Discuss the need for management accounting information

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Discuss the need for Specialised Healthcare Provision for those in Higher Education

Discuss the need for Specialised Healthcare Provision for those in Higher Education

Developing such pro-active attitudes towards their health helps put an emphasis on wellbeing as opposed to illness and bodes well for the remainder of their lives. The NHS have a dedicated student health section on their website which has information and articles on key issues pertinent to young people as well as links to external organisations who specifically cater for this audience (NHS Live Well, 2015). It links to a website on which students can mail their problems and have a response published on the problem page (StudentHealth.co.uk, 2005). Having attempted to trial this facility, I have found a technical fault which does not allow submission of a problem so although in theory, this may appear a good idea as it enables a student to submit a problem anonymously which they may not wish to speak about with anyone else, I would be concerned about regulating responses and the legal implications of any advice which is given.
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International Management Accounting Information System

International Management Accounting Information System

With increasing globalization of the marketplace, international investors need access to financial information based on harmonized accounting standards and procedures. Investors constantly face economic choices that require a comparison of financial information. Without harmonization in the underlying methodology of financial reports, real economic differences cannot be separated from alternative accounting standards and procedures. Harmonization is used as a reconciliation of different points of view, which is more practical than uniformity, which may impose one country’s accounting point of view on all others. Organizations, private or public, need information to coordinate its various investments in different sectors of the economy. With the growth of international business transactions by private and public entities, the need to coordinate different investment decisions has increased. A suitable accounting information system can help multinational enterprises accomplish their managerial functions on a global basis. Further, standardization the manner in which reports are prepared can greatly enhance the value of accounting systems to their users and increase transparency to investors and regulators.
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Comparative Studies of the Use of Management Accounting Information

Comparative Studies of the Use of Management Accounting Information

3. Empirical research of the use of management accounting information 3.1. Aim of the paper and research methodology In Romania and Poland, management accounting has been practiced and taught in universities for a relatively short period of time, due to the fact that the market economy was introduced to this region only in the 1990s. It was then that local companies discovered the need to take advantage of management accounting. Yet, as regards foreign companies operating in CEE through affiliates and branches, strategic decisions are taken by the head office. Hence, at local level, there is no need to use a wide range of management accounting tools that would support, among others, those decisions (see Grosu et al., 2014; Albu and Albu, 2012; Szychta, 2002).
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Managerial Decision-making and Management Accounting Information

Managerial Decision-making and Management Accounting Information

2.1.1 Research philosophy and approach Research philosophy forms the outermost layer of the research onion. In general, phi- losophy can be defined, as the questioning of the basic fundamental concepts and the need to embrace a meaningful understanding of a particular field. (Burke, 2007) The research philosophy comprises important assumptions about the way people view the world and the relation to the development and nature of knowledge. Generally, there are three main ways of thinking about research philosophy: epistemology, ontology and ax- iology. Epistemology relates to what constitutes acceptable knowledge in the field of study. Ontology studies the questions of the assumptions researchers have about the way the world operates and the commitment held to particular views – the nature of reality. Axiology is concerned with judgements about values. It would be misleading to assume one research philosophy is better than the other, they are better at doing differ- ent things. Hence, the adoption of the right research philosophy depends on the research question that a researcher is seeking to answer. However, the practical reality is that a particular research question rarely falls neatly into only one philosophical domain.
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Commissioners Discuss Their Roles and Improvements in Management

Commissioners Discuss Their Roles and Improvements in Management

That being said, researchers think it’s possible for dogs to get the nutrition they need on a vegan diet. What’s critical is that dogs eat high-quality food sources that are formulated to meet their nutrient requirements, and this may be able to be accomplished with vegan ingredients. Since dogs do need a lot of protein, vegan diets need to be more carefully crafted to meet that goal. Pet owners who want to provide a vegan diet for their dog friends should do their homework. A website program called balanceit.com can help dog owners to get a balanced, safe, and complete homemade diet incorporating vegan products.
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Chapter Discuss Discuss Recognize Recognize Describe Describe Identify Discuss Discuss Identify Describe Describe Discuss Discuss Identify Describe

Chapter Discuss Discuss Recognize Recognize Describe Describe Identify Discuss Discuss Identify Describe Describe Discuss Discuss Identify Describe

