Describe the role of managerial accounting and the management accountant in a business or organization.

Final Paper BUS630

 

Decision Making with Managerial Accounting

 

Due to varying business characteristics, the managerial accounting techniques applied in each business may differ.  For example, a business in the start-up phase may rely heavily upon budgeting and capital investment techniques; whereas, a business in the mature/maintaining phase may rely heavily upon cost management and quality control. Ultimately, the techniques used by management should assist the business in achieving its short-term and long-term goals through effective decision-making.

For your Final Paper, you will analyze the role of managerial accounting in two parts. Part I will provide a general overview of managerial accounting. Part II will provide examples of how managerial accounting theories and principles are applied in the business world.  You may find it helpful to reflect upon your own professional experiences for examples.

Part I (three to four double-spaced pages, excluding the title and reference pages)

Present the following:

  • Define managerial accounting
  • Describe the role of managerial accounting and the management accountant in a business or organization
  • Describes ethical issues/concerns for the management accountant
  • Describes at least three managerial accounting techniques available and their application within a business or organization

Part II (Four to six double-spaced pages, excluding the title and reference pages)

Select at least three of the five topics identified below:

  • Cost Management Techniques
  • Costing Methods
  • Capital Investment Decision Techniques
  • Budgeting
  • Quality Control

For each topic selected, present real world examples of the application of managerial accounting techniques within a business or organization.  Examples may be gathered from your own professional experiences or from case studies obtained from credible sources (excluding textbook examples explored in previous weeks).  Presentation of each example should include how a managerial accounting technique was applied in the business or organization’s decision-making model.  Be sure to support your example with calculations when applicable.

Writing the Final Paper

The Final Paper:

  • Must be eight to ten double-spaced pages in length, and formatted according to APA style as outlined in the Ashford Writing Center.
  • Must include a title page with the following:
    • Title of paper
    • Student’s name
    • Course name and number
    • Instructor’s name
    • Date submitted
  • Must begin with an introductory paragraph that has a succinct thesis statement.
  • Must address the topic of the paper with critical thought.
  • Must end with a conclusion that reaffirms your thesis.
  • Must use at least five scholarly sources.
  • Must document all sources in APA style, as outlined in the Ashford Writing Center.

What do Kleinfeld’s efforts at Siemens tell you about the difficulties of restructuring organizations?

Organizational Behavior

Siemens’ Simple Structure

There is perhaps no tougher task for an executive than to restructure a European organization. Ask former Siemens CEO Klaus Kleinfeld.

Siemens, with 77 billion euros in revenue in 2008, some 427,000 employees, and branches in 190 countries, is one of the largest electronics companies in the world. Although the company has long been respected for its engineering prowess, it’s also derided for its sluggishness and mechanistic structure. So when Kleinfeld took over as CEO, he sought to restructure the company along the lines of what Jack Welch did at General Electric. He has tried to make the structure less bureaucratic so decisions are made more quickly. He spun off underperforming businesses. And he simplified the company’s structure.

Kleinfeld’s efforts drew angry protests from employee groups, with constant picket lines outside his corporate offices. One of the challenges of transforming European organizations is the customary active participation of employees in executive decisions. Half the seats on the Siemens’ board of directors are allocated to labor representatives. Not surprisingly, the labor groups did not react positively to Kleinfeld’s GE-like restructuring efforts. In his efforts to speed those efforts, labor groups alleged, Kleinfeld secretly bankrolled a business-friendly workers’ group to try to undermine Germany’s main industrial union.

Due to this and other allegations, Kleinfeld was forced out in June 2007 and replaced by Peter Löscher. Löscher has found the same tensions between inertia and the need for restructuring. Only a month after becoming CEO, Löscher was faced with a decision whether to spin off the firm’s underperforming 10 billion-euro auto parts unit, VDO. He had to weigh the forces for stability, which want to protect worker interests, against US-style pressures for financial performance. One of VDO’s possible buyers is a US company, TRW, the controlling interest of which is held by Blackstone, a US private equity firm. German labor representatives have derided such private equity firms as “locusts.” When Löscher decided to sell VDO to German tire giant Continental Corporation, Continental promptly began to downsize and restructure the unit’s operations.

