year because no need to pay the audit firm for check out the agent reports, soRead MoreImpact of Environmental Accounting on Management Accounting7424 Words   |  30 Pages1.0 Introduction According to The Environment Agency in the United Kingdom (2006), Environmental Accounting can be defined as: â€Å"The collection, analysis and assessment of environmental and financial performance data obtained from business management information systems, environmental management and financial accounting systems. The taking of corrective management action to reduce environmental impacts and costs plus, where appropriate, the external reporting of the environmental and financialRead MoreStrategic Management Accounting13457 Words   |  54 Pagesthis journal is available at www.emeraldinsight.com/0951-3574.htm AAAJ 21,2 Strategic management accounting: how far have we come in 25 years? Kim Langï ¬ eld-Smith Monash University, Melbourne, Australia Abstract Purpose – The purpose of this paper is to provide a review of the origins of strategic management accounting and to assess the extent of adoption and â€Å"success† of strategic management accounting (SMA). Design/methodology/approach – Empirical papers which have directly researched SMARead MoreManagement Accounting Assignment980 Words   |  4 Pages602 Management Accounting David Xu Id: 65990771 Session Preparation Assignment (SPA) #2 Understanding Key Cost Relationships 1. Read Chapter 2 of SN, Key meanings in the Chapter. Understanding key cost in a firm is the most important issue in management accounting. That is because business survives on value exchange. Customers and business are willing to exchange money and services (products) based on the costs. How products cost can effect a firm’s financial health isRead MoreThe Implications Of Management Accounting2362 Words   |  10 Pages1987, Johnson and Kaplan studied the evolution of management accounting and how it has lost relevance today. In the world of technology, competitive environment many issues have escalated, therefore management accounting methods aren’t relevant. Management accounting systems used by the firms before do not apply to organisations today. Hence the reason why the two academics explored reasons why organisations need to develop the methods in which they measure their performance and costs. This essayRead MoreEthics in Management Accounting2322 Words   |  10 PagesASSIGNMENT ON ASSURANCE OF LEARNING – ETHICS IN MANAGEMENT ACCOUNTING (CMA) Awoluyi Adekunle, Matric Number: 201403007 JUNE 29, 2015 MEMBA 3 LBS, Lagos AWOLUYI ADEKUNLE Matric Number: 201403007 Introduction The source of cost management ethical problems in any organization can be one or more of the following; 1. 2. 3. 4. Organisation’s management expectation Vs. professional ethics Personal desire for recognition / and promotion within the company Strife for quick moneyRead MoreDifferences Between Management Accounting and Financial Accounting1624 Words   |  7 PagesSTUDENT NO: †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦... SEMINAR TUTOR †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦... 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