A boost velocity of about 18,400 mph is needed to hurl a vehicle to an apogee of 1,000 NM. After burnout, the vehicle coasts outward along an ellipti cal path, moving slower and slower as gravitational pull gradually overcomes the force of the launch. At its planned 1,000-NM apogee, it will have a speed somewhat less than 15,000 mph and will begin to lose altitude. Sliding down the far side of the ellipse, it will move faster and faster as it approaches closer and closer to earth. It will then whip around perigee at top speed. Perigee in this case will be at the injection altitude of 100 NM and at the injection velocity of 18,400 mph. The vehicle will then begin another climb toward its 1,000 NM apogee. Dis counting the slowing effect of faint atmospheric resistance at perigee, it will keep on swinging around this ellipse indefinitely without the need for burning an ounce of propellant.
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Practical implications of management accounting information : a personal journey

Practical implications of management accounting information : a personal journey

On the other hand, there is no difference in terms of the “very useful” MATs for small service activities compared to small manufacturing sector. Cash flow statement analysis is still the best and the most essential among the tools. Cash flow is the key determinants of the value of the firm (Gitman and Zutter, 2012). Managers placed more emphasis on cash flows. Sufficient flow of cash is necessary because whether they earn profit or experience loss, they need to meet their obligations as they come due. Unfortunately, product or service cost information did not materialize its usefulness for them unlike in the manufacturing sector it was considered as a “useful” MAT but now it was considered as “less useful” for the former. Companies have costing systems that are either job order or process costing system. Service sector assigned cost to service using job and it is often a single unit, unique and distinct from other customers. It is more easier to determine the cost of the job because it did not require an extensive analysis of collecting and assigning cost to service.
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STRATEGIC MANAGEMENT ACCOUNTING INFORMATION ELEMENTS: MALAYSIAN EVIDENCE

STRATEGIC MANAGEMENT ACCOUNTING INFORMATION ELEMENTS: MALAYSIAN EVIDENCE

Strategic management accounting (SMA) since being coined in the early eighties has been described as management accounting information that aids organisations in monitoring the success of their strategic pursuits (Simmonds, 1981). Simmonds in his series of writing (1981; 1982; 1986) had conceptually emphasised the requirements of management accounting information that enables an organisation to monitor the achievement of its strategy relative to their competitors in the market place. He maintained that sustainable competitiveness is an outcome of the organisation’s ability to counter its core competitors’ moves and thus there is a need for financial information about competitors. Rangone (1997) concurred that information about major competitors is crucial in fulfilling strategic goals and enhancing organisational effectiveness. It was suggested that organisation carried out a crude form of competitor analysis in their quest for competition in the market place which was not made apparent among researches (Collier and Gregory, 1995; Guilding, 1999; Palmer, 1992). This demonstrates the importance of competitor information in developing and monitoring an organisation’s strategy and it needs considerable attention. Bromwich (1990) further broadened the concept to product market information. He argues that the importance of product attributes as a source of winning customers’ in the product market and emphasises product life-cycle costing and attribute costing to create a competitive advantage. Looking from a marketing perspective, Roslender and Hart (2003) saw SMA’s potential in aiding organisation’s efforts towards their sustainable competitive advantage through brand value management and supporting strategic marketing efforts.
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The Strategic Need For Information Management and Technology

The Strategic Need For Information Management and Technology

How the Trust services are commissioned and measured is continuing to change with the introduction of payment by results (PbR) for mental health and the shift of commissioning responsibilities to Clinical Commissioning Groups (CCG’s). This has created new challenges for the Trust. Understanding how big data can support these challenges is central to having a fit for purpose Informatics service to underpin service delivery and support operational services, to have the right information available to the operational services when they need it to inform patient assessment and care. Additionally this supports the need to respond to key stakeholder demands including improved outcomes, accessibility, communication and information in response to findings of recent reviews that have highlighted issues with availability of information and data quality. The Trust must use information to drive service delivery and change, and utilise technology to give frontline services the tools that they need to do their job wherever it is required to be undertaken.
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Accounting and Management Information Systems 1. Accounting and Management Information Systems. African American and African Studies

Accounting and Management Information Systems 1. Accounting and Management Information Systems. African American and African Studies

Prereq: Admission to B.S.Ed, M.Ed., EHE major, or permission of instructor. Not open to students with credit for 642. 3 5453 Critical Literacy in Content Area Classrooms U G Teaches teachers to provide the support many students need throughout their schooling to develop their literacy skills in content areas; recognizing that learning the discourses of various fields and genres is a life-long endeavor.

