choose, define, and restrict a topic based on a problem or issue you might deal with in the accounting division of a company.
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choose, define, and restrict a topic based on a problem or issue you might deal with in the accounting division of a company.
Discuss the steps you take to narrow the topic, the audience you would be writing for, and the types of questions that audience may have
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- External users of accounting information would include ________________. employees managers investors supervisorsPlease assist with addressing the two topics below. Describe at least two potential positions related to managerial accounting that you personally found to be interesting and explain why they were noteworthy to you. Include a link to the job posting or job description. Compare these positions and job descriptions to those that require a background in financial accounting. Are they similar or different? Thank you!Where in the financial statements would a user find out which accounting policies management has selected to use? O Statement of Management Responsibility Notes to the Financial Statements Auditors' Report O Management Discussion and Analysis
- What variables should accountants take into account while developing a company's PPE accounting policy?Identifying users of accounting information For each of the users of accounting information, identify whether the user is an external decision maker (E) or an internal decision maker (I): Customer Company manager Internal Revenue Service lender Investor Controller Cost accountantWhat is the role of accounting and accountants? Include answers to the following two questions in your explanation: What is the difference between financial and managerial accounting? What is the difference between public and private accounting? Provide specific examples from your experience and/or this week's readings to support your ideas.
- Distinguish between managerial and financial accounting in terms of the key consumers of their accounting information, the demands of managers or investors, and the consistency and usage of accounting reports.The person MOST likely to use management accounting information is a: Select one: O a. banker evaluating a credit application. Ob. shareholder evaluating a stock investment. Oc assembly department supervisor. Od. governmental taxing authority.Management accounting can be customized to the specific firm for which the information is being prepared. Why is this an important characteristic of management accounting? Why can’t financial accounting also be customized?
- Distinguish between Managerial Accounting and Financial Accounting with respect to the primary users of their accounting information, the needs of managers or investors and the regularity of the accounting reports and their use.Discuss the role of management accountant in the current business environment. Your answer should include a discussion, with illustration, on how the management accountants support the management functions.how managers (internal user) and customers (external user) use accounting information? Give one real-life example for each user
