Too-big-to-fail is a key issue in global financial crisis
2008. Do you think whether this issue is fully resolved by
regulatory bodies? Why or why not?
Cost accounting is often referred to as "managerial accounting".
Why do you think this is so? Discuss the ways that a company uses
cost accounting, and how it uses financial information for the
purposes of cost accounting. Discuss the differences between the
reports prepared for managerial accounting and those prepared for
financial accounting.
Since accounting is the language of business, why do you think
it will be important as a business person to be able to speak the
language fluently? What would be the consequence of not knowing the
language very well?
What do you think is the most controversial ethical issue of
our time? Why?
What do you think will be the most controversial ethical issue
in 50 years from now? Why?
Do you think the ethical principles and theories we’ve learned
in this class will still apply to assist in ethical
decision-making? Why or why not?
In making a changes to a method in an accounting
practice/method, why do you think it would be import to compare the
reports(FIFO &LIFO) using both to give the reader the results
using both methods. IE in your inventory change, what would be COS
using both
Do
you think that tests such as this, that demonstrate the Big Five
Factors, are a good way to examine personality differences? Please
share details on your thoughts.
a) What is creative accounting? b)Why do you think that it might
clash with the idea that the financial statements should give a
'true and fair view' of the accounts? c)Does creative accounting
represent the unacceptable face of accounting flexibility?