Should Euthanasia Be Legalized - 864 Words

In the world, there are a number of people suffering from intractable diseases. There are patients with terminal cancer that the cells had spread to all over the body and leukemia-stricken patients who sustain their lives by agonizing anticancer treatments. Although they keep living relying on medical treatment or ventilators, their qualities of life are extremely low and even sustaining their own lives is harsher than killing themselves. In the past, there have been practices of mercy killing for incurable animals. If the animals seem impossible to recover their health, a veterinarian is able to help them reach to death. Though there are some people disagreeing with animal mercy killing, most of people agree on it and it is legal. However, when it comes to human, there is a furious controversy over euthanasia. Because there is a sharp conflict on the issue, some countries accept mercy killing lawful while others do not. The main arguments about the issue are whether the deliberate intervention on one’s life to the end is morally right or wrong. Some say euthanasia should be legalized because it is the only way to relieve harsh pain and meet ‘real happiness’ for the patients who are not expected to maintain their lives more. They also argue that people should respect the patients’ right to die as we respect humans’ right to live. In addition, they assert that huge cost paid to sustain incurable patient’s life also makes the lives of patient’s family membersShow MoreRelatedShould Euthanasia Be Legalized?1360 Words   |  6 PagesAbout 55% of terminally ill patients die in atrocious pain. Euthanasia is a practice that hasn’t been legalized in many places, and is usually performed by lethal injection. In the United States euthanasia is only legalized in Oregon, Washington, Montana, and certain areas of Texas. Some citizens feel that euthanasia should be legalized because they should have the sole right to their life. Others feel that God is the one that has the authority over a p erson’s life. There have been many cases whereRead MoreShould Euthanasia Be Legalized?971 Words   |  4 Pages Legalization of euthanasia in China Youyou Zhuang English Language Center, University of Victoria Youyou Zhuang, a student in English language center of University of Victoria. zhuangyoyo@gmail.com Legalization of euthanasia in China The hospital is a place where to cure the sickness and to save the patients. Have you ever thought a kind of â€Å"killing† could happen in the hospital? It is the â€Å"mercy killing†, also called euthanasia. Till now, euthanasia is legal in Netherlands, BelgiumRead MoreShould Euthanasia Be Legalized?1413 Words   |  6 Pagesstatement: euthanasia should be legalized. There exist numerous topics that are controversial within the criminal justice system. Euthanasia, the practice of intentionally ending a life in order to relive pain and suffering, is one that has been around for a long time. Many people believe that it should continue being illegal due to certain moral values. However, some people argue that euthanasia should be decriminalized because people should have the right to die when they want to. Euthanasia hasRead MoreShould Euthanasia Be Legalized?907 Words   |  4 Pagesactive euthanasia, which is a highly contentious issue in the United States. Voluntary active euthanasia is currently illegal in the United States. However, I believe that patients with terminal illnesses experiencing a lot of pain and misery should have the right to die the way they choose, with dignity, instead of being subjected to agony. People should be able to choose voluntary active euthanasia, if ever need be, which is why I believe that despite current policy, voluntary active euthanasia shouldRead MoreShould Euthanasia Be Legalized?1050 Words   |  5 Pagesend quickly, but knew it was not going to happen. If euthanasia and/or assisted suicide was legalized, perhaps his wish could have been true. Unfortunately, euthanasia is only legal in the states of Oregon and Washington at the current time. Euthanasia is considered immoral and wrong for contradicting a doctor’s job. However, it save s families the horrible sight of their loved ones dying, safeguards being up to protect any abuse towards euthanasia, and ultimate choice of being euthanized is upon theRead MoreShould Euthanasia Be Legalized?1272 Words   |  6 Pagesthe natural body is able to heal itself and grow. Not only is it human nature to survive and prosper, it is also instinct to be frightened of death and suffering. Euthanasia has been a topic of debate ever since the Roman and Greek physicians have started to poison terminally ill patients with their consent. Today’s definition of euthanasia is â€Å"the act or practice of killing or permitting the death of hopelessly sick or injured individuals (as persons or domestic animals) in a relatively painless wayRead MoreShould Euthanasia Be Legalized?1220 Words   |  5 Pagesincurable patients, it is rarely known that Euthanasia, a termination of one’s life with his/her self-willingness, is a release of permanent pain. On the other hand, it is committed by the doctors. Among Voluntary, non-voluntary and involuntary Euthanasia, only is Voluntary Euthanasia being universally concerned by human beings. Various fascinating facts, Australia has already approved this act and many people from other countries have also committed Euthanasia. Regarding this topic, people have beenRead MoreShould Euthanasia Be Legalized?1210 Words   |  5 Pagesconcerns is dying with dignity and not left to suffer a long and drawn out death. Euthanasia, also known as mercy killing, is a sensitive and very controversial subject. Several people believe, doctors should not participate in any action that ends a person’s life due to the Hippocratic Oath stating that doctors are obligated to save lives. Although, euthanasia is considered to be immoral and even murder, it should be legalized when a person’s quality of life, due to an incurable illness, is gradually goingRead MoreShould Euthanasia Be Legalized?1490 Words   |  6 Pagesj ust like you are in pain. What would you do? Euthanasia is and act where a person assist the death of other person and relieves him/her from pain. It is also called as mercy killing. It is controversial because, some may thing it is immoral and some may think it is against their religious values. But, the fact is, the person who suffers with pain knows the pain better than anybody. It is the person’s decision to make. Euthanasia should be legalized with the involvements of legal documents basedRead MoreShould Euthanasia Be Legalized?1970 Words   |  8 Pagespaper I’m going to prove to you why I think Euthanasia should be legalized. Euthanasia refers to taking a deliberate action with the express intention of ending a life to relieve suffering. Some interpret Euthanasia as the practice of ending a life in a painless manner. There are two forms of Euthanasia. Passive Euthanasia is when a patient gets an injection to put them to sleep and they never wake up. It’s a very fast and painless death. Active Euthanasia is when a patient does not get the medicine

