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Question - In this reflective report, you will be discussing about your learning experience in this unit, the relevance of the unit material and assessments in the unit to your understanding of management accounting in general, and your understanding of how management accounting concepts and techniques assist managers in making decisions to real world business problems. Specifically, you are to provide reflections or comments on each of the following:
1. Comment on what knowledge you have gained about managerial accounting and how will it be useful to you in your future?
2. Comment on what you learned from the individual assignment. What was interesting and what did you learn from it?
3. Comment on what you learned about the various management accounting concepts and techniques that will assist managers in making decisions to real world business problems. What concepts and techniques you found interesting and what did you learn from it?
Financial Statement Analysis and Preparation
Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?
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 and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.
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 Ltd
Prepare the journal entry to record the acquisition of the assets.
Prepare general journal entries to record the transactions, assuming use of the periodic inventory system
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 Framework's perspective of users and their decisions.
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
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