Difference Between Managerial And Financial Accounting

Question 1 The main difference between managerial and financial accounting is who the end-users are. Financial accounting is concerned with producing information for external users based on historical data. External users for financial accounting would include investors, creditors, and government agencies among others. Financial accounting must also adhere to strict rules that have been put in place to monitor the financial documents that are created within it. These policies are enforced and monitored by various external agencies such as the Securities and Exchange Commission (SEC). Financial accounting information is used when making decisions regarding investments, stewardship evaluations, or regulatory measures. Managerial accounting is focused on the internal user and has no mandatory rules that it must follow. The information gathered and produced within managerial accounting does not always pertain to financial information, as the possibility to have nonfinancial information is prevalent. This type of accounting also focuses on the future, which is identified by the information being gathered, is used to make internal decisions on planning, controlling, and decision-making. Managerial accounting provides detailed information for which these decisions to be made while also maintaining a broad and multidisciplinary approach. Question 2 Three types of product costs are defined and used within managerial accounting. Direct material is a type of product cost and it can beShow MoreRelatedDifference between Financial and Managerial Accounting 637 Words   |  3 PagesThe primary difference between financial and managerial accounting is that financial accounting is used for external members of the company; they do not control or run the businesses’ operations. An example of external members would be customers and shareholders of the business. On the other hand, managerial accounting is used for internal members in the company such as managers and officers. The internal members use managerial accounting to increase efficiency and effectiveness within their companyRead MoreThe Differences Between Financial And Managerial Accounting1320 Words   |  6 Pagesorganization may be a part of, accounting plays a vital role in everyday decision making. Without the field of accounting, companies and organizations would not be nearly as efficient, productive and successful as they are today. Accounting serves many purposes for an organization, whether it is financial or managerial. But, not all forms of accounting are the same. With that being said, to better understand the differences between financial and managerial accounting, it is important to first knowRead MoreDifference Between Financial And Managerial Accounting931 Words   |  4 Pages The similarity and differences between financial and managerial accounting, Management accounting is only used for internal operations and the financial is more external which is the overall financial picture and data collected by an organization that may have accountability towards the public, IRS and partners. Both are similar functions, but one is perhaps more in depth. The Target company purpose is design the show, review the project, inputs and outputs, expenses, and review all necessaryRead MoreDifference Between Managerial Accounting And Financial Accounting2490 Words   |  10 Pagespresented does not remain true to the conceptual framework of accounting. This paper will discuss all of the various owners, their key decisions, and how those decisions affected others. Before we discuss this in further detail, it is important to explain the difference between managerial accounting and financial accounting, as both will be used explain information relevant to Alston. â€Å"Managerial accounting measures, analyzes, and reports financial and nonfinancial information that helps managers make decisionsRead MoreManagerial Accounting And The Certified Management1408 Words   |  6 PagesManagerial accounting is used by an organization to ensure informed decisions are made regarding current and future operations. Businessmen and women must have the ability to comprehend financial information provided to properly determine the correct course of action. In the global market of today, an organization’s inability to accurately determine the best course of action can lead to financial ruin for the company. Uninformed decisions by leadership can derail a business’ prospects for successRead MoreManagerial Accounting1152 Words   |  5 PagesManagerial Accounting 12/3/15 Managerial Accounting Accounting is a crucial part in running a business. There are various forms of accounting that can be used, it is very important to know which technique is best to use for what companies. Once you figure out a particular technique to use, it is important to keep an open mind if there are any changes that need to take place in the business. By keeping an open mind helps the business adjust and be able to make the right decisions. Every businessRead MoreEssay On The Most Valuable Things Learned1018 Words   |  5 PagesMost Valuable Things Learned Some of the most profitable things for me is that in learning about utilization and financial statements