The business field generally is a more dynamic one and this equally applies to the area of accounting. As the businesses are shaping up to embrace and incorporate innovations of the 21st century in their operations, newly framed accounting principles and practices, which are relevant in the accounting profession, are surfacing. Accounting today is no practiced as it was practiced a hundred years ago. In this regard, modern managerial accounting learners, and other interested parties, need a book that encapsulates and reflects all the modern accounting principles. Managerial Accounting: An Asian Perspective 2nd Global Edition is a textbook that has been uniquely written and structured in a manner that meets the demands of the accounting profession. For students, it is much easier now to grasp the concepts easily and hence making studies productive.
Relevance is of primary importance in this textbook. It is for this reason that each chapter in the textbook is preceded by short stories that introduce the learners to the reality of what they are about to study. This is very important because any learner is interested in studying something he can practically apply in life outside the classroom. The short stories create an imagination in the mind of the students and this is helpful as it helps anybody reading that chapter to integrate whatever he is reading with the imagination of the real life experience imparted by the short opening story.
Think GlobalAccounting is naturally a complex field and this manifests in the learning process. However, this textbook has simplified the complexity by using framework-based methods. These methods are also graced by new techniques, which break down hard topics into manageable subtopics that are well detailed for anybody to understand. This includes use of simple language and numerous examples. The aim is to make every reader understand.
The book has seventeen chapters. Each chapter is well integrated between accounting and managerial principle to realize the goal of equipping every student with the right skill. Each chapter develops accounting principles from a managerial perspective. As you are reading the book, you will come across the in business boxes as well as in the government boxes. The ideas presented in these in boxes are analyzed on the lens of accounting in action from the managerial perspective. The skill acquired here helps the person reading chapters of this textbook to understand clearly how real-world business problems are solved using accounting concepts on a daily basis. Considering the dynamism depicted in operating modern businesses then this skill is irresistibly needed by managers and accountants to counter the imbalances introduced by the changing factors.
This book presents a wealth of knowledge to its users primarily because it has been co-authored by highly experienced professionals in finance and accounting fields. The Asia edition of this textbook is a collaborative work of the main series authors and two local authors. This aspect is very important in the development of the book because the textbook is structured in a way that guarantees relevance. Katherine Yuen and Nam San Cheng are all based in Asia and their inclusion in the writing of this book ensures that all aspects of the locality are included to help students in Asia identify with the real accounting principles that affect the dynamics of their economy.
Part A - Financed Emissions provides detailed methodological guidance to measure and disclose GHG emissions associated with seven asset classes as well as guidance on emission removals:
As the Standard and PCAF evolve, additional asset classes and case studies will be added to the Standard.
Using this Standard equips financial institutions with harmonized, robust methods to measure financed emissions, a metric that enables them to:
The first edition of this Financed Emissions Standard has been reviewed by the GHG Protocol and is in conformance with the requirements set forth in the Corporate Value Chain (Scope 3) Accounting and Reporting Standard, for Category 15 investment activities. The newly added sovereign debt methodology and guidance on emission removals in this second edition are pending GHG Protocol review and approval.
Each team receives technical assistance to implement GHG accounting and reporting at no cost. The lessons learned through the regional implementation feed into the refinement of the Global GHG Accounting and Reporting Standard for the Financial Industry.
[...] In order for banks to reduce their impact on global warming, we need to be able to measure what that impact actually is. We recognize the Dutch founders for initiating the open-sourced methodology that PCAF provides as a major step forward. Amalgamated Bank is proud to be a part of this first-of-its-kind partnership and we hope to be joined by many more banks in this endeavor.
Our School of Business and Management has a fresh and intellectually challenging approach to management research and education. Studying Management with International Business at Royal Holloway means that you will learn from internationally renowned experts who will share their research and experience so that you gain current and relevant management skills and knowledge. Your specialist knowledge in international business, combined with interpersonal and transferable skills, will lead to excellent career prospects in management.
You will build on your skills and abilities in all the key areas of management, including: strategy, international business, marketing and consumption. You will also explore the key aspects of information systems and technology in relation to business management. You will then develop expertise in management information systems, operations, e-commerce, project management and technological strategies. By electing to spend a year in business you will also have ample opportunities to integrate theory and practice.
Our balanced approach to research and teaching guarantees high quality teaching from subject leaders, cutting edge materials and intellectually challenging debates. You will receive individual attention and flexibility to acquire, if desired, expertise within a specialist field.
This course will allow you to develop a creative approach to problem solving that produces effective management results along with how to provide direction, assess progress, and adapt your approach to changing circumstances.
We're committed to preparing our students for graduate-level jobs after university and we continually review and refresh our courses to ensure they align with current trends and employer requirements.
In this module, you will develop an understanding of the external and internal environments of organisations and their relevance to help you develop self-awareness and knowledge and skills required to succeed at university, at work and in life generally. You will look at a range of academic and professional literatures, examine the skills and abilities relevant to applying for or working as a professional, and consider how to communicate with academic and business audiences in a clear and effective manner.
In this module, you will develop an understanding of quantitative studies and how they are employed to business disciplines such as finance and operations. You will look at how quantitative studies relate to differences, associations and relationships in groups and populations, and examine a range of statistical techniques and use data, logical thinking and reasoning to make data driven decisions from an ethical perspective.
On this module you'll learn about the management of international enterprises and which cross-border challenges that need to be taken into account when firms consider internationalising. The module also covers the impact of different formal economic, political and legal institutions, as well as more informal institutions, such as culture, religion and language that must all be considered by an internationalising enterprise. The module also identifies the implications concerning business ethics and sustainability
In this module you'll be introduced to the fundamental aspects of financial accounting, management accounting and finance. You'll further be introduced to the underlying framework and concepts of accounting and finance and their role in organisations and society.
On this module you'll explore the foundations of responsible business and will prepare for a business world where the agenda is no longer 'business as usual'. Using case studies, practical examples and new theories on responsible business you'll explore some of the 17 United Nation's Sustainable Development Goals such as climate action, reduced inequalities, responsible consumption and production and their relevance to business.
In this module, you will develop a solid grounding in key concepts relevant to a critical understanding of how organisations function, and why this matters to both employees and prospective managers. Themes such as organisational design, the social and psychological contract, conflict, power, diversity and equality, emotional labour, space and place, and the impact of internal and external forces on organisations, will be looked at through the lens of competing organisational theories such as the classical perspective, Institutional Theory, Systems Theory, and Contingency Theory. You will learn to demonstrate their understanding of, use, discuss, and evaluate these theories making use of a range of tools such as, contemporary case studies, class discussion, class presentations, and simulation exercises.
In this module you will develop an understanding of information systems and how they have become the backbone of contemporary businesses. You will consider how they are used by business managers as a tool for achieving operational excellence, developing new products and services, improving decision making, and achieving competitive advantage. You will also examine the broader organisational, human and information technology dimensions of information systems and how they can be used to provide solutions to challenges and problems in the business environment.
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