applied managerial accouting
MUST BE IN THIS FORMAT
Phase 1 Task 2;
Save your time - order a paper!
Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines
Order Paper NowFor this assignment the student is to write a memo that discusses the information found in each of the following financial statements: Balance sheet, Income statement, Statement of cash flows, and the Statement of stockholders’ equity. The student is also discussing how that information is used for planning and control of the company.
Format:
I. Part 1 – Give an overview of what is going to be discussed in the memo
II. Part II: Heading – Information Found on the Financial Statements
a. Income Statement – Define and Explain
b. Balance Sheet – Define and Explain
c. Statement of Stockholders Equity – Define and Explain
d. Statement of Cashflows – Define and Explain
III. Part III Heading – How Accounting Information is Used
a. According to the text, accounting information is used for (1) planning, (2) controlling and (3) directing and motivating. Explain each of these terms and give an example of each.
b. Format –
i. Planning
1. Definition
2. Example
3. Explanation of how the financial statements and/or the nonfinancial measures assist with this objective
ii. Controlling
1. Definition
2. Example
3. Explanation of how the financial statements and/or the nonfinancial measures assist with this objective
iii. Directing and Motivating
1. Definition
2. Example
3. Explanation of how the financial statements and/or the nonfinancial measures assist with this objective
IV. Conclusion
V. References
"Looking for a Similar Assignment? Order now and Get 10% Discount! Use Code "Newclient"
