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Managerial Accounting - Science topic

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Can someone recommend literature on digitalization and how it changes management accounting in supply chains? Thank you!
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Have a look at the book of Andreas Taschner
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Hello,
I'm currently writing my Bachelor Thesis about the influence of Mobile Devices (such as Tablets & smartphones) on the work of management control. I'm at a good point in my thesis, but I was wondering if I could implement a case study on the influence of mobile devices on management accounting. Does anyone have any good literature suggestions?
I was also wondering if someone with a work background in this sector would have the time to answer some questions about how mobile devices afflicted their role.
Thank you in advance,
Rubin
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I do not have any experience running production with mobile devices but I have an experience with running the production with computers. In 1990s I was an internal auditor in one of the cement production groups in Turkey. In one of the cement plants the kiln (high furnace) was being run manually. It means there were various gauges measuring the heat, pressure, rotating of the kiln. Engineers would go and check the measures if the kiln were running OK. A year after a control cabin was established and all the gauges were connected to the control cabin. The engineers were able to control the kiln from the control cabin on a computer. That was very impressive in 1990s. Today with the help of internet you can control many parts of a factory remotely. Still, you need people on the site. I.e. raw material must be moved from one location to the next, finished goods must be shipped by trucks. Maintenance people should be on premises etc.
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I would like to know any good management/accounting articles or methodology books that have used or explained the Delphi method? Thank you!
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Hello, please take a look at this research. These statistical coefficients are used for determining the conformity or reliability of experts' evaluations, and the Kendall coefficient with a value greater than or equal to 0.7 was considered as the stopping index for the procedure of the Delphi method.
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topic around the theme
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Trend analysis
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I'm urgently looking for a published questioner for testing MAS vs DDD Making and further want to test the Digitalization as a Moderator, If someone can help highly appreciated
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Go for ratio or some applications
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Hello All,
I'm doing my Ph.D research in the management accounting area and trying to develop a TDABC model that can help the supply chain management companies. As you know, the TDABC methodology relies on the time needed to perform each activity. Thus, I have to observe all activities so many times to come up with the average standard time per each activity. Most activities in the SCM companies are being performed in the warehouse areas and they're (mostly) repetitive, so they're easy in terms of knowing their steps and times. However, some other activities (such as those in back offices) are not easy to me, and they're being performed differently each time. For example, in the planning and forecasting activities, the guy who performs these activities is not following certain steps every time. Moreover, he sometimes needs 10 min to plan for a new order, and sometimes needs 3 hours although the 2 orders are the same in terms of products and QTYs! No clear variants seem to me! I find this part difficult as I can't standardise the steps and times for such activities. Any thoughts from those who have worked on the TDABC models before?
Thank you all in advance!
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As David rightly points out, the TDABC is a transposition
in services activities of the scientific analysis of industrial
work introduced by Taylor. If standardization and repetition
are not there, it is undoubtedly necessary to think of another
approach to the calculation of the costs. Nothing prevents
you from combining TDABC and standard ABC in an organization.
Your problem is to find a suitable production measure,
for example the number of schedules, or any other measure
allowing simultaneous the articulation of the cost calculation
and the analysis of the value produced.
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From Management accounting point of view, I think it will be proper for management accounting researchers to be able to undergo value tree concept to develop a measure for customer satisfaction.
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Customer satisfaction can be measured by achieving market share, acquiring and keepining customers, meeting their needs, and feedback about the products or services provided, and creating value for the customer.
So if the company fails to provide the product or service in a way that meets the customer's needs and at appropriate cost in the short and long-terms, revenues will be generated, which leads to a deterioration in the financial position of the company. Therefore, it is necessary for the company to follow up any changes in quality, delivery time, ability to deliver and any changes in the current and future tastes and needs of customers.
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Which ideas that help to develop your management , accounting , economic and statistical skills?
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I conduct research in the following areas, analyze the determinants of the development of these issues, possible mutual correlations, etc .: improvement of credit risk and cybercrime risk management, implementation of Industry 4.0 technology into management systems, use of Big Data Analytics in the process of improving management of economic entities, sustainable economic development, green economy, social environmental responsibility etc. Best wishes,
Dariusz Prokopowicz
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What are the most common Management Accounting Controls in the biotech industry. I am aware that the industry differs to most of the industry. However, the Management Accountring Controls might be very interesting to analyze.
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you can review the Hilton , drury and hornegren publications
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Dear Professor Malcolm Smith,
Hello;Hope you are fine.
