The Role of Management Accounting Management Accounting Financial accounting and managerial accounting are subdivisions of accounting and play an essential role within an organization. Discuss the major differences between managerial and financial accounting then apply your understanding to the following 4 scenarios. Discuss if these are managerial accounting or financial accounting and why. A company is looking to increase its gross profit by reducing costs […]

College of Administration and Finance SciencesAssignment (1) Deadline: 13/7/2024 @ 23:59 Course Name: Student’s Name: Course Code: ACCT403 Student’s ID Number: Semester: summer term CRN: Academic Year: 1445-1446 H For Instructor’s Use only Instructor’s Name: Dr. Abdullah A Al Akkas Students’ Grade: /15 Level of Marks: High/Middle/Low Instructions – PLEASE READ THEM CAREFULLY • The Assignment must be submitted on Blackboard (WORD format only) via […]

Module 1 – SLP ACCOUNTING COST SYSTEMS AND COST BEHAVIOR You are applying for a managerial position at an innovative and rapidly growing company. This is a dynamic company that wants an individual who adds value to the organization. Managers at this company wear many hats, so the position requires managing products, people, and financial aspects of running the company. As part of the interview […]

8/28/24, 6:57 PMHospitality Industry Managerial Accounting : Problems Donna Drysdale, co-owner of Drysdale Pizza, provides you with the following information for 20X3 and 20X4: 20X3 20X4 Food sales $ 800,000 $ 850,000 Other sales 50,000 60,000 Total sales 850,000 910,000 Cost of food sold Cost of other sales 160,000 20,000 170,000 24,000 180,000 194,000 670,000 716,000 Salaries and wages Employee benefits Other expenses 160,000 50,000 […]

A key consideration in financial accounting is understanding the difference between accrual basis accounting and cash basis accounting.  As we have already learned, Generally Accepted Accounting Principles (GAAP) requires that accrual basis accounting be utilized for financial reporting for publicly-traded firms, and in general, the majority of firms utilize accrual basis accounting for financial reporting purposes, even if they are not publicly-traded.  Let’s explore and […]

ACC 691 Module Eight Assignment Guidelines and Rubric Scenario You are an auditor investigating how an organization’s chief financial officer (CFO) embezzled a large sum of money over the past five years. In your interview with the organization, you learned that the management team had not changed for about eight years. The CEO admitted that since he doesn’t understand much about accounting, he did not […]

College of Administration and Finance SciencesAssignment (1) Deadline: Saturday 06/07/2024 @ 23:59 Course Name: Introduction to AIS Student’s Name: Course Code: ACCT402 Student’s ID Number: Semester: Summer CRN: 50201 Academic Year: 1445-6 H For Instructor’s Use only Instructor’s Name: Habiba Moabber Students’ Grade: /15 Level of Marks: High/Middle/Low Instructions – PLEASE READ THEM CAREFULLY • The Assignment must be submitted on Blackboard (WORD format only) […]

College of Administration and Finance SciencesAssignment (2) Deadline: Saturday 03/08/2024 @ 23:59 Course Name: Introduction to AIS Student’s Name: Course Code: ACCT402 Student’s ID Number: Semester: Summer CRN: 50201 Academic Year: 1445-6 H For Instructor’s Use only Instructor’s Name: Habiba Moabber Students’ Grade: /15 Level of Marks: High/Middle/Low Instructions – PLEASE READ THEM CAREFULLY • The Assignment must be submitted on Blackboard (WORD format only) […]

College of Administration and Finance SciencesAssignment (1) Deadline: 13/7/2024 @ 23:59 Course Name: Student’s Name: Course Code: ACCT403 Student’s ID Number: Semester: summer term CRN: Academic Year: 1445-1446 H For Instructor’s Use only Instructor’s Name: Wadha Alrashidi Students’ Grade: /15 Level of Marks: High/Middle/Low Instructions – PLEASE READ THEM CAREFULLY • The Assignment must be submitted on Blackboard (WORD format only) via allocated folder. • […]

College of Administration and Finance SciencesAssignment (2) Deadline: Saturday 04/05/2024 @ 23:59 Course Name: Cost Accounting Student’s Name: Course Code: ACCT 301 Student’s ID Number: Semester: Second CRN: Academic Year: 1445 H For Instructor’s Use only Instructor’s Name: Habiba Moabber Students’ Grade: /15 Level of Marks: High/Middle/Low Instructions – PLEASE READ THEM CAREFULLY • The Assignment must be submitted on Blackboard (WORD format only) via […]