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Accounting information systems in business management

Accounting information systems in business management

• more flexible pricing, flexible response to market changes, • total saving time by improving the efficient management at various levels of organizational structure. Communication with the Finance Director of researched company brought findings, that the current system clarify information about flows and processes in the company. All subsystems are interconnected and managers have greater insight about what is happening in every department. Implementation of the current solution decreased operating costs, as well as consumption of material inventories and expenses in administration. Managers obtain the necessary information quickly and easily, directly from the information system. Despite the above mentioned positives, we have also identified some negative aspects. In the view of Finance Director, it is necessary to fill out the decision-making process. The company will need to add into the information system a module ensuring a more sophisticated selection and presentation of information. A module which is enable to make an economic and financial analysis, to plan a financial position, to make a business strategy and development alternatives, to show strengths and weaknesses.
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Accounting information. for. operations management decisions

Accounting information. for. operations management decisions

46 Chapter 3 In the management accounting literature there is an ongoing discussion about dealing with short-term and long-term decisions in a consistent way. Management accounting emphasises that relevant costs and revenues are those that differ between alternatives and these are specific for a particular decision in a certain situation at a specific moment. Sometimes many costs and revenues can be considered to be relevant (‘long-term decisions’) and other times few costs and revenues matter (‘short-term decisions’). So, for each decision the relevant financial consequences should be determined. However, some authors argue that such a strict separation of different decisions may not be realistic and short-term and long-term decisions interact. 6 The accumulation of several short-term decisions may have a long-term impact that is not in line with long-term preferences. The point is especially clear when long-term and short-term decisions are contradictory. Imagine, for example, that the full costs of making a component are above the purchase price of the same component, suggesting that in the long run the component could better be purchased outside. However, the short-term relevant costs could very well be below the purchase price, because many costs are unavoidable in the short-run. How can the organisation ever achieve a change in the long run (e.g., one year), if in the short-run each time (say, every month) a decision is made to maintain the status quo? In other words, accounting information could direct to different decision-alternatives when decisions are taken independently, as opposed to the direction accounting information would suggest when those individual decisions are considered as a whole. The issue is addressed in the literature mostly in an anecdotal or even emotional way, without clear conceptual resolution. See, e.g., Kaplan et al. (1990), Cooper (1990), Shank and Govindarajan (1989), Bakke and Hellberg (1991), and Wouters (1994). For example, Shank in Kaplan et al.
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Accounting in the integrated management information system

Accounting in the integrated management information system

system, it must have target system. In the narrow sense, it should be clear that the target system must be a business operation. Other non-accounting aspects of business operations are covered by other information systems such as human resources, information systems, management information systems, manufacturing systems, strategic planning system, etc. Main system in accounting information system it must have concection with the accounting aspects of the assets and liabilities of the company, results of operations that result in revenue and the aspects of financial reporting. The information system is different from other types of systems in a way of his purpose to record and document the operation of another system. The second system is the target system. The information system can not exist without the target system. For example, the activities of information systems, human resources and operations conected with them by aim of information system of human resources and so on.In a sense, every reactive system will have a subsystem which can be considered as an information system which aims is to monitor and control such a reactive system. The system is a set of interdependent components (some of which are the system), which correctly can achieve certain purpose.
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MANAGEMENT COMMITMENT AND ACCOUNTING INFORMATION SYSTEM

MANAGEMENT COMMITMENT AND ACCOUNTING INFORMATION SYSTEM

Figure 1: Framework Mind CONCLUSION Management commitment influences the accounting information system. If the accounting information system is not committed, the management does not work optimally and will influence the decisions of top management because during this time the management is not committed to the maximum in conducting a review of the accounting information system maintenance activities. Top management should be responsible for developing a long-term strategic view on a change in the organization, which is responsible for managing the change and pay full attention on issues of human and organization and how information systems can affect the way in which the work is organized. This indicates that the internal control system that controls the organization as an accounting information system, should be running as it should be. Commitment of top management is the most important criteria for the assessment of the success or failure of implementation of accounting information systems, because by having a strong commitment of the top management will be easy to overcome the deficiencies in the implementation of the accounting information system.
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The need for ethics in accounting

The need for ethics in accounting

To rebuild trust, accounting companies must pave the way to greater accountability by instilling a professional tone at the top of management, creating a work culture with open com[r]

