auditing efforts.After new legislation ,it was believed that government has extended its control over cost accounting practices in manufacturing industries.But,in reality government didn’t do anything sound enough to exercise its control. On the other hand, the individual government organization (Navy & Maritime Commission) inspectors were assigned to the companies for scrutinizing cost accounting procedures, which proved to be a time consuming and worthless effort for the industry.
difference between IFRS and GAAP. IFRS: stipulate on the general principles of economic transactions accounting principles. It is simple and clear, and emphasize the content of understanding and application. It emphasis on substance does not stick to the form, which will help to truly reflect the financial status and business performance. It possesses forward-looking, withstand the trial of space-time evolution and transaction innovation. GAAP: specific detailed content and strong operability. It has a detailed
MANAGEMENT ACCOUNTING EDUCATION AND INDUSTRIES’ EXPECTATIONS IN NIGERIA: An Empirical Analysis BY Chinwuba OKAFOR, Ph.D DEPARTMENT OF ACCOUNTING FACULTY OF MANAGEMENT SCIENCES UNIVERSITY OF BENIN BENIN-CITY, EDO STATE, NIGERIA E-mail: chinwubao@yahoo.com Phone: +2348037867627 and Edirin JEROH, DEPARTMENT OF ACCOUNTING AND FINANCE FACULTY OF THE SOCIAL SCIENCES DELTA STATE UNIVERSITY, ABRAKA. E-mail: jeroh4laff@yahoo.com Phone: +2348028336086 INTRODUCTION Accounting as a discipline
level. Corporate governance is rapidly evolving among the world's leading companies, which strive to fight internal corruption in the company with all the nuances of corruption, from employee selection and commitment to work to financial matters and management Corporate Governance. Control and monitor of potential risks
applicable to the field of management. Within this scope, the term management control was introduced by Anthony who defined it as the process of assuring that resources are obtained and used effectively and efficiently in the accomplishment of the organisation’s objectivesThe purpose of the research paper is to highlight the management control systems of large companies and their stories on success and failures. The paper is been based on the previous research conducted. The management control systems had
COST ACCOUNTING INNOVATION AND TWO OF ITS IMPACT (Impact of cost accounting on financial and management decision) ABSTRACT This research contains the information’s and findings about the cost accounting evolution, about how it started from being an accounting itself through the birth up to the development of cost accounting. And the main purpose of this research is to discuss the two of its impacts, and also their benefits and implications. It also includes the objectives of cost accounting. And
Source #1 Forghani, M. A., & Tavasoli, A. (2017). Investigating the Relationship between Knowledge Management Dimensions and Organizational Performance in Lean Manufacturing. International Journal Of Management, Accounting & Economics, 4(3), 218-225. In this journal article, Forghani & Tavasoli conduct research to study the relationship between knowledge management and organizational performance. Five hypotheses were tested. There is a relationship between knowledge acquisition and performance
Introduction Human resource management (HRM) is simply defines as the management of human resources. ("Human Resource Management"). In details it is the process or function within an organization that focuses on hiring and developing employees in order to improve their performance and become more valuable to the organization. Human resource management is one of most important elements for the success of the company and its evolution, so it is important for HRM to be high in quality, efficient, flexible
The aim of this paper is to present the key elements of the information management process in the construction industry. Construction projects typically require substantial effort, time, and capital outlay. Information management provides the means for improved project management, coordination of individual efforts, time and cost reduction. The genesis of a construction project involves four general development phases. In concept and initiation phase the project scope and requirements are outlined
collaboration with Deutsche Telekom AG. This thesis work serves two major goals; the first goal is to fulfill the requirements of M.Sc. Economics and Finance degree program at Rhine-Waal University of Applied Sciences, Germany. The second goal is to support management and One.ERP team of Deutsche Telekom for successful implementation One.ERP/One.Finance project. Deutsche Telekom AG is one of the world's leading providers of telecommunication and information technology