I use your book ,Research Method.......in my PH.D courses in Accounting.It is a very useful book. Based on your ability,I am sure your management accounting project will also be a very good project.Since my major expertise is Management accounting and Research methods for more than 30 years,(please see my vita),I am anxiously waiting for the end result of this project. If I can help,please let me know.Good luck.
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Dear Vijayanand,
What is your problem?Please specify your problem exactly.
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Financial and managerial accounting assist in decision making. However, the practicality of the application of financial and managerial accounting is questionable for decision making in the organization.
What are the reason for the difficulty in the application of financial and managerial accounting in daily decision making in the organization?
What are the solutions so as to apply financial and managerial accounting for decision making in the organization?
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Some problems need a rational decison making approach. Some are bounded rationality, while others require intutitive and a creative approach. The decision making process is clear and financial and managerial accounting fits into that process. It is whether the problems can be resolved satisfactorily.
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Dear,
I have a question i.e. need help. Could the LMX-Professional respect be used as a construct to measure how employees feel about leaders respecting their (for example. management accountants) professionalism? Do you know any research that uses the LMX construct for other couses?
Thank you very much.
Kind regards,
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in the real world step 1 the person setting control shouldn't be the subject of evaluation - this is a conflict of interest.
as the MA is more of an internal consultant words like leader and respect rather than professional partner bother me.
Having said all that there is nothing stopping you technically - I would just NOT DO THAT ethics is a thing.
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its just a request
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Samir Yassin
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Scholarship for PG in Management
Area of research Sustainability
Offered by UTP Malaysia
Project Sponsored By Ministry of education Malaysia Scholarship RM 1600 per month
Eligibility: Bachelor in Environment, management, Accounting-
Good Writing skill- Analytical -Above 65%
Send CV by this Sunday 20 Jan 2019
Regards,
Parvez
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By my mean, scholarship for PG in Management will be good stimulation in increase of quality management.
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Im searching for a Topic for my master Thesis. Please give suggestions if you have, thanks.
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New technologies and financial information
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I studied Inventory management course, I got the knowledge about the method of "just in time", now I have course of managerial account and I have to do assignment of Technique/method of "Just in Time"
So, should I search of articles of " Just in Time Method" in both subjects?, or there are articles specific for managerial accounting?
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JIT is a Japanese technique to reduce wastage and wait time. If applied to managerial accounting, one can think of paying in the right time without delay and also receiving money in the right time without delay.
Managers can calculate the average process time and wait time and map it to the takt time. By doing this one will definitely attract good will.
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what are the different alternative methods to compute Tobin's Q?
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Dear Srikanth
For public firms you can use this formula:
((Stock market price per common share X number of common shares) +(Stock market price of preferred shares X number of preferred shares) + (market value of publicly-traded debt) + (book value of remaining debt items))/(Total book value of assets)
where book value is the same as the balance sheet figure
Tobin's Q was originally defined as equal to the market value of the assets divided by the replacement cost of the assets. This work well if you are talking about a physical asset like a residential house where you can buy an existing house in the retail market or instead buy land and build a new house.
Raymond A. K. Cox
Thompson Rivers University
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This study uses mix-method, qualitative and quantitative. The research aims are to investigate the type of leadership style of owner-manager of the family firm and the effect of managerial control in small family business on employees behaviour.
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Dear Dendy Rosman,
We cannot answer precisely to your request due to lack of focus. You should read relevant articles in your domain to identify precisely what kind of contribution to knowledge you are expecting to do. You should organise literature by concepts to precise (1) the concepts (nominal definitions), the associated constructs (operational definitions), (2) the theoretical relations among those concepts, (3) the empirically tested association among constructs. You should read the book Doing Business Research by Lee and Lings especially the chapter on reviewing literature.
In the same book there are chapters on measurements, scale development, study design and statistical analysis. Read carefully it before trying to measure anything. Then, you should organise your literature review by method/design to identify an expected contribution, select a design that will avoid low internal validity. About design, reading the book by De Vaus on this topic should help.
Hope this helps,
Adrien.
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I am doing an assignment on auditing and assurance of carbon accounting, disclosures and reporting, (developing countries and Africa in particular).
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Hi Hannah,
The following page has a number of papers on disclosures..etc.
Hope this helps
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The IASB Conceptual Framework for Financial Reporting does not seem to prescribe a specific approach to measurement. However, in recent years accounting standards have been released which have shown a movement away from historical costs and a movement towards the use of fair values. What is the intuition for this move? Should the IASB conceptual framework be amended to suggest an alternative to historical costs – such as the use of fair values?