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Accounting information system versus management information system

Accounting information system versus management information system

It is possible to re-engineering the accounting process as well as production process. For example, an order- ing process is a good model for change. In some insti- tutions a long time is spent in order to complete the order of each customer. This time can be reduced by using re-engineering the whole process of the produc- tion. For example, order processing consists of several separate steps in which the order form is transmitted from person to person. Each employee is doing a small part of the duties for each order. When an em- ployee performs only a limited set of tasks, he becomes completely efficient. But it is true that although this will increase the efficiency, but on the other hand, it wastes the time during the transmission of order from individuals or groups of individuals toother individu- als. By using the re-engineering of order process, it is possible to give the responsibility of processing a set of orders to one person from beginning to end. This is not only save the time but also identifying the re- sponsible for each order is possible. Moreover, when a customer wants to control a specific order, there is just one responsible person for that order and that respon- sible person can identify the situation of specific order (Moscove, 1997).
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Accounting information system versus management information system

Accounting information system versus management information system

Another concept that is associated with AIS is re- engineering. Re-engineering is defined simply as start- ing from the zero (nothing). For companies, it requires an understanding of the work processes and the goals and objectives of the organization, and drawingthe ex- isting methods to redesign them. Managers are often engage in excessive detail and management crisis and in fact, they cannot see the forest due to existence of trees. Re-engineering helps the management to ask himself how he can improve a specific process or is it necessary that a process be in current situation or not? It is possible to re-engineering the accounting process as well as production process. For example, an order- ing process is a good model for change. In some insti- tutions a long time is spent in order to complete the order of each customer. This time can be reduced by using re-engineering the whole process of the produc- tion. For example, order processing consists of several separate steps in which the order form is transmitted from person to person. Each employee is doing a small part of the duties for each order. When an em- ployee performs only a limited set of tasks, he becomes completely efficient. But it is true that although this will increase the efficiency, but on the other hand, it wastes the time during the transmission of order from individuals or groups of individuals toother individu- als. By using the re-engineering of order process, it is possible to give the responsibility of processing a set of orders to one person from beginning to end. This is not only save the time but also identifying the re- sponsible for each order is possible. Moreover, when a customer wants to control a specific order, there is just one responsible person for that order and that respon- sible person can identify the situation of specific order (Moscove, 1997).
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Accounting Basics. Important Disclaimer. The Need for Accounting

Accounting Basics. Important Disclaimer. The Need for Accounting

ASSETS = LIABILITIES + OWNER’S EQUITY Since the company borrowed money from the bank, the $5,000 is a liability for the company. In addition, now that the company has the extra $5,000, this money is an asset for the company. If we were to record this information in our accounts, we would put $5,000 in an account called Loan Taken from the Bank, and $5,000 in an account called Cash Saved in the Bank. The former account will be a Liability and the second account would be an Asset. As you can see, we created two entries. The first one is to show from where the money was received (i.e. the source of the money). The second entry is to show where the money was sent (i.e. the destination of the money received).
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Accounting Information and Management. PhD Program Guidelines

Accounting Information and Management. PhD Program Guidelines

Develops a set of theorems that provides new insights into these problems Demonstrates the ability to prove original, and correct, theorems of interest to accounting academics The student is required to present the summer paper to the AIM faculty in a 60 minute workshop no later than December 15 of fall quarter of the second year. The paper is to be original but the benchmark is that it demonstrates the student’s ability to conduct academic research and not that it necessarily be of publishable quality. In other words, the paper must be more than a replication of an existing study but need not pass the test of potential publishability in a top tier journal. Tenured and tenure-track members of the AIM faculty attending the workshop assess the quality of the summer paper. The student’s advisor and the DGS must both indicate their acceptance of the student’s work on the form provided (see form attached as exhibit B).
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Accounting and Management Information Systems Course Descriptions

Accounting and Management Information Systems Course Descriptions

Prerequisite: MIS 215 MIS 351: MIS Cooperative Work (0-0-6) A 28 week industry-based learning for MIS students to get practical experience in the area of Management Information Systems with reputable business organizations as approved by the Department and guided by a coop advisor. Evaluation of performance through submission of progress reports, employer’s feedback, final report, and presentation. Student’s defense of his coop work by a panel of faculty members inclusive of the coop advisor.

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