Managerial Accounting for Decision Making Essay

Managerial Accounting for Decision Making - Essay Example Horngren and Sundem, 1990. P- 4’ (MACINTOSH & QUATTRONE. 2010) Management accounting system is a part of the larger control system in the organization used to measure, monitor and motivate the managers and employees in the organization and also to coordinate with the other components of the organization like machine, information, material and technologies etc. For a robust control system it is necessary for the entire control mechanism to support each other, management accounting system can play a great part in coordinating and controlling all the activities in the organization. (MACINTOSH & QUATTRONE. 2010) Management accounting system not only helps in planning and coordinating activities of the organization but also plays a vital role in performance measurement and decision making by providing information for managers to make timely decisions, to be effective and efficient in the execution of the business and to improve overall performance of the organization. ... between financial and management accounting for which one thinks that they both perform the same function like both are used in the reporting purpose and helps managers in analyzing the company’s performance and take action for control. But it’s important to mark the differences and benefits that management accounting can solely provide to the organization. Financial accounting is used at the end of the financial year when auditors come for the audit. They work on the historical data that how company performed during the year and prepare their report for the shareholders confirming company’s accounts give a true and fair view. Management accounting however is used to provide information for managers only on a continuous basis that is it doesn’t wait for the financial year to end. It is forward looking and focuses on information that managers can use to make decisions for the future. Therefore if company has issues and loopholes in the control and informati on systems it can be corrected right on time. Management accounting system in short makes the managers adopt a more forward looking approach for the business. (NEEDLES, POWERS & CROSSON .2010) Part A. 2. Identify from the case study the reasons why Tania thinks that Nosystem Limited should install a management accounting system Analyzing the case given it could be argued that Nosystem needs to install management accounting system. As Tania emphasized that Nosystem is a growing organization now there is a growing need for the planning, control and coordinating activities. By installing management accounting system Nosystem can plan its activities at all levels that is strategic, tactical and operational levels to achieve the ultimate goal and objective of the company mentioned in the mission statement. Further

The films Juno and American Beauty Essay Example | Topics and Well Written Essays - 1000 words

The films Juno and American Beauty - Essay Example The girl Juno here is a 16 year old female, who gets pregnant by her classmate Paulie and both plans to abort the baby. Juno is a girl with carefree attitude and does not care about what other people think about her. Juno in her tender age is ignorant about pregnancy and issue related to it and this quote confirms it. Juno MacGuff: I don't know, I drank like, ten gallons of Sunny D... I'm telling you I'm pregnant and you're acting shockingly caviler. Leah: Is this for real? Later by the influence of her friend she changes her mind and plans with Paulie to give the baby for adoption for this she gets the support from her parents. Juno with her friend Leah finds a couple to adopt the baby and the film later shows the Juno’s experience with the pregnancy and the emotional struggle associated with it. Long before the birth of the baby, Juno also confesses her love for Paulie. Also Paulie accepts the love for Juno and soon after she delivers a baby boy. In the meanwhile, the couple who about to adopt the baby faces a marriage breakdown. In the end of the movie, Vanessa (Single mother) who is supposed to adopt the baby accepts the baby and Juno and Paulie are shown to be passionately in love. The Movie American Beauty This movie American beauty explains the life of Lester who is writer in a magazine who dislikes his job. His wife Carolyn is a rude character, and their daughter Jane despises her parents. â€Å"Carolyn Burnham: Are you trying to look unattractive? Jane Burnham: Yes. Carolyn Burnham: Well, congratulations. You've succeeded admirably†. These dialoged shows the hostile relationship held by the mother and the daughter. Lester has a neighbor who is a colonel accompanied by his less social wife and a drug addicted son Ricky. The Lester’s daughter Jane is in love with Ricky and wants to extend her relation with him. Lester on the other hand is deep down inside depressed and wants a person to share his feelings. Meanwhile he gets in touch with Jane’s friend Angela and gets infatuated with her. Lester begins to experience sexual fantasies about Angela wherein red roses are surrounded by Him. On the other side, Carolyn his having an affair with her business counterpart Buddy. Later Lester finds out about his wife’s extra -marital affair but reacts indifferently. Jane in the later part of the movie gets involved with Ricky and Lester too gets friendly with Angela. In between all this Lester gets marijuana from Ricky and uses it and tries to sexually encounter Angela and finds that she is virgin and backs out. The father of Ricky accidently sees Lester nudely exercising and his son watching it, and concludes they r gay mates. Colonel rushes to Lester home and shoot him to death. Comparison between Juno and American Beauty The movie Juno and American beauty is both centered on teenagers and their romantic life and sexual activities. The movie is basically about the culture of teenagers in American and how th ey lead an unorganized and indisciplined life as this quoted depicts it. â€Å"Angela Hayes: Jane, he's a freak! Jane Burnham: Then so am I! And we'll always be freaks and we'll never be like other people and you'll never be a freak because you're just too... perfect! â€Å"Both these movies show to the viewers that the sexual life of American teenagers is active at an early stage. The movies also display the marriage failure happening in American society and how fragile relationship is. According to (Sarris) â€Å"In American Beauty ,Kevin Spacey plays Lester Burnham, a man in his mid-40s going through an intense midlife crisis; he's grown cynical and is convinced that he has no reason to go on†Both the movies also show the emotional struggle undergone by teenage and adults of America. The movie Juno has an anti –