Poverty and Crime in America Essay Example For Students

Poverty and Crime in America Essay Crime in this country is an everyday thing. Some people believe that crime is unnecessary. That people do it out of ignorance and that it really can be prevented. Honestly, since we live in a country where there is poverty, people living in the streets, or with people barely getting by, there will always be crime. Whether the crime is robbing food, money, or even hurting the people you love, your family. You will soon read about how being a criminal starts or even stops, where it begins, with whom it begins with and why crime seems to be the only way out sometimes for the poor. The exact amount of poverty that exits in the United States are difficult to ascertain, since the manner in which poverty is measured determines the amount of poverty reported. The U.S. Bureau of the Census reported that there were about 33,100,00 persons classified as officially below the poverty level in 1985. Small children that live in low-income households, are vulnerable to a wide variety of problems, including poor nutrition, inadequate housing, substandard medical attention, lack of proper nutrition, and physical or emotional abuse. Adolescents from these backgrounds become part of cycle of low-income or unemployment. Black and Hispanic teenagers have particularly acute problems obtaining employment. The Presidents Commission on Law Enforcement and the Administration of Justice recognized the role of poverty in producing delinquency and noted that the most serious forms of juvenile delinquencies are more prevalent between youths at the lowest socioeconomic levels. The fact that poverty is self-perpetuating is a documented fact. Criminal and delinquent activity may also be an accepted part of the total picture for deprived kids. Its h. .lewood Cliffs, NJ: Prentice-Hall, Inc. Laub, J, Sampson, R. (2003). Shared beginnings, divergent lives: delinquent boys to age 70. The President and Fellows of Harvard College. Marcus, R. (2007). Agression and violence in adolescence. New York, NY: Cambridge University Press. Peterson, R, Krivo, L, Hagan, J. (2006). The many colors of crime. NY: New York University Press. Raphael, J. (2000). Saving bernice. Ann Arbor, MI: Edwards Brothers, Inc. Shover, N, Hochstetler, A. (2006). Choosing white-collar crime. New York, NY: Cambridge University Press. Smith, M. (2001). Sex without consent. NY: New York University Press. Thompson, W, Bynum, J. (1991). Juvenile delinquency. Needham Heights, MA: Allyn and Bacon A Division of Simon Schuster, Inc. Wilson, H. (2007). Guns, gun control, and elections. Lanham, MD: Rowman Littlefield Publishers, Inc.

