What is the role of accounting and accountants? Include answers to the following two questions in your explanation: What is the difference between financial and managerial accounting? What is the difference between public and private accounting? Provide specific examples from your experience and/or this week's readings to support your ideas.

Q: Angel broking has invested $150,000 in a project. He Required a return of 15% on his Investment.…

A: Contribution margin is sales revenue over and above variable costs.

Q: professional ethics

A: Professional ethics are the standards of attitude and behavior to be kept in exercising a…

Q: Explain: Understanding the intentions of accounting students to pursue career as a professional…

A: Answer: There are wide variety of scope for accounting field.  Accounting field students have career…

Q: Understand the intentions of accounting students on career as professional accountant .

A: Accounting has a wide range of applications. Accounting students can work as professional…

Q: Think about the main duties/tasks for the Accountant and Auditor occupation. Using the tasks listed,…

A: Self Determination Theory According to Self Determination theory which is highlighted the details of…

Q: To what extent do accounting standards and regulations contribute to the development of accounting…

A: Accounting standards are a set of guidelines and rules established by accounting regulatory bodies…

Q: Accounting professionals apply many technology tools to aid them in their everyday tasks and…

A: Accounting is the process used for recording the business’s financial information to obtain the…

Q: What are some of the benefits to obtaining a degree in accounting? What is the difference between a…

A: Accounting: Accounting is a system; or a process of collecting and organizing economic transactions,…

Q: choose, define, and restrict a topic based on a problem or issue you might deal with in the…

A: Introduction The Accounting Division has the responsibility of accurately and efficiently…

Q: Describe the responsibilities of a financial analyst. Write five to seven bullet points outlining…

A: The responsibilities of a financial analyst include: analyzing financial data, preparing reports,…

Q: What have you learnt in a course relating to financial accounting?

A: Answer: 1) Financial Accounting: Financial accounting is the method of recording, summarizing and…

Q: Write an exploratory essay on how will current trends, concerns, and research related to the…

A: An exploratory essay on the impact of current trends, concerns, and research in accounting and…

Q: Financial accounting can also be described as a way to a. Tell the financial story of a company.b.…

A:

Q: Which of the following is NOT an application of Accounting Research? O a. Deciding and implementing…

A:

Q: Identify to what ethical theories these quotations best relate. Explain your answers in 3 to 5…

A: Code of Ethics for Professional Accountants - The IFAC code of ethics for professional accountant is…

Q: Why is accounting quality important in financial analyst. Provide an example showing one of the…

A: The value of financial accounting is primarily defined by its quality. The core premise of…

Q: prudence concept a

A: Prudence concept is a fundamental accounting concept.

Q: Discuss the two main branches of accounting and explain the differences between financial accounting…

A: Accounting: Accounting is a system, or a process of collecting and organizing economic transactions,…

Q: Many accounting professionals work in one of the following three areas.A. Financial accounting B.…

A: Financial Accounting:   It involves identifying, recording, summarizing and reporting the economic…

Q: Why shall accounting students need to study accounting theory? Choose one of accounting theories you…

A: Accounting theory means those theories which are used to study and in the application of accounts…

Q: What were some interesting management accounting concepts that came up this week? At this point, do…

A: Management accounting and financial accounting are two distinct branches of accounting that serve…

Q: Identify and explain briefly the fundamental principles that accountants are required to  comply…

A: 1. Integrity: Accountants must act with integrity, objectivity, and independence. This means that…

Q: Explain the various methods used to measure and report the performance of a business in accounting…

A: In accounting theory, measuring and reporting the performance of a business is crucial for…

Q: write a analysis on the case study for Prye Byll and Runner Chartered accountants

A: Below is an expression.Explanation:Title: Analysis of the Prye Byll and Runner Chartered Accountants…

Q: What is the role of accounting in business?  Elaborate your points by providing some real-life…

A: Let us first determine and understand what accounting is. Accounting is the process or the system of…

Q: How you would interprete Financial statements to your boss who is a Non-Accountant with…

A: There are several ways to interpret financial statements to a non-accountant boss. The most…

Q: What is accounting and what are your learnings about it?

A: Account: It is often defined as a record maintained in the general ledger of the company and used to…

Q: Discuss the role of ethics in accounting. What ethical considerations do accountants need to keep in…

A: Ethics plays a crucial role in accounting as the accounting profession deals with sensitive…

Q: When doing Research in Accounting, What skill helps the researcher conduct research effectively and…

A: When conducting research in accounting, there are several skills that can help a researcher be…

Q: Watch the following video that highlights working in public versus private accounting, and describe…

A: Cons:Long Hours and High Stress: Public accountants frequently face demanding workloads and tight…

Q: In your honest opinion, do you find Income Taxation subject relevant or useful to your current…

A: Income taxation is extremely relevant to management accounting and my desired career. As a manager,…

Q: What is the role of accounting in society, and how has it evolved over time? How do social and…

A: Accounting is a crucial tool in modern society, providing essential information that guides economic…

Q: REQUIRED: You are required to prepare a reflection paper that incorporates your answers to the…

A: “Since you have posted multiple questions, we will provide the solution only to the first question…

Q: Now, consider emerging trends in business today.  How should the discipline of managerial accounting…

A: Management accounting is the branch of accounting which deals with the decision making of the…

Q: What would you contribute to a conversation about accounting topic? For example, you might discuss…

A: When contributing to a conversation about an accounting topic, it's important to ensure that your…