Explain specific cost accounting system organization utilize

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Reference no: EM131609820

Financial Management Assignment

Cost Accounting System Paper

Unit outcomes addressed in this Assignment:

• Differentiate among the general types of cost behavior.
• Propose a rationale for cost allocation in healthcare organizations.
• Apply break-even analysis.

Course outcome addressed in this Assignment:

Describe the overall planning process and the key components of the financial plan.

Instructions

Write a 700- to 1,000-word paper identifying the specific cost accounting system an organization utilizes and how it uses the accounting information for financial management. Your paper must include the following:

• Descriptions of the cost accounting system used in the organization

• Pros and cons of this cost accounting system

• Descriptions of how the organization uses the accounting information for financial management improvement recommendations for your organization's accounting system

• Include at least five references

• At least two of the five references must be (peer-reviewed) references

A peer-reviewed reference is any source that has gone through some kind of peer-review, which means that it has been checked out by other professionals in the field to confirm its quality.

Peer -reviewed sources include:

* Articles in academic journals
* Textbooks from reputable publishers
* Some websites from reliable sources (e.g. government departments, universities, etc).

Examples of Peer-Reviewed References in APA format:

Baker, J. J., & Baker, R. W. (2009). Healthcare Finance. New York, NY: Jones & Bartlett Publishers.

Groppelli, A. A., & Nikbakht, E. (2006). Finance. New York, NY: Barron's Educational ChowdSeries

Gul, S., Sajid, M., & Razzaq, N. (2012). The relationship between dividend policy and shareholder's wealth. Economies and Finance Review,2(2), 55-59.

Chowdhury, A., & Chowdhury, S. P. (2010). Impact of capital structure on firm's value: Evidence from bangladesh. Business and Economic Horizons, 3(3) 111-112.

• Format your paper according to APA 6th standards.

Reference no: EM131609820

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