The chartered institute of management accountants

Assignment Help Accounting Basics
Reference no: EM131048896

The Chartered Institute of Management Accountants (CIMA) has warned that linking directors' pay to EPS or return on assets is open to abuse, since these are not the objective measures they might appear.

(a) Can shareholders rely on the ASB to prevent abuse? Discuss.

(b) Identify five ways in which the directors might manipulate the EPS and return on assets without breaching existing standards

Reference no: EM131048896

Questions Cloud

The nature of the market capitalisation figure : It has been suggested that ‘changes in market capitalisation from period to period should be the subject of comment [and] it would be sensible for investors to be guided on the nature of the market capitalisation figure and to be given an indicati..
What about reverse lookup as in the previous exercise : What is the relationship between a domain name (e.g., cs.princeton.edu) and an IP subnet number (e.g., 192.12.69.0)? Do all hosts on the subnet have to be identified by the same name server?
Calculate the labor force participation : Assume that there are only two types of employment: full time and part time. Everyone who is not employed is unemployed. Calculate the Labor force participation and ii) unemployment rate. Show all your calculations.
Write summary of market entry and monopolistic competition : Write a summary paper about the Chapter 26 Market Entry and Monopolistic Competition. Describe and explain the effects of market entry. List the conditions for equilibrium in monopolistic competition.
The chartered institute of management accountants : The Chartered Institute of Management Accountants (CIMA) has warned that linking directors' pay to EPS or return on assets is open to abuse, since these are not the objective measures they might appear.
How does the name server hierarchy relate to zone hierarchy : how does the name server hierarchy relate to the zone hierarchy
Employee training and development : Directions: Be sure to save an electronic copy of your answer before submitting it to Ashworth College for grading. Unless otherwise stated, answer in complete sentences, and be sure to use correct English, spelling, and grammar. Sources must be c..
Criticism of the effectiveness of non-executive directors : There has been much criticism of the effectiveness of non-executive directors following failures such as Enron. Some consider that their interests are too close to those of the executive directors and they have neither the time nor professional su..
Annotated bibliography of articles- community interpreting : Prepare an Annotated bibliography of given articles- Community interpreting services by marriage migrants for marriage migrants in South Korea

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

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

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

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.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

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 and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

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