Chevy Ads Essays - Pickup Trucks, Station Wagons, Coupes

Chevy Ads Jimmy Van Epps Van Epps 1 English 101 8:00 Sevier 15 September 2000 More Than Four Wheels In today's fast paced society, a company's reputation is not based on its third quarter earnings or its profit sharing, but on its advertisements. When Budweiser comes up in conversation, one would immediately think of the Budweiser frogs. When the two percent milk runs out, just flip through a magazine to find five or six of today's celebrities smiling with a milk mustache. When a company has thirty seconds or one magazine page to sell their product, the add has to be sharp, concise, and molded to fit the audience of that specific customer base. By merely looking at two Chevrolet ads, one could easily tell which customer base each ad is targeted at; the Cavalier for the fun loving females and the Silverado for the macho men. Page seven of the 2001 Chevrolet Cavalier catalog shows three girls, whom all have been shopping, standing by an ultra silver metallic two-door Cavalier that is parked on the wrong side of the street. The three girls have smiles on their faces as they are loading their shopping bags into the trunk. The females just left the store called Deja Vu a Paris. The clothing store has red and pink flowers on the outside ledge. Just down the street from the upscale clothing store is a small bistro. The top of the ad shows the Cavalier web site. Very similar to the Internet Explorer menu bar, the Cavalier web site has links to everything from the Z24 coupe to the engineering features on the 2001 Cavalier. Below the menu bar and to the right there is an online conversation between Van Epps 2 Kate 123 and Aaron_ma. Kate tells Aaron that her insurance company gave her a break on the premium because her car has antilock brakes. Aaron responds by saying, yeah, I got that too. Kate finishes up by saying it (anti-lock brakes) cost extra on the Focus, Civic, and Neon. Kate also mentions that her dad says antilock brakes can really make a difference in steering clear of trouble. At the left, a slogan reads, ?Choose style, and substance, forever fashionable.? Below the slogan there are pictures of the air conditioning controls, a shot of the left rear wheel, a picture of a rear spoiler, and a picture of a sunroof. The text next to the air conditioning picture mentions how ?you'll stay oh-so-cool? with this never extra, always-standard-in-every-Cavalier feature. Next to the left rear wheel graphic, the ad explains that ABS will ?stop the lock? on most slippery surfaces and throws in that ABS is an expensive option on other small cars. The optional sport package is explained next t o the picture of the spoiler. This package includes a ?pumped up? rear spoiler, a tachometer, and a premium amplified audio system with rear woofer speakers. Next to the sunroof the ad reads, ?touch the sky, day or night,? with this electric sunroof, including a mirror mounted backlight. In the center, under the menu bar, the ad claims Cavalier is the lowest priced car in America with standard ABS, air conditioning, and rear-window defogger. The ad next mentions the safety with the steel body safety cage construction and Daytime running lamps. Chevrolet claims they are committed to making driving safer. The ad concludes by mentioning Cavalier's good looks, its 115 horsepower, 2.2-liter engine, and the option of a four speed automatic or a five speed manual transmission. Page eighteen of the 2000 Chevrolet Silverado catalog shows a Sunset Gold Van Epps 3 Metallic Silverado 2500 4x4 extended cab. Two men wearing hard hats are pictured in the truck going through desert mountains. The vegetation is sparse, as the driving surface is mostly rock and dirt. The bed of the truck is filled with a toolbox, generator, an industrial size pressure washer, and an orange Gott water cooler. The items are tied down using latching straps, which are looped through the tie-down brackets. The headline of the ad reads ?BIG JOB. BIG TRUCK. BIG 2500.?. The text then says, ?You've got a serious job to do.? The Chevrolet ad claims that the Silverado 2500 is the truck to help you

Roger & Me Summary and Response essays

Roger & Me Summary and Response essays In Roger s decision to close down these factories ultimately left roughly half of Flints population on government support. The majority of the population was unable to obtain new jobs in Flint because the factories had supported most of the economy. What few alternative jobs there were in Flint were already taken by laid-off factory workers. In addition, many former factory technicians were under qualified for other jobs. Those that could have gone elsewhere in search of work felt too much loyalty to the town to leave it. The effects of this mass unemployment on families and the city was a sub-standard quality of life and a rising crime rate. Moore chronicles some of the duties of Deputy Fred, who handles evictions. In one scene, Deputy Fred must evict a family on Christmas. In an attempt to climb out of economic melt-down, the city of Flint hires an agency which builds a luxury Hyatt, commercial center, and amusement park in order to attract tourists. All three of the facilities, built with the citys money, close down because of lack of interest. All the while, GM has left Flint without any tools with which to climb out of its recession. Michael Moore maintains that GM had an obligation to the citizens of Flint to ensure that the former GM employees didnt face poverty. Job retraining could have enabled ex-GMs to find alternative work. Extended severance pay would have helped factory workers maintain their way of life while they looked for work. Roger Smith also could have cut his losses and opened up new factories in Flint to keep people employed. However, none of t ...

Effective Cancer Symptoms Management Essay Example | Topics and Well Written Essays - 2500 words

