ow do you Examine aspects of financial responsibility within an industry/organization in real life.
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how do you Examine aspects of financial responsibility within an industry/organization in real life.
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- Companies have the moral obligation to conduct ethical operations. There are many cases where companies have different outcomes in their operations because of their interpretation of what ethics is. Why do accounting ethics and its application to operations create a wide variety of outcomes across companies? How can accounting ethics affect accounting operations and applications?Discuss the four types of financial responsibility centers. What are the advantages and disadvantages of each?Explain why it is critical to link financial management to the objectives or mandates of an organization
- How can organizations ensure that financial contributions align with their strategic goals and have a meaningful impact on the overall management and success of the company?Of the three financial ratios discussed in this chapter, which do you think is the most important financial ratio? Why?How have firms responded to changes in business Contrast the use of strategic financial measures with the use of strategic nonfinancial measures. What are some of the factors in the contemporary business environment that are causing changes in business firms and other organization, and how are the changes affecting the way those firms and organizations use cost management information?
- You have been asked by the board of directors of a listed bank to update them on the emerging corporate governance issues that should be of interest to them. Research and prepare a report for the board on the corporate governance issues that should be of current concern to thedirectors of this company.Evaluate the culture of Accounting Student Associations by answering the following; How would you describe the culture? How do new members learn the culture? How is the culture maintained?How can organizations effectively manage security and compliance as part of their system management strategies, especially in highly regulated industries like healthcare or finance?
- How can one estimate cannibalization? Financial managers usually work closely with marketing and other departments in the development of project cash flows. Which department might be best equipped to answer this question?What are the ethical considerations involved in a company's decision to loan executives’ money to cover margin calls on their purchase of shares of company stock?Explain the challenges a business faces and the seriousness of financial responsibility?