Evaluate the criteria or mechanisms used by the organisation

Assignment Help Financial Accounting
Reference no: EM13495530

For this module, you are required to complete a course project that reveals mastery in application of the management accounting and finance concepts emphasised in the course. This involves reporting on a specific organisation within an industry and the management accounting and finance practices that affect the value of the chosen firm or industry.

This project should be a formal business report that provides both specific processes and strategies involving budgeting, costing, capital decision making, capital acquisition, and cost of capital structure of the chosen firm. These processes and strategies are to be supported with management accounting concepts.  For this project, you will select a company that you are familiar with or work for.

The task is to hand in the outline of your Project Report and to begin revisions as soon as you receive feedback from your Instructor. The outline should not include detailed sections of the Final Project.

Instead, it should be a specific and crisp overview of the contents that will comprise the final report, which will provide a detailed account of the five tasks listed below.

1.Assess the budgeting process and procedures for the organisation with regards to preparation techniques, uses for evaluation, differences between business units/divisions, etc.

2.Analyse how the organisation collects, stores, and prepares management accounting information, particularly the use of a management accounting system (MAS) and how information is disseminated throughout the organisation.

3.Evaluate the costing process and procedures of the organisation with respect to method or approach utilised.

4.Assess the capital decision making process within the organisation with regards to what methods are utilised, how such methods are chosen, how projects are selected and managed, and what measures are employed to evaluate performance.

5.Evaluate the criteria or mechanisms used by the organisation for deciding how best to acquire capital and analyse the capital structure of the company.

The annotated outline should address each of the tasks listed above. You need to briefly describe what information you will include in each section of the report that will satisfy these requirements. The work that will be carried out in the outline should represent a higher-level view than the contents of the Final Project.

 

 

Reference no: EM13495530

Questions Cloud

Explain a lactic acid/lactate ion buffer solution : A lactic acid/lactate ion buffer solution contains 0.24 M HC3H5O3 and 0.82 M C3H5O3^-, respectively. The Ka value of lactic acid is 1.4*10^-4. Calculate the of this buffer. Express the pH numerically.
Calculate the minimum distance from the start to the goal : Calculate the minimum distance from the start to the goal with passing all the checkpoints -Specification * A map consists of 5 characters as following.
Explain what is the value for the equilibrium constant : What is the value for the equilibrium constant (K = KP ) at 1200 K for the reaction: 2HBr +1/2O2 ?? Br2 + H2O. b) What is the value of ?rG? at 1200 K temperature for the reaction in a)
Explain fuel consumed and combustion is assumed complete : Ethane enters furnace at 0.9 kg/min and burns with 200% excess air. 50% of fuel is consumed and combustion is assumed complete (meaning no CO is produced). Find the flow rate of Oxygen, Nitrogen,
Evaluate the criteria or mechanisms used by the organisation : Assess the budgeting process and procedures for the organisation with regards to preparation techniques, uses for evaluation, differences between business units/divisions, etc.
Explain how to analysis a compound : The analysis of a compound shows that it contains 20.0% H and 80.0% C. The empirical formula is:
Work out a selling price based on a cost plus approach : In this coursework you need In Excel produce firstly a zero based budget (ZBB) and then produce a costing for the business game product using absorption costing.
Explain what quantity of energy in joules is released : The freezing point of mercury is -38.8 C . What quantity of energy, in joules, is released to the surroundings if 1.00 mL of mercury is cooled from 23.0 C to -38.8 C and then frozen to a solid
Explain the numerical value of the density of the metal : A graduated cylinder contains 24.7 ml of water. After adding 32.56 grams of a solid the volume reading of the cylinder reads 38.9 ml. The numerical value of the density (assuming proper units) of the metal is

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd