Category: Accountancy

Factors Affecting the Use of Strategic Management Accounting Introduction Over the last three decades, there has been a tremendous increase in the number of innovative management accounting (MA) techniques developed across a wide range of industries(Abdel-Kader and Luther, 2008). Abdel-Kader and Luther, 2008, go further to explain that these new techniques have in the end…

The Charter Companys Accounting Issues The Charter Company, which is a cable TV service provider, has challenges in maintaining its cash flow and the CEO decided to misrepresent its customer base, incorrectly capitalize costs, and manipulate the billing rates. After making these efforts, the CEO realized that the company was going to miss its projected…

Relevance and Reliability in Accounting for Intangible Assets Asset accounting is an important process for every organization because it allows for assessing financial health and making appropriate decisions. One should explain that intangible assets are non-physical and long-term assets that are consumed over a few accounting periods (AccountingTools, 2022). When a firm reports its intangible…

Why Accountancy Is a Worthy Occupational Choice? Accounting can be a fascinating job, and its scope instills both fear and amazement. It concerns working with an organizations finances, which involves making constant calculations and reports. Despite the adoption of technologies, accountants remain in demand, as any establishment, regardless of size, requires a person overseeing the…

PepsiCo Inc.s Accounting Project I would consider investing $10,000 in PepsiCo Inc. due to various reasons. The company has a high current ratio of 0.984. The ratio indicates that the company has a greater ability to meet its short-term obligations. The company can maximize its current assets to satisfy its short-term debts and payables. It…

Strategic Management Accounting and Balanced Scorecard Application Introduction A strategy is a plan of action by an organization on how it intends to achieve its goals with the aim of profit maximization. It could happen due to the events or the happenings in the market. The emergence of a strategy might be as a result…

Managerial Accounting: Tools for Business Decision-Making Absorption, variable, and throughput costing are three approaches to assigning costs to report income statements in managerial accounting. These approaches differ in the ways they treat products and cost periods. For example, external reporting is usually based on absorption costing to prepare financial statements, which implies accumulating all the…

Modern Jobs: Bookkeeping, Accounting, and Copywriters Bookkeeping, Accounting, and Auditing Clerks These jobs are three of the most important in the company. Any company of whatever industry always fills these positions as soon as the company operations have started. It is revealed that these positions are offered in many different ways like temporary, contractual, or…

Accounting: The Stories Behind the Careers If one were about to ask their friends or colleagues about the notions that they associate with the career of accounting, the words that would be said are most likely responsibility, stability and immovability. This is why some will probably be surprised to discover that accountants themselves do not…

Big Beans Companys Transactions and Accounting Table of Contents Introduction Sales with immediate delivery Sales with delayed deliveries Transaction without sale and delivery Introduction Big Beans has entered into their transactions of stated sales. These transactions involve the accounting recognition of sales revenue. The accounting treatments of these three transactions have been reviewed in this…