Environmental Accounting(EA) goes beyond recording and measuring because it deals with decision making and steps in conservation of resources Environmental accounting (EA) is seen by corporate managers and environmental advocates alike as a necessary complement to improved environmental decision-making within the private sector. Whether the goal is pollution prevention, or some broader notion of "corporate sustainability," there is a widespread belief that sound environmental accounting will help firms
Accounting researchers have argued that the development of cost accounting systems is associated with the development of the industrial sector. Earlier researchers argued that the Industrial Revolution, which happened in the eighteenth century, was the starting point for cost accounting systems (Garner, 1947; Mepham, 1988; Fleischman & Parker, 1991; Fleischman & Tyson, 1993; Ning, 2005). Connecting the development of cost accounting systems with the Industrial Revolution led to earlier researchers
An empirical investigation of Big Data Analytics role in customer performance measurement INTRODUCTION The balanced scorecard is a managerial accounting tool designed to align managerial decisions with corporate strategy by focusing attention and effort on a balanced set of performance measures that are both financial and nonfinancial. Balanced scorecard information, if properly constructed, can enable managers to make decisions that fit best with firm strategy and it can encourage managers to exert
THE FACTORS INFLUENCING CAPITAL BUDGETING DECISIONS IN THE MANUFACTURING SECTOR IN KENYA BY NCHOROKO KEVIN NYAMIAKA 636499 CHAPTER ONE 1.0 INTRODUCTION 1.1Research Background Capital budgeting is a required managerial tool. One duty of a financial manager is to choose investments with satisfactory cash flows and rates of return. Therefore, a financial manager must be able to decide whether an investment is worth undertaking and be able to choose intelligently between two or more alternatives
2.0 Agency Theory and Corporate Governance Corporate Governance is a term used to refer to the processes, policies, regulations and customs by which a corporation is directed, administered and controlled. Corporate governance has been an integral part of the business practice since the creation of corporate structure and separation of ownership from control (Aguilera & Jackson, 2010). Corporate governance specifies the responsibilities and rights of various stakeholders in the organization, e.g
Session 1 HR Accounting: Introduction and Overview In our first session we discussed about the layout of our course and a brief about all the components of the evaluation. The first session also included Overview of HR Accounting from a historical perspective and the related future implications. Accounting is an art of recording, classifying, summarizing and interpretation of result. And Human Resource basic function is to provide right man for right job. Human Resource Accounting is the process
perception is two theories of how organizational behavior can be viewed by companies. Why do people behave a persuaded way in an organizational environment? What factors affect job performance, employee relations, job assurance, leadership and managerial styles? This area of study examines human behavior in a work environment and determines its impact on job structure, performance, communication, motivation, leadership, etc. Internal and external perspectives are two theories of how organizational
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
value that represent an undivided interest in the ownership of an underlying asset (both tangible and intangible), usufruct, services or investments in particular projects or special investment activities is the definition of Sukuk according to the Accounting and Auditing Organization for Islamic Institution (AAIOFI). The Securities Commission Malaysia defines Sukuk as a certificate or financial document which represents the value of an asset evidencing an undivided pro rata ownership of an underlying
According from the macroeconomics books, theories and policies the Tenth edition by Richard T.Froyen (2012) explained that inflation is a rise in the general level of prices. Based from the Investopedia, inflation is the rate at which general level of prices for goods and services is rising, and subsequently, purchasing power is falling. Inflation is a rise in consumer prices, increasing the cost of living. Some inflation is caused because a country has printed too much money or experienced tremendous