My Role As A Business Assistant

Cost accounting is used by most companies whether manufacturing or service to keep track of their daily activities. It is essential in understanding the costs of running any enterprise. In other words they aid in determining the costs of inputs and outputs used in production. It involves analyzing and evaluating different approaches in order to determine the most suitable method that management can use suitably and one that can aid in future planning. Cost accounting is therefore an essential tool in decision making. Decisions made may involve pricing levels, future investment, production levels and coming up with a good competitive strategy. Different industries use different cost accounting method depending on the type of services provided or product manufactured.

This paper provides a brief presentation of Activity-Based Costing methodology, how is used as well as its short comings.

Looking at the experiences I have had in different organizations, working with people in different capacities in order to achieve the aims and objectives of the organization I would like to specifically focus on my duties as an Admin Manager in a Stock Broking Firm where I worked for some couple of years. I had a great experience in the organization as I was embeddled with lots of duties which was so challenging. I was in charge of six (6) team members. I was called the Admin Manager but how do I see myself? Do I see myself based on the title or do I see myself doing more with the title.

An administrative assistant has many responsibilities in the medical field – they must handle patients, answer phones, complete and file paperwork, assist their physicians, as well as additional tasks that must be adequately balanced during their shifts. The financial aspect of administrative work is one of the fundamental elements of the office environment; there are many standards that should be adhered to in order to maintain a functional and organized work space – keeping accurate records is perhaps the most important. History records provide the physician everything they need to know about a patient, from basic information to detailed medical history that then allows them to administer the best possible care for the client – billing is

As previously mentioned, the use of activity-based costing gives Kemps an advantage when competing for customers in an ever more competitive and growing market. However, the ability to succinctly distinguish how many small changes, when taken together, can have a large impact on cost savings (and therefore profit), is necessary in order to convince customers who may not be familiar with the many benefits of ABC. Mainly, management would want to demonstrate how the cost savings that they enjoy are ultimately passed on to their customers, perhaps by showing some of the improvements that have been made to their own company as a result of implementation, specifically focusing on advancements that would have a direct impact on the customer’s business.

• I obtain advanced writing skills in formatting, content, grammar, punctuation, structure, vocabulary and style for memorandums, emails, training notifications, step-by-step instructions, continuing reviews and appointment letters.

Eldenburg, L., & Wolcott, S. K. (2011). Cost management: Measuring, monitoring, and motivating performance (2nd ed.).Hoboken, NJ: John Wiley.

Writing is describes as a “new skill” for this writer who is expected to be turning to this guide for help with the skills needed “to write fine essays, letters, e-mails, and reports” thereby inferring that the writer has minimal experience with writing and needs to be shown “point-by-point through all the important English skills,” unlike the college freshman that is expected to have a basic understanding of writing (Rozakis 2000, p. xxiii). Despite the emphasis on genres of business writing—as seen in the table of contents—the writer is not limited to writing experiences in the business world, but instead is introduced to a variety of writing that includes research and term papers.

Cost analysis: fixed versus variable costs direct versus indirect costs; traditional costing and activity based costing

Narong, D. K. (2009). Activity-Based Costing and Management Solutions to Traditional Shortcomings of Cost Accounting. Cost Engineering, 51(8), 11-22.

The results of the log were not surprising as my role as an administrative assistant requires me to be flexible and highly organized in the workplace. I am one of two of the front line staff in the Parks and Public Works Department where I manage several permit programs and an online reservation program. I am the direct contact for internal and external customers, which I am adept in providing excellent customer service in person and over the phone.

a personal assistant I was responsible for providing support to two Senior Managers. My key responsibilities where;

Bhimani, A., Horngren, C., Datar, S., Rajan, M. et al. (2012) Management and Cost Accounting. 5th ed. Edinburgh: Prentice Hall, p.369 - 378.

Blocher E., Stout D., Juras P., Cokins G. (2013). Strategy and Master Budget. Cost Management. (6th ed., pp. 350-406). New york: The McGraw-Hill Companies. DOI:www.mhhe.com/blocher6e

C. T. Horngren, A. Bhimani, S. M. Datar, G. Foster (2005), 'Activity-Based Costing', Management and Cost Accounting (Prentice Hall Europe), 345-363