Löscher has continued to restructure Siemens. In mid-2008, he announced elimination of nearly 17,000 jobs worldwide. He also announced plans to consolidate more business units and reorganize the company’s operations geographically. “The speed at which business is changing worldwide has increased considerably, and we’re orienting Siemens accordingly,” Löscher said.

Since the switch from Kleinfeld to Löscher, Siemens has experienced its ups and downs. Since 2008, its stock price has fallen 26 percent on the European stock exchange and is down 31 percent on the New York Stock Exchange. That is better than some competitors, such as France’s Alcatel-Lucent (down 83 percent) and General Electric (down 69 percent), and worse than others, such as IBM (up 8 percent) and the Swiss/Swedish conglomerate ABB (down 15 percent).

Though Löscher’s restructuring efforts have generated far less controversy than Kleinfeld’s, that doesn’t mean they went over well with all constituents. Of the 2008 job cuts, Werner Neugebauer, regional director for a union representing many Siemens employees, said, “The planned job cuts are incomprehensible nor acceptable for these reasons, and in this extent, completely exaggerated.”

When asked by a reporter whether the cuts would be controversial, Löscher retorted, “I couldn’t care less how it’s portrayed.” He paused a moment, then added, “Maybe that’s the wrong term. I do care.”

Based on the above reading and the knowledge gained from your assigned readings, respond to the following questions:

  • What do Kleinfeld’s efforts at Siemens tell you about the difficulties of restructuring organizations?
  • Why do you think Löscher’s restructuring decisions have generated less controversy than did Kleinfeld’s?
  • Assume a colleague read this case and concluded “This case proves restructuring efforts do not improve a company’s financial performance.” How would you respond to this statement?
  • Do you think a CEO who decides to restructure or downsize a company takes the well-being of employees into account? Should he or she do so? Why or why not?
  • What were the forces for change?
  • What were the restraining forces? How would you overcome them?
  • Use Kotter’s Eight-Step Plan for implementing change and explain how you would implement this change at Siemens. Be sure to include any organizational development tools that you might use (Davidson, 2008; Esterl & Crawford, 2007; Ewing, 2007; Frey, 2008 ).

Support your responses with examples.

Cite any sources in APA format.

 

Patient-centered medical homes: Will health care reform provide new options for rural communities and providers? (Bolin, Gamm, Vest, Edwardson, & Miller, 2011)

The PPACA of 2010

PPACA of 2010 brought many changes to the types of provider organizations available. ACOs and PCMHs are two new organizations formed under PPACA. Using the readings this week, discuss the origin, structure, and purpose of the new organizations formed under PPACA.

Using South University Online Library (for example, CINAHL) or the Internet, search any three articles from the list below and evaluate the challenges and opportunities facing payers and providers as ACOs and PCMHs are implemented:

  • The patient-center medical home and managed care: Times have changed, some components have not (Baird, 2011).
  • Patient-centered medical homes: Will health care reform provide new options for rural communities and providers? (Bolin, Gamm, Vest, Edwardson, & Miller, 2011)
  • Accountable Care Organizations: The case for flexible partnerships between health plans and providers (Goldsmith, 2011).
  • Payment reform for primary care within the accountable care organization a critical issue for health system reform (Goroll & Schoenbaum, 2012).
  • Accountable care organizations, the patient-centered medical home, and health care reform: What does it all mean? (Longworth, 2011)
  • Implementing accountable care organizations: Ten potential mistakes and how to learn from them (Singer & Shortell, 2011).

Based on your research, summarize your findings on the selected topics and compile your observations in a 4-5 Microsoft Word document.

Support your responses with examples.

