| Papers [1-14] of 100 :: [Page 1 of 8] | | Go to page : 1 2 3 4 5 6 7 8 —> | Search results on "MANAGERIAL ACCOUNTING COST MANAGEMENT": |
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Managerial Accounting--Cost Management, 2005.
A case study analysis of a mental health organization faced with budgetary cuts.
675 words (approx. 2.7 pages), 0 sources, £ 18.95
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Abstract
This paper looks at a mental health organization which is destined to face drastically reduced or eliminated discretionary costs.
From the Paper
"Identify which costs you think are likely to be discretionary or committed costs. The list of discretionary costs includes supplies, advertising and promotion, professional meetings/dues, transportation, and consulting. Committed costs consist of all the salaries, accounting/billing, and other activities/costs requisite to engage in the primary business activity. One possibility is to eliminate all discretionary costs. The discretionary costs could easily be eliminated or at the least reduced. However, this option is rarely good for morale and often increases costs in other areas unforeseen in the planning process. Yet, when faced with a required reduction in budget, these are the areas that must go first. In the following budgetary periods, strategies to reduce the fixed/operating costs, such as property/facilities overhead should be examined. "
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Managerial Accounting, 2007.
An analysis of the factors that determine success for the managerial accountant.
3,157 words (approx. 12.6 pages), 13 sources, APA, £ 63.95
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Abstract
This paper analyzes the factors necessary for a managerial accountant to succeed in an independent practice and within a larger organization. The author emphasizes that managerial accountants must set the standard for communication within their practices, particularly in regard to strategic issues and relationships between other accountants in their practice. Additionally, the paper shows that managerial accountants must be linked organizationally to the accounting department that they support, which includes training end users to become more proficient in interpreting financial documents. The author concludes that more research is needed in the area of managerial accounting communication so that managers responsible for making training decisions and communicating on a continual basis will have enough tools with which to base their decisions.
Outline:
Introduction to Communication within the Accounting Profession
Leadership over the Managerial Accountant
Leadership by the Managerial Accountant
Decision-Making by the Managerial Accountant
Staff Motivation through Communication by the Managerial Accountant
Communication and Compensation
Outside Training
Management Priorities by the Managerial Accountant
Communicating Expectations of Staff
Marketing
The Communication of Ethical Standards
Conclusion
From the Paper
"As a result, managerial accountants must be flexible to change and adaptation, and those with a broad spectrum of behavioral understanding in addition to financial skills are more properly suited for their positions. This includes a communication medium that reaches the intended audience efficiently and effectively. This paper will analyze the correlation between managerial accountants and their means of communication necessary for their practice to thrive. It will also provide recommendations throughout that managerial accountants can incorporate into their practice in order to bring the profession as a whole to a new level of success."
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Managerial and Financial Accounting, 2002.
An overview of the differences between managerial and financial accounting.
1,150 words (approx. 4.6 pages), 4 sources, £ 30.95
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Abstract
This paper is on "comparing and contrasting managerial and financial accounting". It also explains the differences in rules and regulations, management information and reporting requirements, and CMA and CPA licenses.
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Ethics in Managerial Accounting, 2004.
A discussion of recent scandals in managerial accounting in the U.S.
1,761 words (approx. 7.0 pages), 11 sources, MLA, £ 39.95
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Abstract
This paper looks at the changes needed within accounting practices in light of the recent scandals at Enron and Arthur Andersen. The writer explores the new rules, which have become standard practice in the past few years.
Contents
The Constituencies
Investors
The public
Employees
Managers and executives
CPAs
Auditors
Financial advisors
Governing Bodies
SEC
FASB
GAO
IRS
Congress
From the Paper
"There are those doing a lot about the question of ethics in managerial accounting, and those doing little or even creating more opportunities for unethical behavior. If the loopholes are shut down here, will companies go overseas to grease the wheels of commerce? Possibly. Global ethics are not quite as demanding in many parts of the world as most constituencies would like to see them here. (Bray, 2000) Or possibly not. Enron marched across India with its financial sleight-of-hand, injuring that nation?arguably?as it did this one. Perhaps there are ethics watches going on globally in the aftermath."
