Explain role of accountants and accounting practices

Assignment Help Managerial Accounting

Reference no: EM13184248

'Accountants and other members of the management team searching for means of understanding and improving standard setting and budgeting; must therefore see the process in its entirety and respond to it as a complex human and technical problem rather than one standing in technical isolation'

From Hopwood A. (1976), Accounting and human behaviour, Prentice Hall, Contemporary topics in accounting, New Jersey

Critically evaluate the above statement and explain the role of accountants and accounting practices in managing contemporary organisations. Propose a theoretical framework that could be used to support your argument / perspective.

Reference no: EM13184248

Questions Cloud

Explain what are the p v and t values of the final state : What are the p, V, and T values of the final state of the same perfect gas after an adiabatic expansion to a final pressure of 0.100bar that follows the gas law: PV^(5/3)=constant

Which instrument are domestic consumers likely to prefer : You have learned that a subsidy is preferable to a tariff if the objective is to generate a given amount of employment in an individual industry. Explain this point in language understandable to someone untrained in economics.If you were an import..

Is scenario a macroeconomic or microeconomic supply : Explain the changes in the supply and demand creating a supply and demand curve based on the above information. In this graph, be sure to demonstrate how these changes affected the price and quantity levels of supply and demand. Based on this anal..

Restrictive covenant with a previous employer : What should an employer do if someone that the employer wants to hire is a party to a restrictive covenant with a previous employer?

Explain role of accountants and accounting practices : Explain the role of accountants and accounting practices in managing contemporary organisations. Propose a theoretical framework that could be used to support your argument / perspective.

Status of afro-latin american or afro-latino communities : Proposal for strategies/initiatives to improve the status of Afro-Latin American or Afro-Latino communities in one of the areas listed below. The strategies/initiatives that you propose may be spearheaded by the government, Afro-Latin Americans/Afro-..

Determin price elasticity of demand in the general public : Your firm spent $100 million developing a new drug. It has now been approved for sale, and each pill costs $1 to manufacture. Your market research suggests that the price elasticity of demand in the general public is What price do you charge the p..

Potential purchase of a business : On hearing that you are undertaking a subject in accounting as a part of your degree you are approached by a friend, Michael Graham, to give him advice regarding the potential purchase of a business.

Ratio of tris to tris-hcl in the resulting buffer solution : Use Henderson-Hassalbach equation. The pKa of Tris-HCl is 8.1. After you have added 1 N HCl to adjust the pH of the Tris solution to 8.1, what is the ratio (in mmols) of Tris to Tris-HCl in the resulting buffer solution?

User Account

All Pages