Cite any sources in APA format.

References:

Baird, M. A. (2011). The patient-center medical home and managed care: Times

have changed, some components have not. The Journal of the American

Board of Family Medicine24(6), 630–632.

Bolin, J. N., Gamm, L., Vest, J. R., Edwardson, N., & Miller, T. R. (2011).

Patient-centered medical homes: Will health care reform provide new

options for rural communities and providers? Family & Community

Health34(2), 93–101.

Goldsmith, J. (2011). Accountable Care Organizations: The case for flexible

partnerships between health plans and providers. Health Affairs,

30(1), 32–40.

Goroll, A. H., & Schoenbaum, S. C. (2012). Payment reform for primary care

within the accountable care organization a critical issue for health system

reform. JAMA: The Journal of the American Medical Association,

Describe in detail what the organization attempted to implement and the impact this failure caused to the various stakeholders in the scenario.

Business admin

It has been said, “We learn wisdom from failure much more than from success. We often discover what will do by finding out what will not do; and probably he who never made a mistake never made a discovery.”(Samuel Smiles, 19th C Scottish author and reformer. ‘Self-Culture: facilities and Difficulties’, Self-Help (1856), Ch 11)

The successful implementation of change through the use of Project Management has become vital to most businesses and organizations to the point if an organization fails to keep up with the pace of change it can have catastrophic results to all the organization’s stakeholders. Take some time to review current events and identify a scenario where an organization’s attempt to implement change failed and the consequences of that failure. For example, perhaps a business attempted to implement a new product, or use a new technology and was not able to successfully implement the change, or a governmental agency that failed to deliver on a service.

  • Describe in detail what the organization attempted to implement and the impact this failure caused to the various stakeholders in the scenario.

As part of your reply post to another student offer detailed suggestions as to what could have been done to prevent or minimize the failure of this implementation.

What are the company’s total current liabilities at the end of its most recent annual reporting period?

Accounting assignment

Just need an review

 

Access the Internet to acquire a copy of the most recent annual report for the publicly traded company used to complete the Financial Reporting Problem, Part 1 assignment due in Week Six.

Analyze the information contained in the company’s balance sheet and income statement to answer the following questions:

  • Are the assets included under the company’s current assets listed in the proper order? Explain your answer.
  • How are the company’s assets classified?
  • What are cash equivalents?
  • What are the company’s total current liabilities at the end of its most recent annual reporting period?
  • What are the company’s total current liabilities at the end of the previous annual reporting period?
  • Considering all the information you have gathered, why might this information be important to potential creditors, investors, and employees?

Summarize the analysis in a 700- to 1,050-word paper in a Microsoft® Word document.

Include a copy of the company’s balance sheet and income statement.

Format your paper and presentation consistent with APA guidelines.

Explain whether or not the current system can or should be maintained.

Case Analysis: Systems Acquisition

Review each of the following video cases:

 

Select one of these cases and address the following questions in your paper:

  • Analyze the part the Agency for Healthcare Research and Quality (AHRQ) plays in health care information systems acquisition.
  • Address the major concerns, and provide alternatives to alleviate these concerns.
  • Analyze whether or not value was added to health care information systems through acquisition.
  • Analyze how the system might advance or devalue patient care delivery.
  • Explain whether or not the current system can or should be maintained.
  • Explain what the literature states about this type of implementation/acquisition.
  • Explain who the gatekeeper(s) are in this type of acquisition.
  • Describe how cost is impacted with this system.
  • Describe the initial reaction to the system implementation/acquisition.
  • Describe whether or not the quality implementation/acquisition impacts your chosen topic for your Final Proposal and Final Presentation. This response needs to be one paragraph in length.