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Managerial Accounting, 1993.
Examines how it is contrasted with financial accounting, purpose and costing operations in public and private sectors.
1,575 words (approx. 6.3 pages), 5 sources, £ 38.95
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From the Paper
"This research compares the application of managerial accounting principles in government and private sector organizations. The movement toward making government more accountable includes pressures on public sector agencies to improve the efficiency of their application of public funds.. Measuring financial performance in government means applying managerial accounting principles to the operations of public sector organizations.. Managerial accounting principles were designed, however, with profit-oriented organizations in mind. This orientation of management accounting does not mean that the principles of the discipline are not applicable to government organizations, but it likely does mean that managerial accounting will remain more significant in the private sector than in the public sector."
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Traditional Cost Accounting vs. Activity Based Costing, 2006.
This paper examines the pros and cons of two specific cost accounting systems: Traditional cost accounting (TCA) and activity based costing (ABC).
1,725 words (approx. 6.9 pages), 9 sources, MLA, £ 38.95
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Abstract
The writer of this paper stresses that the purpose of any cost accounting system is to provide current information about the total cost of manufacturing a product or performing a service. This paper analyzes in detail the strengths and weaknesses of traditional cost accounting (TCA) and activity base costing (ABC). TCA is a well developed method of estimating cost incurred while the ABC system is based on costs which are driven by factors other than product volume.
From the Paper
"A problem may arise in the use of actual overhead costs. The problem stems from the fact that many of the elements of manufacturing are fixed costs, rather than variable costs. Fixed costs are those that tend to remain relatively constant from month to month. Examples of fixed overhead costs include the monthly salary paid to plant managers, depreciation, property taxes, and insurance on plant assets."
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Cost Accounting, 2005.
This paper discusses the roles and uses of cost accounting in a firm's decision-making processes.
3,800 words (approx. 15.2 pages), 13 sources, APA, £ 72.95
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Abstract
This paper explains that cost accounting is a part of managerial accounting: Whereas financial accounting is concerned with recording actual financial transactions, managerial accounting is concerned with the discovery of relationships in financial data. The author points out that one of the critical factors involved in cost accounting is the differentiation of fixed costs, which must be borne by a firm regardless of activity levels, and variable costs, which fluctuate according to activity levels, so that managers are able to construct break-even charts and other decision-making and control tools. The paper states that the three principal functions of standard cost systems are (1) identifying the actual costs of operation, (2) determining the achievement of the production operation, and (3) evaluating the performance of the production operation.
Table of Contents
Introduction
Cost Accounting: Definition, Roles, Concepts, and Applications
Standard Costs
Transfer Prices
Summary
From the Paper
"Production costs are also considered in the contexts of full costs, direct costs, indirect costs, job costs, process costs, standard costs, joint costs, and others. These costing concepts are all a part of the cost accounting process. Each of these concepts provides the manager with a different perspective of costs. These different perspectives may provide a means of enhancing the efficiency of an operation, without damaging the integ?rity of the firm, even though most of the costs derived through the application of these concepts of costs will differ from the costs derived through the application of financial accounting concepts. The use of costs derived through the application of these managerial accounting concepts permits managers to make valid and rapid decisions on the basis of performance variances from managerial accounting cost factors or ratios."
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The History of Management Accounting, 2006.
A study providing a review of the relevant literature to identify changes in methods of product costing, investment analysis and organizational performance evaluation.
3,967 words (approx. 15.9 pages), 14 sources, MLA, £ 74.95
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Abstract
The paper is based on work by Robert N. Anthony that identified several significant changes in management accounting in recent years, providing an overview of management accounting and how it is used today. The paper discusses the need to go beyond cost accounting to integrate organization theory, behavioral sciences and information theory in a multidisciplinary approach to facilitate managerial decision-making.
From the Paper
"Clearly, managers today need timely information upon which to base informed decisions, and management accounting represents a solid framework in which this information can be gathered, analyzed, interpreted and communicated to those who are in a position to need to know. Not surprisingly, then, management accounting has become a hot topic in recent years, due in large part by the demands from governmental regulatory agencies such as the Securities and Exchange Commission and Internal Revenue Service, that require specific financial measures to be reported."
