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Problem - You will explore the profession of accounting, from the perspective of managerial accounting work and careers. Below is some information that can get you started, though you will need to do some additional research on your own. You can use the library, the Internet or interview a managerial accountant to access additional information. Create a written document in proper form that includes the following:
What is managerial accounting?
What is the difference between managerial and financial accounting?
Who are the users of financial accounting and managerial accounting information?
How is managerial accounting information used to make decisions?
Identify some different jobs someone with a managerial accounting education/experience can engage in.
What is the IMA Statement of Ethical Practice and how does it impact the behavior of an accounting professional?
Describe the CMA certification for Managerial Accounting Professionals.
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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