The Case Analysis:

  1. Must be three to four pages in length (excluding title and reference pages), double-spaced and formatted according to APA style
  2. Must include a title page with the following:
    • Title of paper
    • Student’s name
    • Course name and number
    • Instructor’s name
    • Date submitted
  3. Must begin with an introductory paragraph that has a succinct thesis statement.
  4. Must address the topic of the paper with critical thought.
  5. Must end with a conclusion that reaffirms your thesis.
  6. Must use at least three scholarly sources,
  7. Must document all sources in APA style,

Explain any aspects of the event itself that influence/elicit prosocial and antisocial behavior.

PSYC 2005, APA FORMAT, REFERENCES NEEDED

The assignment (2–to 3 pages):

  • Briefly describe the “event” you selected.
  • Then describe one example of prosocial or helping behavior and one example of antisocial or negative behavior in groups related to the event.
  • Analyze the people’s prosocial behaviors using the theories, concepts, and perspectives presented in the text:
    • The evolutionary perspective
    • The sociocultural perspective
    • The learning perspective
    • The decision-making perspective
    • The Attribution Theory
    • The negative-state model
    • Motives for helping
    • Concepts related to bystander intervention
  • Explain the possible or likely characteristics of those who helped in your example as well as the probable characteristics of those who demonstrated negative behavior.
  • Explain any aspects of the event itself that influence/elicit prosocial and antisocial behavior.
  • Explain the role, if any, of culture in the prosocial and antisocial behaviors displayed.

What occurs in the brain and nervous system that apparently gives rise to PTSD symptoms?

psyc 4002 paper, apa format, references needed

The assignment: (1–3 pages)

  • What is the biological basis of PTSD? What occurs in the brain and nervous system that apparently gives rise to PTSD symptoms?
  • How did the soldiers depicted in the video exhibit PTSD? What were their symptoms? How long did they last?
  • What can be done to help people cope with PTSD? Consider both biologically and psychologically based forms of treatment or intervention.
  • What, according to the video, does the military seem to be doing about treating PTSD among its personnel? Do you think this approach is going to be effective? Why or why not?

Would the outcome have likely been different in the United States?

amanda knox

Amanda Knox was an American student in her early 20’s studying abroad at a university in Perugia, Italy. In November 2007 she was arrested, later charged and in 2009 she was found guilty of the murder of her roommate Meredith Kercher. In 2011, an appellate court reviewed the matter and she was released from prison and allowed to return home to the United States.

 

This case received exclusive media attention all over the world. Much discussion has been had over the murder and the police and the forensic investigations, the statements and confessions of the parties involved, the trial and the appeal, prison conditions and also about the judicial pretrial publicity and the impact on the trial.

 

In a 3-5-page paper, and using APA style formatting, analyze this case in detail in terms of how it was handled in the Italian court system. Discuss in detail the appellate process that was employed. You must use outside and supporting sources and make sure to properly cite any outside sources that you use.

Discuss whether or not the U.S. police and court systems would have handled the case differently and, if so, how would it have been handled. Would the outcome have likely been different in the United States? Would the prison sentence have been different? What does this case say about prison conditions? What about the handling of the appeal within the two systems – how does that differ?

 

Finally, select one of the four major legal systems in the world: Civil law, socialist law, Islamic law, and common law. Suppose that you are advising an individual travelling to a county which follows each of these different systems – what advice would you give this individual in terms of how these systems differ and why? How does the system that you selected handle appeals?

What is the main subject of public law, how is private law different from that?

Private and public law (question listed below)

Questions needed to be answered:

 

What is the main subject of public law, how is private law different from that? What are the main features of procedures in private law and public law?

 

What I need?

 

1. 2000 words long essay on the public law – private law dichotomy

2. 4 different articles or book chapters on this topic

3. proper citations based on this citation guide

http://biztpolaffairs.com/wp-content/uploads/2014/06/Citation-Guide-for-Authors.pdf

 

Example of citation,

 

example for a quotation: The survey of … “confirms what logical suggests: a legal system cannot institute a differentiation between “public” and private laws without also supplying… (Michelman, Frank, 2012)

 

I need this by Friday noon. January 08th, 2016