Management Accounting Coursework Example | Topics and Well Written Essays - 2500 words

Management Accounting - Coursework Example Available at: . Anderson, DR, Sweeny, DJ, Williams, TA & Martin, RK 2007, An introduction to management science: Quantitative approaches to decision making, 12th edn, Cengage Learning. This book is quite helpful in the field of management accounting and the quantitative perspectives in decision making. The book has a great deal of citations proving academic value of wide content. The methods, calculations and examples in the book are accurate and simple to understand and can be used for real world cases. This text demonstrates how quantitative measures including labour costs, units produced and hours worked can be analysed and findings used for decision making. I will use this book to show how quantitative measures can be applied in management accounting mainly in budgeting. This book shows the relevance of quantitative measures in decision making and I agree with this concept. Available at: . Atrill, P & McLeany, E 2003, Accounting and finance for non-specialists, 4th edn, Financial Times/Prentice Hall. In this edition, the text introduces fundamental values and principal concepts of accounting and finance. It takes on practical and non-technical perspectives that I can apply in management accounting and decision making. The text is written from a 'user' perspective, signifying ways in which accounting statements and financial information can be used to develop the value of decision making. This book gives the relationship between the financial and accounting principles and this has been proven by studies over the years. Available at: . Atrill, P & McLeany, E 2009, Management accounting for decision makers, 6th edn, Financial Times/Prentice Hall. This book gives a clear understanding of management accounting and how it is applied in decision making. This edition gives an introduction to the main principles in management accounting including costing, budgeting and strategic management accounting with a strong practical importance and avoids extreme technical as pects. It gives a clear description on how accounting information can be used by management to better the quality of decision making. I can use this book to discuss the major areas in my proposal which are: budgeting, strategic management accounting and decision making. The text delves on the positive impacts of proper management accounting in decision making process. Available at: . Callahan, KR, Stetz, GS & Brooks, LM 2007, Project management accounting: Budgeting, tracking, and reporting costs and profitability, John Wiley and Sons. The concepts in this text are centred on sound accounting practices that are used to improve the management of firms and their

Poverty in the Global economy Essay Example | Topics and Well Written Essays - 250 words

Poverty in the Global economy - Essay Example The government should try harder to redistribute income so that the have-nots can make use of their share as it is their democratic right. By redistributing income, the government’s popularity will increase. High levels of inequality are not alright. Inequality cannot be solved by taking from the wealthy and giving to the poor. However, it can be solved by empowering the poor. By empowering them, they are given power to do something which shall lead to productivity. Persons who work hard can also be identified by the leaders in the society and rewarded. This will create productive competition among the people. In such a scenario, the society should also strive towards equality in income (Snarr and Snarr 9). When it comes to poverty, globalization has been a negative force in the world. The reason for this is that it has allowed bigger businesses and wealthier nations to drive forward their aims at the expense of less endowed nations and small businesses. This has been through progress in technology which small businesses and developing countries cannot manage to pay for. Also, many of the jobs created by globalization are not well paid and companies have been outsourcing cheaper labor from other countries (Snarr and Snarr