is to consider the usage for fiscal explanations to examine and getting an understanding of how the firm incorporates those offers data over Comprehension of those executions of the firm. The financial clear information very detailed analysis of an idea that will be critical similarly as it gives serious data of the shareholders in taking such choices. FurthermoreRead MoreManagerial and Financial Accounting1235 Words   |  5 Pagesï » ¿Part 1 Managerial and Financial Accounting: Key Differences Several differences exist between the above branches of accounting. To begin with, when it comes to financial accounting, the financial reports prepared are primarily utilized by external users including but not limited to regulators, creditors and stockholders (Weygandt, Kimmel and Kieso, 2009). On the other hand, managerial accounting reports are primarily meant for internal users i.e. managers and other officers of the firm. TheseRead MoreSample Resume : Managerial Accounting1411 Words   |  6 Pages MASTERS IN PROFESSIONAL ACCOUNTANCY STUDENT NAME : Shilpa Thakran STUDENT ID : 17909848 UNIT NUMBER : 530 REPORT : MANAGERIAL ACCOUNTING TUTOR NAME : CHEOW WING WONG DUE DATE : September 12, 2014 TABLE OF CONTENT INTRODUCTION†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.3 1.0 PRODUCT COSTING†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦4 1.1 JUST IN TIMERead MoreRole Of Managerial And Managerial Accounting1029 Words   |  5 PagesThe role of managerial accounting has played a significant role in the success of businesses dating as far back as the 19th century. Service and production operations during the days of the industrial revolution were not nearly as sophisticated then as they are today. The current initial purpose of managerial accounting is comparable to its purpose throughout history. Managerial accounting has historically been useful in assisting managers with the information they need to make important decisions

Movie Analysis Die Hard - 1222 Words

Die Hard, a film directed by John McTiernan, successfully utilized several aesthetics, which offered viewers various meanings throughout the duration of the film. Although the diverse meanings grasped by viewers may differ, it was clear to me that McTiernan effectively applied elements of cinematography and mise-en-scene that resulted in viewers being allowed to interpret a range of different meanings or functions of the elements. Throughout Die Hard, many elements of cinematography were performed to reveal character, direct the audience’s attention, and shape their feelings. For example, at the beginning of the film when the plane is heading in for landing, the film commences at a close up of John s stiff hand around his seat s armrest for two specific reasons. The film does this in order to reveal that his character is married; hence the wedding band on his left finger, and to direct our attention to the possibility that he either dislikes flying or feels uneasy and nervous about what is to come once the plane has landed. In the same scene where John reaches for his luggage in the overhead bin, the camera zooms in and quickly shifts from the passenger s face, to John s gun, and then back to the passenger s face while continuing to keep equal distance from the mise-en-scene included in those scene changes. The film performs this to, once again, direct our attention to the passenger s face which express es fear and concern, then to John s right side that reveals hisShow MoreRelatedExistentialism : Wild ( 2014 ) And Into The Wild1739 Words   |  7 Pagestrue identity and to understand the meaning of their lives. To figure out the reason behind their existences, both decide to go a on a life changing adventure in the nature that might kill them or set them free forever. Doing a compare and contrast analysis of the two movies revealed that both answered the same question as to know if life is meaningful, but both characters seek different meanings. Into the Wild and Wild are looking at the meaning of life from two different dimensions. Chris is tryingRead MoreKipnis What Is Love?1520 Words   |  7 Pagesbreaking vows, causing havoc. Or†¦ maybe not just playing around?† (Kipnis 399) I really had no idea what the point is that she is trying to get across when talking about adultery. It was sentences like this one that made her essay really confusing and hard to understan d. On the other hand my interpretation of what I read was that this essay is about loves meaning, the different aspects of love and how you have to work to keep love alive. In one of Kipnis’s other essays â€Å"Against Love† Kipnis suggestsRead MoreMovie Analysis : Million Dollar Baby1273 Words   |  6 PagesMovie Analysis: Million Dollar Baby Million Dollar Baby is a movie produced by Clint Eastwood and stars Eastwood, Hilary Swank and Morgan Freeman in lead roles. In this movie we see, Maggie Fitzgerald portrayed by Hilary Swank is a boxer in the lightweight category who breaks her neck during an unfair fight. She ends up being in the hospital with a severed spinal cord leading to quadriplegic state and kept alive on mechanical ventilation. Her coach Frankie, played by Clint Eastwood goes throughRead MoreDeath Of A Salesman Analysis914 Words   |  4 PagesLies of a Salesman (Movie Analysis of Death of a Salesman produced by Robert F. Colesberry) To be dysfunctional is to not operate accordly to normal in a negative way. Death of a Salesman produced by Robert F. Colesberry is a movie based on a play Death of a salesman written by Arthur Miller. The Loman family in the movie is a dysfunctional family, which is clearly show in many scenes,The mother and the father Willy and Linda Lowman. Willy a salesman in the field for over 30 years. The have kidsRead MorePulp Fiction Essay895 Words   |  4 PagesEthical Values in Pulp Fiction Pulp fiction is a movie filled with drugs, violence, gambling, and pop iconography, describing how real-life society is going towards the â€Å"death of god† era; a life without morals. A lot of movie critics would say that Jules (Samuel L. Jackson) and Vincent (John Travolta) possess no ethical values, no sense of morality. They also say that the movie does not convey a message. The movie does convey a message; Quentin Tarantino just masks it behind the street-savvyRead MoreForrest Gump Analysis1082 Words   |  5 PagesThe purpose of this paper is to analyze public communication in the movie â€Å"Forrest Gump† (Zemeckis, 1994) from the theoretical perspective of Fisher’s Narrative paradigm. Fisher proposes that all human communication is narrative in format and humans evaluate narrative based on two standards which includes Narrative Coherence and Narrative Fidelity. In his book, Em Griffin noted that â€Å"narrative coherence has to do with how probable th e story sounds to the hearer. Because stories hang together whenRead MoreFilm Analysis : Pixar s Animation1328 Words   |  6 Pages the Walt Disney Company or more commonly known as Disney, boomed worldwide with its use of advertisement through movie posters being presented in theaters, Disney theme parks, magazines, and stores. Producers of this film targeted children, teens, and die-hard Disney and Pixar fans. Being the large corporation that it is, Walt Disney Company was able to actively advertise the movie poster with sufficient amount of funds since the company was estimated to be worth 88.18 billion dollars as of 2015Read MoreFilm Analysis : Slumdog Millionaire1742 Words   |  7 PagesIntroduction to Sociology Film Analysis: Slumdog Millionaire Structural Functionalist: a) Describe the structural hierarchy of the key layers in the movie(Police, Inspector, Game Show Host, Jamal, Salim and Latika) There is a structural hierarchy in the movie which makes sure that people remain in their prescribed role where the inspector is at the top then Salim and Jamal is at the bottom of the hierarchy. The individuals at the top are more privileged to power and money while the people at theRead MoreRhetorical Analysis Of Why Are All The Cartoon Mothers Dead?1477 Words   |  6 PagesRhetorical Analysis: â€Å"Why Are All the Cartoon Mothers’ Dead?† For many Disney stories, as noted by Carolyn Dever, character development begins in the space of the missing mother. The reason behind why the death of mothers is beneficial to character development, may be an unknown fixture of fiction so deeply embedded into the animation world that it has become somewhat of a mystery. In the article ‘Why Are All The Cartoon Mothers Dead’, Sarah boxer makes the claim that patriarchy and misogyny areRead MoreIntercultural Analysis of My Big Fat Greek Wedding Essay1645 Words   |  7 Pagesï » ¿An Intercultural Analysis of My Big Fat Greek Wedding GDUFS SEIB1104 Nicole Guan As a typical intercultural movie, My Big Fat Greek Wedding is about Toula, a lower middle class Greek American woman who fell in love with a non-Greek upper middle class â€Å"white Anglo-Saxon Protestant† Ian Miller. They overcame a series of difficulties and eventually held a big fat Greek wedding. This movie shows us how Greek Americans live, reflecting the conflicts between Greek culture and American culture in a humorous

Guided Reading free essay sample

Running head: GUIDED READING Module 2 Multicultural Education Kimmy Taylor [emailprotected] September 16, 2009 Rdg. 525 Grand Canyon University Instructor: Dr. Jamie Petrilla Abstract This paper will describe the leveling process and how leveled books fit into the reading classroom. It will also describe how to use tools yourself, to locate lists of leveled books, how the listed levels of a title compare between one you leveled, what the publisher class the level and the guided is reading classroom as a function. The last part of this paper will describe the instructional level of a student previously interview in Module 1. Guided Reading How to use leveling tools yourself Guided reading is an instructional approach that teacher uses when students are reading at the same level of instruction. The teacher selects books from certain reading levels to guide students to make connections from print to the text. The books are easily read with the support of the teacher. Challenges and opportunities for problem solving are offered in the text. Choice selection of the books from the teacher will expand their strategies. The purpose of guided reading is for the teacher to select books that students can read with 90% accuracy. When the story is introduced to the student by the teacher, the students, through their own