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Required: Prepare a 2,000 word literature review on a specific management accounting technique of your choice (standard costing) Additional Information: You should study at least three papers, published in peer-reviewed, academic journals, on a specific management accounting technique of your choice (standard costing). You are encouraged to discuss the appropriateness of your selection with your seminar tutor, or with the lecturer during Q&A sessions / office hour sessions. The requirement is for you to write a 2,000 word paper comparing and commenting on the papers you have read. Your commentary should include an assessment of the assumptions underlying each paper, whether each is rational, interpretive or socio-political in nature. Sources of data Your research should consist of a review of papers published in relevant journals, available through the university library, including (but not limited to) the ones recommended for this course Topics Your topic may be any relevant management accounting technique, (standard costing)
Learning Outcomes to be Assessed · Evaluate and apply contemporary theory and evidence to management practice.
· Understand the importance of both ethical and methodological assumptions for framing accounting knowledge and practice.
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
Simple Interest, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
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