Question 1: Differences between management accounting and financial accounting (15 Marks)You are the financial controller of a large manufacturing organization and intend to approach the human resources (HR) manager seeking to create two new positions: a financial accountant and a management accountant.Required:1 Prepare a briefing document for the HR manager which explains the differences between these two roles.2 Formulate (and answer) the five likely questions that you anticipate the HR manag...

Requirements: 1. Prepare a common size Balance Sheet and Income Statement Extract from the data in Tables 1 and 2 using the 2014 year as the base-year (30 marks) 2. Calculate the eight (8) missing ratios from Table 4 above using formulae provided on page 1. (30marks) 3. Evaluate and provide your conclusions about the financial position of Viscount Ltd; using either Common Size Statements information or these eight (8) ratios in trend and comparative analyses: a. a three-year 2014, 2015, and 2016...

Solus, an Australian manufacturer of Scientific Equipment, is considering expanding its Australian operation.  It is considering an investment in new plant of $4.8 million.  The project will be financed with a loan of $2,400,000 which will be repaid over the next five years in equal annual end of year instalments at a rate of 8.60% percent pa.  Assume diminishing value depreciation over a five-year life, and no taxes. The project’s cash flows before loan repayments and inter...

You are expected to: •    Describe the purpose of the report and provide a conclusion. An introduction and a conclusion are important because many busy individuals in the business environment may only read the first and the last paragraph. If those paragraphs are not interesting, they never read the body of the paper.•    Answer the SLP Assignment question(s) clearly and provide necessary details.•    Write clearly and correctly—t...

Please high standard,harvard reference.. No plagiarism. 1. Analytically discuss how management accounting varies from financial accounting. (400 words). 2. Analytically discuss the importance of break-even analysis with the help of a break-even chart. (500 words). 3. Evaluate the importance of any six operational budgets for a limited company. (650 words). 4. Discuss analytically the importance of variance analysis as a cost controlling and decision making tool. (450words). The six types of budg...

Voice App is a midsize software company that specializes in voice recognition software. Due to rising costs of maintaining IT technical support, your director is considering outsourcing¬ your technical support services. Currently, your technical support service desk is staffed by 30 full-time and 15 part-time employees. Your director has asked you to prepare a recommendation report that includes the advantages and disadvantages of outsourcing and a cost/benefit analysis to determine if outso...