FIN 320 Project One mod 3

Finance 500 In this assignment, the purpose is to tie into the key concepts and insights studied this term in this course. Reflecting on key principles, strategies, or tactics that were covered from the accounting and finance fields, students should relate the information to their career, company or industry of interest.  Demonstrate how the knowledge, skills, or theories of this course have been applied, or could be applied, in a practical manner to your current work environment (a project manager in design industry). Share a personal connection that identifies specific knowledge and theories from this course. Demonstrate a connection to your current work environment. You should NOT, provide an overview of the assignments assigned in the course. The assignment asks that you reflect how the knowledge and skills obtained through meeting course objectives were applied or could be applied in the workplace.

Knowledge Check 01 Financial statement analysis provides information to internal users to improve: O financial statements O their own goals O efficiency and effectiveness O company performance and financial condition

Terminal Activity "People Behind Financial Management" Career in Financial Management 1. 2. 3. 4. Having learned about the stakeholders in financial management, you may now complete the TABLE below by looking around you and finding out what are the different careers available to those who study and specialize in financial management. 5. Roles Responsibilities

Write a post providing us with the context for the resources of adopting innovative technologies that can lead to streamlined processes, real-time insights, and increased focus on strategic planning technological advancements in the accounting and finance profession have required finance professionals to adapt and expand their skill sets. Those who can adapt can support business growth and discover better career opportunities selected by identifying the field of study of accounting and finance and specifying an associated profession if relevant.Explain in two separate sections how this could be applied to the criteria of validity checklist to determine the validity of each resource.

Reflecting on what's been learned about the content knowledge and competencies needed for the role of accounting and finance one aspires to play in that field, Brainstorming strategies for taking advantage of the knowledge and skills already had, acquiring the content knowledge one needs, and developing the skills need.

aims to identify, record, and communicate information about business activities. It helps assess opportunities, products, investments, and social and community responsibilities. Users of accounting are both internal and external. Some users and uses of accounting include (a) managers in controlling, monitoring, and planning; (b) lenders for measuring the risk and return of loans; (c) shareholders for assessing the return and risk of stock; and (d) employees for judging employment opportunities. Opportunities in accounting include financial, managerial, and tax accounting. Csuterstack/Fory burrow OGlow Asia/Saperstock 130s :00/ 0:58 1x CC Knowledge Check 01 Match the term and the definition. Definition The recording of transactions and events only, either manually or electronically. An information and measurement system that identifies, records, and communicates relevant, reliable, and comparable information about an organization's business activities.

Which of the following is a crucial skill for a financial modeler? Question 9 Select one: A. Communication B. Design C. Accounting D. All of the Above

The benefits of management accounting information include: Select one: a. More effective planning. b. Improved decisions. c. All of the given answers. d. Greater efficiency of operations. Question 34   Question text Management accounting focuses primarily on providing data for: Select one: a. Internal uses by managers. b. External uses by stockholders and creditors. c. External uses by the Internal Revenue Service. d. External uses by the Securities and Exchange Commission. Question 35   Question text Prime cost consists of: Select one: a. direct labor and manufacturing overhead. b. direct materials and manufacturing overhead. c. direct materials, direct labor and manufacturing overhead. d. direct materials and direct labor.

Briefly tell us how you approach problems from a quantitative and qualitative perspective. ( Financial Management intern position)

Ma1. Suppose you are hired as a consultant for a new venture in the financial services sector, explain five reasons why they should conduct an EPS/EBIT analysis during the strategy implementation phase.

Case Study: Financial Reporting in a Dynamic Business Environment Introduction: Financial reporting is a cornerstone of transparency and accountability in the corporate world. In today's dynamic business environment, organizations encounter various challenges and complexities as they strive to provide accurate and timely financial information. This case study explores the multifaceted nature of financial reporting, examining key factors that influence the process and the implications for stakeholders. Technological Advancements and Data Management: In the digital age, technological advancements have transformed the landscape of financial reporting. Companies now have access to sophisticated software and tools that streamline data collection, analysis, and presentation. While these advancements enhance efficiency, they also introduce challenges related to data security, integrity, and the need for skilled professionals to navigate complex systems. Globalization and Diverse Regulatory…

Providing information about the performance and financial position of companies so that users can make economic decisions best describes the role of: Select one: O a. Financial reporting. O b. Financial statement analysis. O c. Auditing.

Organizational charts ________. Group of answer choices list the salaries of all employees outline the strategic goals of the organization show the structure of an organization help management measure financial performance

The objective of Human resource accounting in the modern organizations is to____ a. Attract the employees b. All of the given options c. Attract the investors d. Asset valuation

Question 8 A soundly developed conceptual framework of concepts and objectives should: OA. Enhance comparability among companies' financial statements O B. All of the choices are correct OC. Allow new and emerging practical problems to be more quickly solved O D.Increase financial statement users' understanding of and confidence in financial reporting

In the future as part of hospitality and tourism industry professionals, how does financial management contributes to organization and one’s career growth? Cite one significant example from each.

Mastery Problem: Financial Statement Analysis Question Content Area Liquidity and Solvency Measures Your friend, another accountant, has bet you that with your knowledge of accounting and just the computations for common analytical measures, you can figure out many aspects of a company's financial statements. You take the bet! Match each computation to one of the liquidity and solvency measures in the table. (Hint: Begin by looking for simple computations and identifying the amounts in those computations. Look for other measures that use those amounts.)

What are the latest trends and developments in the field of accounting and finance, and how can organizations leverage them to improve financial management practices? Provide examples to support your answer

Which among the following is an example of routine report submitted to the management? a. Report on technological changes in the industry b. Report on general economic forecast c. Feasibility study for a new business plan/project d. Sales report

6 Advisors need to balance their time between researching very specific investments seeking new clients staying current on the news and economy outsourcing back office tasks justifying fees to clients and

18-Sohar LLC collecting information from the environment in which a company operates and can include competitor's websites, social media, credit rating agencies, and internet news, for strategic planning, when a company needs to consider market share, industry trends, and customer behaviors. The information collected by the company is known as a. Financial Qualitative information b. External information c. Internal information d. Accounting information

34 National Detergent Company SAOG evaluate their financial performance through various reports which are provided to them. Find out one of the following accounting prepare and provide special types of reports which are used by the top level management of an organization? a. Cost accounting b. In All these accounting c. Management accounting d. Financial accounting

> Week 9 Assignment 9.4 Assignment 9.4 - BUSINESS PLAN Upload your assignment through the link provided in this week's assignments folder. The financial and accounting statements provide the information needed to measure the projected success of the business plan. The recipient of the business plan will want to have an understanding of this information in assessing the performance of the proposed business plan. The two questions to answer are the following: a. What information will be needed to develop the accounting and financial statements. b. What information is needed to explain the importance of these statements to the other business functions. The discussion shall be approximately 1½ to 2 pages in length, doubled space, using a size 12 font. Any direct quotes or the paraphrase of unique thoughts of others should be properly cited and referenced using general APA

1. Explain the important role played by financial institutions and financial markets within the economy 2. The board of directors has approached you as the financial manager to come up with a remedial approach to the company`s financial woes. They have tasked you with writing a report addressed to the Board of Directors that will inform them on the following: 2.1 Identify and discuss three best different forms of short- term financing for business, including their respective merits and 2.2 Identify and discuss two best different forms of long -term financing, including their respective merits and characteristics applicable for the above situation.