strategies understand and enjoy the story because it is available to them. Pinnell, (2007) states that guided reading gives students the chance to apply the strategies they already know to new text. The teacher supplies support, but the ultimate goal is independent reading. Readers that have developed some since of print have already gained important understanding of it. If they have encountered a problem in reading they will monitor their own reading and check on themselves while searching for possibilities or alternatives How to locate list of leveled books. In order for the teacher to locate leveled books for their students, the teacher should select the students with similar reading habits and behaviors. These students should experience reading habits and behaviors in the same time frame. The guide lines of the choice of books should be not too easy, yet not too hard, and offers a variety of challenges to help readers become flexible problem solvers (Pinnell, 2007). When choosing a guided reading program or leveled books, the teacher should look for books that are similar to their knowledge, are interesting to them, support them to move to the next step in reading, and give just the right amount of challenge to ensure that problem solving is taking place while supporting fluency and understanding. Leveled book collection is a large set of books organized in levels of difficulty from easy books that an emergent reader might read, to the longer, complex books that advanced readers will select. The leveled books collections may be housed in an area where it is easily accessible. A key component in a guided reading program is the leveled books. The scholastic Guided Reading Program is a varied collection of books that are categorized by the kind and level of challenge they offer children as they are learning to read. The Guided Reading Program consists of 260 books organized into 26 levels of difficulty –Levels A-Z. Many different characteristics of the texts are considered in determining the level of challenge and support a particular book or short story presents (Pinnell, 2007) Some leveled books may consist of the teachers’ working collaborately together to construct leveled books from large collections of books. When teachers have been teaching a long time, they began to acquire the knowledge necessary to know what is easy and what is difficult for their students. When using the books frequently, the teachers will notice that categories of their collections will become more established (Scholastic. com) How the listed levels of a title compare between one you leveled. There are factors and criteria’s for leveling books. There is no distinct characteristic that can be used to evaluate text or reading materials. Some of the factors that are considered when evaluating text are length, layout, structure and organization, illustrations, words, phrases and sentences, literacy features, and content and theme (Scholastics. com). When compared the book that was leveled with the books in Scholastics, it was very close. The formation was based on the factors and criteria’s’ for leveling books. Guided reading classroom, how it functions, its advantages, and its disadvantages. The guided reading classrooms should have an independent reading practice location. This independent practice space should welcome students to a rich environment for reading. Teachers with a good sense of what a rich reading environment consist of will include in the reading practice location pillows or a couch for a feeling of an invitation to read. Students need to feel very comfortable when reading. The library in a guided classroom needs to be complete with rich and exciting literature. Some of the literature that should be included in the library is fiction, nonfiction, fantasy, magazines, current events, and sports and whatever you feel as a teacher that the students will be interested in. Technology is a major component of a guided reading classroom. It services as an independent and small group practice while the teacher is working with students in a small guided reading group. The guided reading groups should consist of four to six students at a time. The sessions for guided reading groups vary depending upon what level of readers you are dealing with. It is often 10-15 minutes for emergent readers, and 15-30 minutes for more advanced readers. Also in a guided reading classroom there should be cross curriculum centers for writing, art, and science which can be done at their desk with very little instruction. This would take very explicit planning on the teacher part. This will allow for the teacher to continue guided reading groups. A teacher-led small-group assessment area should be located in a place where the teacher has total vision of her classroom, but yet in an area where the students that are in the guided reading area can be together so that the skill can be implemented as one. Finally, there should be a designated area where the teacher can teach in a whole group setting. The advantages of a guided reading classroom when the teachers are working with a particular group, is that they can control what is going on in the classroom and ensure that the students are actively engaged at all times. By setting guided