Management Accounting Assignment

MONASH UNIVERSITY SEMSTER 1 – YEAR 2011 AFW 3040 – ACCOUNTING THEORY BY: SARAH WONG Assignment 2 – 1500-word Essay Topic: How social and environmental reporting practices undertaken by companies highlight the limitations of the conceptual framework. Introduction: Accountancy has always been concerned with mainly the accountability of directors to shareholders and companies to creditors. As companies grow larger and become more integrated with the society, this call for a focus towards sustainability…

Abstract: The report below is based on my own best practice for the assignment task and have Provide a summary of the purpose of Corporate Sustainability Reporting, and have also provide a summary about the two theories stakeholder theory and legitimacy theory including the annual reporting about the company 's Toyota motor corporation and BHP Billiton and the comparison that how they have address the economic social environmental aspect of the companies in their report 2011. And has finalise by…

Act 201 Assignment Semester : Summer - 2010 Date Of Submission : 08 - 08 – 2010 Name : Saif Uddin Siddique I D : 102 0610 0 3 0 Faculty : Mdm Section : 03 Question No. 1 : Explain using various examples,how the major accounting concepts are used in preparing financial…

Running Head: FINANCAL MANAGEMENT Financial Management Answer No. 2 First advantage of outsourcing is that the organization is in the position to ensure that it is able to complete its activities in a swift and expert manner. Second advantage of outsourcing is that it helps organization to concentrate on core process instead of supporting processes carried out by it. Third advantage of outsourcing is that the organization will be in the position to ensure that it is engaged…

within maintaining the integrity of the profession; * Having in place a robust disciplinary system for those who fail to comply with this standards BY-Laws; * To enhance the status of members. Question 2: Briefly explain the following users of accounting information: Question 2(a): Shareholders (2marks) Answer 2(a): Any person, company, or other institution that owns at least one share in a company…

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…

Student ID: 7608756 FACC Assignment FACC/Jul11/1 Ryan Marc Gonsalves Ryan Marc Gonsalves MBSW 60127 FINANCIAL ACCOUNTING FACC/JULY11/1 Student ID: 7608756 Table of Contents Table of Tables .................................................................................................................... 3 Table of Figures ................................................................................................................... 3 Introduction and Purpose ...........................…

net present value, then it is expected to produce more income than what could be gained by earning the discount rate, which means the company should go ahead with the project. Although using quantitative factors for decision-making is important, management must also consider qualitative factors. Qualitative factors may outweigh the quantitative factors in making a decision. Qualitative factors look to take account of these other issues that may influence the outcome of a decision. The following are…

is treated as a --------- cost. 1 product 18 2 period 3 fixed 4 sunk 6 Which of the following is a direct labour cost? 1 the wages of an operative paid on the basis of output achieved 2 a bonus paid to the stores clerk 3 the costs of the payroll accounting section 4 supervisors' salaries in the factory 7 LMN Ltd has the following data relating to its assembly plant for the year to 31 March 2014: R Material costs 1 000 000 Direct labour costs 500 000 Assembly plant indirect costs 200 000 In addition…

Managerial Accounting Assignment-2 Prof. Murtaza J. Bhatti Please submit a separate answer sheet, with the answers carefully numbered as mentioned here. 1. At the beginning of the year, manufacturing overhead for the year was estimated to be $670,530. At the end of the year, actual direct labor-hours for the year were 29,400 hours, the actual manufacturing overhead for the year was $665,530, and manufacturing overhead for the year was under-applied by $27,550. If the predetermined overhead…