Answer Introduction In today’s world an organization operating within the economy not only impacts its customers or shareholders but impacts the place where it is operating in an economic, social and environmental level. This has led to the need of sustainability reporting. A sustainability report contains the details regarding how a company has affected the society on an economic, social and environmental level (Arbex, 2012...Read More >>
Answers Introduction The concept of management accounting (MA) may be considered to be one of the most useful and practical aspects of finance and accounting studies. The MA knowledge not only helps the management in their decision making but also contributes towards the further development of MA studies for the greater achievement on the value maximization front for the corporate. The paper has elaborately discussed the key aspects of research...Read More >>
Answer Budget is a comprehensive plan which helps the organization to achieve financial as well as operational objective. Manager assured that resources of the organization are allocated and used effectively and efficiently to achieve the goal of the organization with the help of budget. Budget forecasting is very important for the growth of the organization. Budget can be used to evaluate manager’s performance and provide incentive in fo...Read More >>
Answer Introduction The MA research can be traced to 1950 in the U.S and was a response to the Ford Foundation work to enhance the business schools. This contained more specification on the concept of social science. There has been many cases of MA research based on social science and was done by the non accounting faculty because the accounting faculty were not experienced in the conduct of social science research. Over the years, experts ha...Read More >>
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