reading classrooms up this way, the teacher can take an informal assessment of behaviors whether or not the students are working in centers, at their desk or with the teacher in a guided reading group. The teacher should be taking running records, jotting anecdotal notes, or even conducting oral interviews if time permits. The disadvantages of this guided reading classroom is that it will take a lot of planning time to ensure that the centers all have meaningful activities that will help them read or increase their ability to interact with each other. Most of the time teachers do not have centers that are effective because of the necessary time needed for preparation to ensure an effective guided reading classroom. These guided reading groups should constantly change from week to week to ensure that all students are actively engaged in a differentiated atmosphere. Student from Module 1 This student could fall between emergent literacy and beginning reader because in module 1 the student started finger pointing and looking at the picture to determine the words. Also the student had trouble with the recognition of sight words. The student experienced difficulty with decoding unfamiliar words. This was a 3rd grade student that seemed very happy at home. The student does understand the concepts of print and words. Even thought she had trouble with decoding unfamiliar words, she seems to have phonological awareness. Knowledge of alphabets was noted. Her Independent level was grade 1, Instructional grade 1-2, and Frustration Level is Grade 3. Can this student benefit from a pull-out intervention program that focus on sight words and decoding? Conclusion This paper described the leveling process and how leveled books fit into the reading classroom. It will also described how to use tools yourself, to locate lists of leveled books, how the listed levels of a title compare between one you leveled, what the publisher class the level and the guided is reading classroom as a function. The last part of this paper described the instructional level of a student previously interview in Module 1. References Pinnell, G. S. (2007, Guided Reading Program, Scholastic, Scholastic, Red, New York, NY Scholastic. Com Retrieved September 14, 2009 from http://www2. scholastic. com/browse/article. jsp? id+4177

Minimum Wage Regression Essay Research Paper Jadro free essay sample

Minimal Wage Regression Essay, Research Paper Jadro 1 John Jadro Webonomics Mr. Haessler 17 February 2000 Minimal Wage Arrested development The proposed addition in minimal pay will make a figure of things to the economic system. The greatest consequence it has will be on rising prices. There is a strong correlativity between rises in the lower limit pay, and raises in rising prices. We will write a custom essay sample on Minimum Wage Regression Essay Research Paper Jadro or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The consequence of raising the minimal pay on employment is really small. The correlativity between an addition in rising prices, and an addition in unemployment is weak besides. The strongest correlativity is between additions in minimal pay foretelling additions in rising prices. The equation for this is CPI= -25.9+38.8 lower limit pay. The R-sq value is 87.5 % , and the R-sq ( adj ) value is 86.8 % . This is cogent evidence of a strong relationship between the two variables. Additions in minimal pay predict additions in rising prices 86.8 % of the clip. When minimal pay is increased, it brings a rise in rising prices. There is more money put into the economic system with a minimal pay hiking, but rising prices counteracts this. As rising prices rises, the value of the dollar lessenings. There is really small net alteration. The correlativity between additions in minimal pay, and increased Jadro 2 lt ;< br /> unemployment is highly low. The equation that theoretical accounts this relationship is Unemployment= 9.75-.844 minimal pay. The R-sq value is 19.0 % , and the R-sq ( adj ) value is 14.7 % . This indicates a really lame correlativity. Increases in lower limit pay predict increased unemployment 14.7 % of the clip. Basically, increases in lower limit pay are a really inaccurate forecaster for an addition in unemployment. The proposed lower limit pay addition will hold about no consequence on unemployment harmonizing to this theoretical account. Raises in rising prices have a really weak correlativity to increased unemployment every bit good. The equation that theoretical accounts this fact is Unemployment= 9.30-.0227 CPI. The R-sq value is 23.6 % , and the R-sq ( adj ) value is 19.6 % . This indicates an addition of rising prices predicts an addition of unemployment 19.6 % of the clip. This, once more, is an inaccurate index. Increases in rising prices have about no consequence on unemployment, as shown by the theoretical account. These three relationships show a concatenation of events. When the lower limit pay is increased, rising prices will travel up every bit good. This does non needfully predict an addition in unemployment. An addition in rising prices does non needfully predict an addition in unemployment either. Basically, an addition in minimal pay will most likely predict an addition in rising prices.