Effective Cancer Symptoms Management - Essay Example Additionally, the change in symptom management programs applies the use of technology to detect and to deal with breast cancer symptoms. Apart from technology, specialization is also applied in the novel symptoms management programs. Pain, anxiety and fatigue are the common challenges faced by cancer patients. For their urge to get relief, patients seek alternative modes of therapies apart from their normal medical procedures. These numbers of patients make to about 90% of all cancer patients (Jemal, et al., 2008). This is a clear indication that a comprehensive cancer symptom management programs need to be established. One of the most important symptom management changes is the art therapy. The art therapy is not only for patients and their families, but also the general public. This is simply a clinical intervention of therapy which creates awareness about cancer. Additionally, it creates the belief that art nourishes ones health and strengthens ones life. Mainly, art therapy deals with the creation of awareness and expression of patients’ deepest emotions (Shaw, 2011). In the case of breast cancer, an expression of an individual emotion is very important. Breast cancer can be demoralizing and the best way to create the feeling of self appreciation is by expressing one’s feelings. ... He is transferred to an urban medical centre for a period of four months. The patient should be above the age of eighteen, communicate in English and have the ability to have an hour session on art therapy. The following breast cancer symptoms are studied during art therapy: pain, tiredness, nausea, depression, anxiety, drowsiness, lack of appetite and shortage of breath. Two instruments are used in the art therapy: the Edmonton Symptom Assessment Scale (ESAS) and the State Trait Anxiety Index (STAIS-S). These two instruments are used in the study and analysis of the breast cancer symptoms. The ESAS is an instrument which is used in the symptom assessment of palliative care. The measurement is done on a numerical scale which runs from 0-10. The patient under study picks the number which he feels is the level of improvement in the giving of palliative care. Zero stands for the worst and ten for the best level. The STAI-S is used mainly in measurement of anxiety in adults. It gives the determination on whether the anxiety is long term or conditional. Apart from the two instruments, the patient is asked three open ended questions which give a more proper outlook of the therapy. The questions in this case include; would you undertake art therapy again if given the opportunity? , did you experience any change caused by the art therapy and did you find art therapy comfortable? The art therapist would then take on the patients through the necessary steps. The art therapist should be licensed by the government. The therapist acts as a helper to the patient. He also picks the media the patient is exposed to. Additionally, he drafts the course of the program. Patients take part in activities such as drawing and

Strategic Brand Management REPORT on Dove in the UK Essay

Strategic Brand Management REPORT on Dove in the UK - Essay Example The Customer-Based Brand Equity (CBBE) framework has been intended to assist management during the process of brand-building. According to this model, building strong brands entails four steps, including: (1) ascertaining the proper brand identity, in terms of depth and breadth brand awareness, (2) crafting suitable brand meaning through unique, favorable, and strong brand associations, (3) obtaining positive and accessible brand reactions, and (4) fashioning brand relationships with clients which are characterized by passionate and active loyalty. Achieving the four steps, further involves the establishment of six brand-structuring blocks— brand salience, imagery, judgments, feelings, and resonance. The CBBE model offers a yardstick through which brands can evaluate their progress in their brand-crafting efforts plus acting as a steer for marketing research programs. This report seeks to expound the concept of strategic brand management with special reference to the personal nurturing brand â€Å"Dove† and the â€Å"Real Beauty Campaign† (Keller 2007). Corporate entity Dove is owned by a conglomerate company known as Unilever – one of the world’s largest corporations dealing with FMCG. ... The most well-known brands in terms of earnings include thirteen â‚ ¬1billion brands: Knorr, Axe/Lynx, Becel/ Flora, Lipton, Hellmann's, Omo, Lux, Surf, Dove, Blue Sunsilk, Band/Rama, Rexona as well as Heartbrand ice creams (Jakobsen 2010). The brands are marketed under the corporation vision of bringing vitality to peoples’ lives. Unilever aims at improving the lives of people in a sustainable manner by investing in worldwide community initiatives including, carbon dioxide gas reduction, lessening water pollution, and promoting sustainable practices throughout Unilever’s supply chain. In regard to this, Unilever spend about â‚ ¬91 million on society projects globally in the year 2008. The company also boasts of approximately 270 manufacturing plants across the six continents in the world. All these strive to register better performance with regards to issues of safety, efficiency, quality as well as environmental impacts (Simon 2000, pp. 79). Dove and the Campaig n for Real Beauty This report focuses on the Dove brand and the Real Beauty campaign which was at first unveiled in 2004 and still subsists today. Even though the Dove brand has been present in the market since 1950s, it was not until the already mentioned campaign got launched that the brand achieved a strong standing in the minds of customers (Aaker & Keller 1990). The study for the campaign was founded upon quantitative data that had been collected from a global survey of about 3,200 women picked from ten countries including: Argentina, Canada, Brazil, France, Japan, Italy, Netherlands, the UK, Portugal, and the US. The findings validated Dove’s hypothesis which stated that the definition of the term beauty was both limiting and unattainable, by putting more