User Account

All Pages

Characteristics of an internal accounting system

Assignment Help Managerial Accounting
Reference no: EM13517599

You are the manager of an accounting department and would like to hire another managerial accountant to focus on internal accounting. The chief executive officer (CEO) is not convinced that a managing accountant position is needed. Prepare a 2-page memo for the CEO on the following:

• Explain the objectives and characteristics of an internal accounting system.

• Include an explanation of the importance of this information to the company.

• Include an explanation of ethics in business and the managerial accountant's role in upholding the code of ethics.

Grading Criteria Percentage

Objectives and characteristics of an internal accounting system

Importance of internal accounting information to the company

Ethics in business and the managing accountants role

Verified Expert

Reference no: EM13517599

Questions Cloud

Explain what spectral features including mass spectrum : What spectral features including mass spectrum, proton spectron, carbon spectrum and IR spectrum allow to distinguish between eugenol and acetyleugenol
What is the force on the electron at this instant : A long straight wire carries a 40.0 A current in the +x direction. What is the force on the electron at this instant
What nonfinancial factors should management consider : What nonfinancial factors should management consider in making its decision on whether to accept or reject a special order?
Explain which is more deshielding to surrounding protons : which is more deshielding to surrounding protons, a carbon double bonded to oxygen (a carbonyl group) or a benzyl substituent
Characteristics of an internal accounting system : Explain the objectives and characteristics of an internal accounting system - include an explanation of the importance of this information to the company.
Explain what should measure as the e of the impure compund z : If the purity of compounhe Z is 87% and the reed value for its molar extinction coefficient is 9200M-1 cm-1 at 605nm. What should measure as the E of this impure compund Z
Explain when another cell is composed of a ag : When another cell is composed of a Ag(aq) 1.0 molL-1 Ag(s) half-cell and a Zn2+ (aq 1.0 molL-1)/ An (s) half-cell, the cell emf is measured to be 1.56 V, and the Zn2+ (aq)/Zn(s) half-cell is the anode. What is the reduction potential of the Zn2+ (..
Evaluate the mass of pbso4 formed : When Aqueous solutions of Pb(NO3)2 and Na2SO4 are mixed, a precipitate of PbSO4 is formed. Calculate the mass of PbSO4 formed when 655 mL of 0.150 M Pb(NO3)2 and 525 mL of 0.0751 M Na2SO4 are mixed.
Determine the angular velocity of the circular motion : The distance between the endpoints is 2.79m and exactly 8 cycles are completed in 22.0 seconds. what is the radius, (in meters) and angular velocity of the circular motion

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Define condensed monthly income data

Build a spreadsheet: Construct an excel spreadsheet to solve all of the preceding requirements. Show how the solution will change if the following information changes: the downtown store's sales amounted to $235,000, and its variable expenses were..

  What would be the impact of doubling operating earnings

Which of the following management tools are used in the manufacturing cycle of the value chain?

  Total cost of production

Fox's Fin Furs (FFF) estimates that its total cost of production is TC = 125 + 100Q + 25Q^2. Furs sell for $1,100 each. To maximize profits, how many furs should FFF sell?

  Detailed explanation to management

As you run the simulation keep track of your decisions and keep track of the results - both financial and marketing. You can copy and paste the results into Excel or into a Word document.

  Describing the allocation of overheads

ABC currently employs traditional costing procedures, applying $410,000 of overhead to products X and Y on the basis of direct labor hours. The firm is considering the shift to activity-based costing and creation of individual cost pools that will..

  What rate of interest should jane use to capitalize

Jane Construction Company is building an office building for speculative purposes. That is, the Company has not yet found a buyer for the building, but expects to do so within a few months. Jane, who expects to spend about another two years to com..

  Key variances between budgeted and actual results

Calculate the flexed budget and the key variances between budgeted and actual results and reconcile the original budget and present the relationship between the budgeted and the actual profit for the month November

  Calculte the folowingn1 gdp in income approachnbsp and

calculte the folowingn1 gdp in income approachnbsp and expenditure approach2 gnp3 net gnp4 national income5 personal

  Finding optimal price and output levels

Currently the total cost is given by TC = 100 + 10Q +Q^2 for sale shoe manufacturing company. The demand equation is given by P =-5Q +130.

  Contrubition margin will decrease as perent of sale

Contrubition margin will decrease as perent of sale is this true or fales and why - variable expenes increase as percent of sale then the

  Use a selected company or your current work environment to

use a selected company or your current work environment to identify at least one cost or expense that would fit under

  Determine the percent of unused indirect labour

Determine the per cent of unused indirect labour compared to available indirect labour hours. Draw conclusions from this analysis.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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