ACT_580_Discussion_Module_3

Reflecting on what's been learned about the content knowledge and competencies needed for the role of accounting and finance one aspires to play in that field, Brainstorming strategies for taking advantage of the knowledge and skills already had, acquiring the content knowledge one needs, and developing the skills need.

Write an essay of the new roles of management accountants in accommodating to the current and future business environment premised on digital economy and beyond. The essay should outline, explain, and analyse the business environment within which management accountants would be adapting, and how they (i.e. management accountants) would be positioning themselves in the future. In writing your essay, please observe that you need to write between 500 to 750 words

Write a post providing us with the context for the resources of adopting innovative technologies that can lead to streamlined processes, real-time insights, and increased focus on strategic planning technological advancements in the accounting and finance profession have required finance professionals to adapt and expand their skill sets. Those who can adapt can support business growth and discover better career opportunities selected by identifying the field of study of accounting and finance and specifying an associated profession if relevant.Explain in two separate sections how this could be applied to the criteria of validity checklist to determine the validity of each resource.

Write an essay about the emerging roles of management accountants in today's and tomorrow's corporate environments, based on the digital economy and beyond. The essay should describe, explain, and evaluate the business environment to which management accountants must adapt, as well as how they (management accountants) will position themselves in the future. Please keep in mind that your essay should be between 500 and 750 words long.

Management accounting has the following features: Select one: O A. Future orientated focus O B. Stewardship orientation focus O C. Focus on detailed annual reports O D. Focus on decision-making needs of shareholders

THEORY PROBLEM Explain why accounting students should study Accounting Information Systems? Explain the Value Chain and also explain how Information Technology plays an important role in the Value Chain. Briefly describe the types of users of the SIA and what are the benefits of the output of the AIS for their work or profession? One of the characteristics of useful information is that it must be timelines and complete. Which is more important, timely but incomplete information, or complete information, but too late? Give an example! Briefly describe the purpose of internal control and provide an example of an internal control application for that purpose!

Now, consider emerging trends in business today.  How should the discipline of managerial accounting evolve to meet the changing needs of organizations?  Be specific.  Suggest specific accounting information needs that you feel managers have in the current business environment.

Finance 500 In this assignment, the purpose is to tie into the key concepts and insights studied this term in this course. Reflecting on key principles, strategies, or tactics that were covered from the accounting and finance fields, students should relate the information to their career, company or industry of interest.  Demonstrate how the knowledge, skills, or theories of this course have been applied, or could be applied, in a practical manner to your current work environment (a project manager in design industry). Share a personal connection that identifies specific knowledge and theories from this course. Demonstrate a connection to your current work environment. You should NOT, provide an overview of the assignments assigned in the course. The assignment asks that you reflect how the knowledge and skills obtained through meeting course objectives were applied or could be applied in the workplace.

Briefly tell us how you approach problems from a quantitative and qualitative perspective. ( Financial Management intern position)

An accounting and finance career goal statement should be approximately one paragraph that describes the kind of position and field one would like to move into in the future. What industry does this person hope to find themselves in if they're career goal is to be in the accounting and finance field? What are the skills do they hope to utilize in this position?

Please read the e-textbook on Managerial Accounting Basics (pp.643-646, indicated as page 304 305 in VitalSource) and answer the following question. Managers explain and voluntarily disclose the forecasted financial information to the external financial users at the beginning of the period. The purpose to provide the forecasted financial information is to help the external investors interpret managers' forecasted earnings by examining the profitability of the firm when the investors forecast the earnings and make investment decision. Discuss the extent to which you agree/disagree with that trend? You should support your reasoning with example(s).

What are the latest trends and developments in the field of accounting and finance, and how can organizations leverage them to improve financial management practices? Provide examples to support your answer

Advanced Accounting requires many rules and regulations. The latter come from many sources. In your Journal this week you will research two rules or regulations that pertain to Advanced Accounting topics and submit them to your Unit 1 Journal. For each of the rules or regulations, answer the following questions. What is the name of the rule or regulation? What agency or government created the rule or regulation? Does any agency or government have the power to enforce the rule or regulation? If so how? If not, does this hinder the enforcement of the rule or regulation?

Future orientation is one of the major themes of Management Accounting. Why must the information produced by Management Accountant be concerned with the future?

If we talk about the recent trend in the field of accounting research, there is a lot of investigation is going on in the field of ____________. a. Forensic management b. Auditing and assurance c. All of the options d. Corporate governance

Need assistance I am trying to get an example on how I would explain this to a group   Explain some management accounting methods and how your report and the data it represents adhere to industry standards and the AICPA code of ethics.

Discuss the importance of reflective approach to learning in the accounting & finance discipline, demonstrate the roles of feedback and feedforward to achieve success and inform and improve formative and summative assessed work now and for the future.

Accounting educators are discussing ways to incorporate communication skills, both oral and written,into accounting information systems courses. Why do you think these skills are supposed to be crucial forproper execution of the System Development Life Cycle?

Describe which professional organization(s) would most likely be of greatest value to you if yourposition involved each of the following independent roles:a. Accounting educator.b. Management accountant.c. Certified public accountant.

Answer the following questions. Support your answers with detailed examples and explanation Question 1:- Identify and analyze the evolution of accounting theory and its significance in the contemporary business environment, providing examples to illustrate how historical events and changing economic landscapes have influenced the development of accounting theory over time.   Question 2:-  Assess the International Accounting Standard Board's (ASB) Conceptual framework 2018, highlighting its strength and flaws, before identifying the key elements of the conceptual framework and their role in enhancing the relevance and reliability of financial reporting.   Question 3:-  Based on the book "The Routledge Companion to Accounting, Reporting and Regulation" and other materials, identify and discuss what would be the major challenges and opportunities associated with international accounting standards convergence. Then analyze the implications of differences in accounting practices across…

The International Federation of Accountants had identified the four stages in which management accounting has evolved. Provide a discussion on how the evolution would impact the way you work as a management accountant in today’s business environment.

Respond to this topic by indicating what you think are the top three ethical problems facing Accountants today.

The Changing Role of Accounting. Explain the following: 1. New technology in accounting 2. Diversified roles 3. The emergence of new sectors 4. Greater client focus

Accountants are no longer confined to looking at the books – they must be cross-functional, global in outlook, nimble, and tech savvy. Automation is not a future phenomenon but something very much in the present, across different parts of the accounting profession. Prepare a reflection paper on the above insights and the challenges you think you would be facing to address these ever changing role of management accountants.PLEASE CAN YOU HELP ME, THANK YOU!