What are the cons of publishing companies annual budgets

Assignment Help Managerial Accounting
Reference no: EM132998313

Problem 1: Companies listed in the U.S. stock market are not required by the accounting standards or by law to prepare and publish annual budgets. Federal, state, and local governments, on the other hand, are required by law to publish their annual budgets. Discuss whether there should be an accounting standard or law requiring public companies to prepare and publish their annual budgets. What are the pros and cons of publishing companies' annual budgets?

Reference no: EM132998313

Questions Cloud

Is a review an employee event or an external cultural review : Is a review an employee event or an external cultural review event?
Client-server network system and an internet system : Describe some of the differences between a client-server network system and an Internet system? (In APA Style)
Explain why some organisations collect customer feedback : Explain why some organisations collect customer feedback then fail to act on it.
Managerial practices and strategies : What are some of the managerial practices and strategies used to connect value to quality?
What are the cons of publishing companies annual budgets : What are the pros and cons of publishing companies' annual budgets? Companies listed in the U.S. stock market are not required by the accounting.
Describe and explain the purpose of exploratory : Describe and explain the purpose of Exploratory, Descriptive, Explanatory (or causal) and Predictive research
Evaluate why use ratios to analyze the financial statements : Evaluate why we use ratios to analyze the financial statements of organizations. Discuss the interpretation and implication of those numbers.
Explain golf ball market : Besides the market survey results, what other considerations might enter your decision on whether to enter the golf ball market?
What is the minimum price that should quote biscuits : If Bones is operating below capacity, what is the minimum price that it should quote Biscuits per sack of bone meal to maximize GGP's profits?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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