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As a former controller of one company and CFO of another, I've used what you call HCA (historical cost accounting). As a valuation expert since before FVA was a glint in FASB's/IASB's eyes, I've also done dozens of purchase-price allocations under what was, in July 2001, SFAS 141; it later morphed into SFAS 141-R. Under FASB's accounting standards codification, those became ASC 805 ('Business Combinations'). For the life of me, though, I am clueless as to what you mean by this statement: "FVA will remedy the deficiencies inherent in HCA." Please elaborate, if you don't mind. Thanks in advance - sorry I'm such a dunce.
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What methodologies and approaches do exist to measure the value of intangible assets including "Goodwill" (analytical, computational estimation/approximation)? How can a potential buyer evaluate intangible asstes (and Goodwill) before he decides to pay for them?
How do these methodologies and techniques differ compared to each other? Are there situations where one methodology is prefered over others?
For exaple, Google reports in its balance sheet for 2014 over $ 15.5 billions for Goodwill and over $ 4.6 billions for Intangible Assets (together they make up over 15% of their Total Assets): http://www.nasdaq.com/symbol/goog/financials?query=balance-sheet
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In Accounting Standards Codification 805 (Business Combinations), the Financial Accounting Standards Board (http://asc.fasb.org)) offers five broad classes of intangible assets that meet accounting standards for balance-sheet recognition apart from Goodwill. Those five are 'marketing-related' (ASC 805-20-55-14), 'customer-related' (ASC 805-2055-20), artistic-related (ASC 805-20-55-29), 'contract-based' (ASC 805-20-55-31), and 'technology-based' (ASC 805-20-55-38). Unfortunately--in my view--these intangibles are recognized only when one company buys another. Goodwill itself is the 'residual'--what remains after quantifying all of the tangible and above intangible assets and then subtracting the total of them from the purchase price.
In part, this set of accounting standards resulted from the Enron collapse late in 2001. The U.S. Securities and Exchange Commission said to FASB, in essence, "No more Enrons." Something called 'fair value accounting' (ASC 820)--in which what a company pays for a long-lived or financial asset might well be not what that asset is recognized on the buyer's balance sheet--was one result. ASC 805, an early version of which had taken effect on July 1, 2001, was another. One wonders what those at FASB were smoking. Whatever it was, I doubt that it's sold in cigarette machines. It is a textbook case of the mischief that can result when 65 really, really smart people have too much time on their hands.
Making the computations for the various types of intangibles that are contained in these five broad classes is not for the faint of heart. . .or the uninitiated. There are different methods for valuing different intangibles. In particular, the multi-period excess earnings methods (a.k.a. MPEEM) can spin the typical professional's head around several full revolutions. That's only a slight exaggeration, believe me. It is accounting at a level and in a way that few financial professionals and professors could have imagined even ten years ago. It's the hardest work we do in our shop--highly abstract and extraordinarily difficult. . .and, to my knowledge, it's not being taught in college accounting or financial courses yet.
Those who want to know more should contact me directly via wmiller@beckmill.com. There is a substantial regulatory and professional literature related to this subject that time, space, and common sense preclude me from elaborating upon, but I'd be happy to hear from and/or help individuals who are interested in pursuing this topic further.
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Applying TDABC decreasing and minimizing Costs and risks, so increasing and raising profits.
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Search for Full-cost Maturity Model, N. Dean Meyer, 2008.
Many people are questioning whether the Time driven ABC system better than the Resource Consumption Accounting Model. Moreover, in recent years a growing number of researchers are turning to Germany cost model and leaving the American ABC models and TDABC.
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I'm searching for a larger application of PLS SEM in the area of Managerial Accounting domain?
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Chin WW. How to write up and report PLS analyses. In: Handbook of Partial Least Squares: Concepts, Methods and Application. Esposito Vinzi, V.; Chin, W.W.; Henseler, J.; Wang, H. (Eds.).Springer. Germany. 2010. 645-689.
 Hair JF. Hult GT. Ringle CM. Sarstedt M (2013), “A Primer on Partial Least Squares Structural Equation Modelling (PLS-SEM),” 1 ed. Thousand Oaks: Sage; 2013.
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Kindly guide me or send me certain relevant papers . Thanx
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I am strongly agree with the answers/discussions of Prof.Erick Outa & Prof. Stephen Arthur Butler.