define accounting. What are the three main characteristics of accounting? Is accounting static or dynamic? Accounting collects‚ analyzes‚ measures and records financial information about an organization and reports that information to stakeholders and decision makers. Accounting has 3 essential characteristics. Accounting is the (1) identification‚ measurement‚ and communication of financial information about economic entities to interested persons. Like social sciences‚ accounting is largely
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Social Responsibility What Definition Making a profit within the ambit of the law and to make decisions that will benefit not only the interest and welfare of society but also that of the organisation Origins of Social Responsibility • Entrepreneurs recognised a responsibility to employees. This refers to an act of paternalism to act in a fatherly way‚ caring and taking responsibility • Josesph Rowntree – Paternalistic Chief Executive – provide generous medical and dental schemes. Not possible
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Critical Social Policy http://csp.sagepub.com/ Capitalist globalization‚ corporate social responsibility and social policy Leslie Sklair and David Miller Critical Social Policy 2010 30: 472 DOI: 10.1177/0261018310376804 The online version of this article can be found at: http://csp.sagepub.com/content/30/4/472 Published by: http://www.sagepublications.com Additional services and information for Critical Social Policy can be found at: Email Alerts: http://csp.sagepub.com/cgi/alerts Subscriptions:
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MODULE 1 Management Accounting Module 1 Management Accounting Objectives Aim To provide an understanding of the nature of management accounting and its role in the process of managing and controlling the enterprise. Key Concepts ▪ Management accounting ▪ Management control ▪ Decision making Learning Outcomes By the end of this section you should be able to understand: ▪ The purpose of management accounting ▪ The concepts and processes of control. The
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Houston Dialysis Center 1. I do not find it “fair” for the Dialysis Center to suffer in profit and hence at the idea that Linda may lose her bonus at the expense of the Outpatients Clinic. I believe here you have the perfect opportunity to distribute allocation to both the Dialysis Center and Outpatients Clinic in order to see a net profit from the additional space of the Outpatient Clinic. By taking advantage of the new Dialysis Center facility it could be a consideration to allocate funds that
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SOCIAL RESPONSIBILITY Business must embrace social responsibility as a requirement‚ a duty in the present world as business has a huge impact on the society and the environment. To work responsibly and ethically should be the values of a business because social responsibility can be directly associated with a good profitable business. Social responsibility creates a win-win situation for a business organization. First and foremost it must be stressed that social responsibility is a must for all
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be more involved in their children’s lives and be concerned with the people and places that he or she is associated with. On the other hand‚ some people determine that if a child under eighteen commits a crime‚ their parents should not take responsibility for it. When parents discipline a child too much‚ the child is likely to be rebellious and go against their parents’ wishes. There are parents that have done all that they could and in spite of that‚ their child gets into criminal activity. The
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Chapter 1 Managerial accountingis the process of identifying‚ measuring‚ analyzing‚ interpreting‚ and communicating information in pursuit of an organizations goals. Managerial accounting is an integral part of the management process‚ and managerial accountants are important strategic partners in an organizations management team. Four fundamental management processes that help organizations attain their goals Decision making‚ Planning(developing a detailed financial and operational description of
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Moral Responsibility America would not be where it is without the laws that have been placed and the citizens who follow the laws. In order for this to happen the knowledge and acceptance of the laws are needed to establish order. African Americans had been secluded in the past through harsh laws of segregation. Although many believe disobeying the law is morally wrong and if disobeyed a punishment should follow‚ Martin Luther King’s profound statement‚ “One has the moral responsibility to disobey
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STARBUCKS COFFEE CORPORATION SOCIAL RESPONSIBILITY STRATEGY JJT2 SOCIAL RESPONSIBILITY TASK 1 Unknown Introduction Starbucks Coffee Corporation is a world renowned Fortune 500 company headquarter in Seattle‚ Washington USA. It was founded in 1971 with the sole mission to bring the unique Italian coffee experience to the masses. Its CEO Howard Shultz has successfully created a company brand where customers identify its coffee to a distinctive and premium experience. Starbucks Coffee
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