[pic] ACCOUNTING 26:010:652 Advanced Topics in Management Accounting Fall 2009 Instructor: Dr. Michael Alles Office: 1WP 928 Office Hours: F 9:00-10:00 or by appointment Email: alles@business.rutgers.edu Phone: (973) 353 5352 COURSE OBJECTIVES In recent years my colleagues and I have noticed that when we are recruiting we come across newly minted PhD students who are usually highly technically proficient in terms of being able to run regressions, do statistical testing,
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and 5. In question number 1 I have tried to explain my countries general overview first and then the current trade status, in question number 2 I answered the question How do you view the relationship between WTO and RTAs? & Do you think RTAs helpful or harmful for the development of WTO? Why? Separately, I also tried to answer # 4 what is outsourcing? And how the developing countries take advantage of outsourcing? Finally I explained my perception about Chinese undervalued exchange rate. I used different
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Accounting Standards Building international opportunities for Australian business Corporate Law Economic Reform Program Proposals for Reform: Paper No. 1 © Commonwealth of Australia 1997 ISBN 0 642 26110 5 This work is copyright. Apart from any use as permitted under the Copyright Act 1968, no part may be reproduced by any process without prior written permission from the Australian Government Publishing Service. Requests and inquiries concerning reproduction rights should be directed
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single system. An ERP package takes care of the various business processes such as order entry, logistics and warehousing. It also caters to the different business functions such as accounting, marketing, strategic management and the human resource management. Contemporary Challenges to the Retail industry In the current
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systems, however according to Wong et al. 2005, ERP can be can be said to be a software package which makes integration of all the data flowing through the different verticals of the company to facilitate speedy and well coordinated processing of accounting information, steady supplies and efficient manufacturing and processing jobs (Wong et al. 2005). IMPLEMENTATION STRATEGY Introduction One of the ERP models is the SAP businesses software, which apart from being an ERP can also perform applications
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Analyzing the External Environment of the Firm Chapter 2 1) Because of to minimize or eliminate threats and exploit opportunities, so managers should analyze the external environment 2) This involves a continuous process of environmental scanning and monitoring as well as obtaining competitive intelligence on present and potential rivals. These activities provide valuable inputs for developing forecasts. In addition, many firms use scenario planning to anticipate and respond to volatile
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Internal Cost and Controlling Finances JET Task #2 Competition Bikes, Inc. Budget Process Budgets are used for forecasting future business growth and outcomes. Providing a comparison between a forecasted budget with previous year’s actual results allows leadership to strategize and plan for the company’s future on past performance. Producing a master budget roadmap for future operations may be done in two ways--by using fixed budget or flexible budgeting processes. There are advantages and
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SWOT ANALYSIS A SWOT analysis strives to determine the current strengths and weaknesses within a firm, as well as the opportunities and threats facing the firm (SWOT = strengths, weaknesses, opportunities, threats). A SWOT analysis is a powerful tool to evaluate the current position of the firm within its broader business environment. It is an evaluation undertaken by senior staff or the owner of the firm. It needs to be as honest an appraisal as possible. Environmental factors internal to the
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collection period. ACP=(.30*10)+(.40*13)= 8 days 2. Calculate the firm’s current receivables balance. Receivables balance= ADB*ACP= $1,200,000*8= $9,600,000 3. Calculate the firm’s new receivables balance if Milwaukee Surgical toughened upon its collection policy, with the result that all non-discount customers paid on the 30th day. ACP= (.30*10)+(.40*30)= 18 days ADB= 1200000*18days= $21,600,000 4. Assuming the cost to the firm to carry receivables is 8% per annum, calculate the annual savings
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Competition Bikes makes bicycles for the professional and accomplished riders who compete. The success of Competition Bikes products is also known in Canada with Canadian customer orders comprising about 10% of the company output. Because of this success, Competition Bikes is exploring the possibility of an expansion into Toronto, Canada. Capital Structure Examining which capital acquisition methods will maximize shareholder return is an important step in exploring the possibility of expansion
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