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Cost Accounting, 2002.
A review of several articles from the "New York Times" on the subject of cost accounting.
1,998 words (approx. 8.0 pages), 6 sources, APA, £ 43.95
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Abstract
This paper discusses various accounting topics through a review of six newspaper articles. The paper outlines the accountant?s role in an organization, provides an introduction to cost terms and purposes, and describes job costs and cost allocation. Performance measurement, compensation and multinational considerations are illustrated in this paper, as are the issues involved in inventory management and backflushing costing.
From the Paper
"Key Company Assets Moving Offshore" proclaims the title of this recent article from the business section of The New York Times. A casual observer might shrug, but a student of accounting must turn a closer eye to this proclamation that American companies have been rapidly shifting more of their most valuable assets to tax havens, where the companies pay little or no tax on profits. What is so striking about this technique is that instead of simply moving their headquarters offshore, companies are also placing patents on drugs or ownership of corporate logos offshore, thus putting these ?intangible assets? into tax havens as well. (C3)"
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Activity-Based Cost Accounting, 1994.
This paper discusses activity-based cost accounting: Definition, techniques, compared to traditional accounting and use in the corporation.
1,350 words (approx. 5.4 pages), 6 sources, £ 32.95
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From the Paper
"In recent years, activity-based cost (ABC) accounting has challenged traditional accounting methods as the preferred method for internal reporting. Some companies have incorporated ABC to provide external accounting reports, as well. This increase in the popularity of a relatively new technique suggests that the accounting profession as a whole and companies across the business spectrum are recognizing that ABC can offer increased benefits to those organizations willing to take the time to implement ABC systems. This research explores ABC techniques, how ABC compares to traditional accounting methods, and considers the environments where ABC can effectively be implemented."
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Cost Accounting, 2004.
This paper discusses the influence of cost accounting in management decision making at American Airlines.
4,746 words (approx. 19.0 pages), 12 sources, APA, £ 93.95
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Abstract
This paper examines CVP accounting at American Airlines. The author defines HUB operations and relates it to cost analysis.
From the Paper
"There are two basic classifications of accounting systems. One is financial accounting where economic transactions are measured among strict rules so that outside users can compare one company's performance with another's. The other is cost accounting which is designed to serve management. Cost accounting is the art of tracking the source of revenue sand expenses to identify the factors which influence them. This provides management with the information and control needed to maximize profits through decision making ..."
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Production Cost Accounting, 2002.
An explanation of production cost accounting.
1,150 words (approx. 4.6 pages), 4 sources, £ 30.95
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Abstract
This essay determines the total production cost of a given situation and answers how the technique could be used in decision making of leisure centers or hotels.
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Cost Accounting, 1988.
Discusses definition, roles, concepts, applications, cost classifications, standard costs, performance, problems, materials, labor and transfer prices.
3,600 words (approx. 14.4 pages), 13 sources, £ 88.95
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From the Paper
" The purpose of this research is to examine the roles and uses of cost accounting. The concepts involved in cost accounting are also reviewed, and the use of cost accounting in a firm's decision-making processes is assessed.
COST ACCOUNTING: DEFINITION, ROLES,
CONCEPTS, AND APPLICATIONS
In the United States (US), cost accounting is a part of managerial accounting. Where financial accounting is concerned with recording actual financial transactions, managerial accounting is concerned with the discovery of relationships in financial data which enhance managerial decision-making (Garrison, 1986, p. 19)."
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The Introduction of Cost Accounting to the Business World, 2000.
Details how Andrew Carnegie contributed to the "Rise of Big Business" through changing the method of bookkeeping he used in his business.
1,005 words (approx. 4.0 pages), 1 source, £ 24.95
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From the Paper
"Andrew Carnegie?s greatest contribution to the ?Rise of Big Business? was his introduction of cost accounting in the business world. Carnegie changed the method of bookkeeping that had been used by most businessmen since the Renaissance to a more formal and accurate method of accounting. This cost saving method led to the United States becoming an industrial world power because it brought the most trained management and workforce into business."
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