A Business Process Explorer Recovering And Visualizing E...

â€Å"A Business Process Explorer: Recovering and Visualizing E-Commerce Business Processes† is a research paper developed by the author: Jin Guo, King Chun Foo, Liliane Barbour, and Ying Zou. The focus of this paper is a business process and how it affects e-commerce systems. Business process can be defined as an assortment of linked, designed actions or responsibilities that are linked together by control flow foundations. E-commerce uses business processes to systematize the day-to-day work flow of an organization. Business must endlessly update their systems to keep up with the changes that occurs with their business process. Business processes are continually trying to find many ways to accomplish new and shifting goals for the business. New or shifting goals, such as changing the responsible for a current business process, or combining more than one responsible into one can be difficult and needs a clear understanding of multi-tiered systems and the business processes it self. The absence of connection among requirement and employment can lead to problems in recognizing the suitable program which must be changed to further increase the worthiness of a system in response to the new goals. Unfortunately, these changes can lead to errors and can make take longer than expected. To fix these problems businesses would have to create a multi-tiered system. The authors developed an explorer tool that will recover business processes from three-tier systems. The authors willShow MoreRelatedManaging Information Technology (7th Edition)239873 Words   |  960 PagesCONTENTS: CASE STUDIES CASE STUDY 1 Midsouth Chamber of Commerce (A): The Role of the Operating Manager in Information Systems CASE STUDY I-1 IMT Custom Machine Company, Inc.: Selection of an Information Technology Platform CASE STUDY I-2 VoIP2.biz, Inc.: Deciding on the Next Steps for a VoIP Supplier CASE STUDY I-3 The VoIP Adoption at Butler University CASE STUDY I-4 Supporting Mobile Health Clinics: The Children’s Health Fund of New York City CASE STUDY I-5 Read MoreMarketing Management 14th Edition Test Bank Kotler Test Bank173911 Words   |  696 Pagesimportant for bigger organizations than smaller ones. E) It is seldom used by nonprofit organizations. Answer: B Page Ref: 4 Objective: 1 Difficulty: Easy 2) ________ is the art and science of choosing target markets and getting, keeping, and growing customers through creating, delivering, and communicating superior customer value. A) Marketing management B) Knowledge management C) Operations management D) Strategic management E) Distribution management Answer: A Page Ref: 5 Objective:Read MoreDeveloping Management Skills404131 Words   |  1617 PagesManagement—-Study and teaching. 2. Management—Problems, exercises, etc. Kim S. II. Title. HD30.4.W46 2011 658.40071 173—dc22 I. Cameron, 2009040522 10 9 8 7 6 5 4 3 2 ISBN 10: 0-13-612100-4 ISBN 13: 978-0-13-612100-8 B R I E F TA B L E O F C O N T E N T S Preface xvii Introduction 1 PART I 1 2 3 PERSONAL SKILLS 44 Developing Self-Awareness 45 Managing Personal Stress 105 Solving Problems Analytically and Creatively 167 PART II 4 5 6 7 INTERPERSONAL SKILLS 232

How High School Gets Brought Up - 1311 Words

What do people normally think of when high school gets brought up? Maybe that it is boring, a waste of time, that a person doesn t really learn much even though there is countless hours invested. When it is time to graduate and head off to college one should feel somewhat comfortable and mostly prepared for college, the assignments are turned in at the needed time and normally not late, very well rounded in all aspects of school education.. Graduating from Northeast Range, that feeling really isn’t there. If it were trade school, yeah, no big deal, but going for an actual degree with all these different classes will be very challenging. There are quite a few students that are, for the most part, prepared, but those are the ones that†¦show more content†¦Is all of this because of the No child will be left behind Act President George W. Bush passed in 2001? One statement that speaks toward this paper from the NCLB Act would be, that the expectation that struggling stud ents learn alongside their peers. Some say that NCLB focused too much on standardized testing. Some schools end up â€Å"teaching to the test†Ã¢â‚¬â€focusing only on what students were tested on. This left little time for anything else the kids may have needed or wanted to learn. Some things that NCLB requires like, highly qualified teachers as well as research-based instruction and basic reporting on school results most people supported. What if it is because of the Every student succeeds Act passed by President Obama on December 10, 2015? When ESSA got passed, they kept some things from the NCLB, but added onto it. The only law that stayed the same would be â€Å"States are responsible for holding schools accountable for student achievement.† The law provides a framework but it is a flexible framework. Whereas in the NCLB didn’t have much of a flexible framework for each state to set their own state standards (The Understood team, 2016). Students generally speaking aren’t very worried on how well they do their work. Many are just focused on getting it turned in regardless to how well it has been done. Select students would think that way, but after theShow MoreRelatedMy Personal Experience : My Experience In My Life1132 Words   |  5 Pagesstrong feelings get together and notice they have differing opinions, it can lead to arguments. That’s what happened in my case. Recently, I experienced my first big fight with my parents over how many college classes I should be able to take. Ever since I was little, I have always tried to do my very best in classes and really push myself. I have also always been a perfectionist and been very on top of my work. I have always wanted to get things done as soon as possible and get ahead anytime IRead MoreResearch Paper On College Athletes1740 Words   |  7 PagesIn my life, the one thing that has always been most interesting to me is sports. I have grown up around sports my entire life and have always stayed active in following it. Over the past few years, there has been a question that has lingered over the sports world and caused a significant amount of controversy. The question would be whether or not college athletes should get paid to play. I have always had an opinion on this very large topic, but as time goes on, new variables keep arising and changingRead MoreAnalysis Of Laura Murphys Beloved1609 Words   |  7 PagesLaura Murphy is a member of the Lake Braddock Secondary School Parent-Teacher-Student Associat ion in Fairfax Station, Virginia. Murphy is advocating for students at the high school to not read a particular novel. The novel that she is challenging happens to be the Pulitzer Prize winner Beloved by Toni Morrison. Murphy is not only challenging the book, but is also wanting to ban Beloved. In regards to future literature, â€Å"new polices are adopted for books assigned† that might have objectionable contentRead MoreHigh School Vs. New Jersey Court Case Essay1660 Words   |  7 Pagestheir permission. This usually continues when you are in high school and the school administrator goes through your purse. This is what happened for T.L.O. when she was a freshman caught smoking marijuana in the bathroom and the vice principle thought that it was okay to look through her purse for proof of what she had done. They both obviously did something that was going to be seen as wrong to different people. Today we will discuss how the T.L.O. V. New Jersey court case was created, th e stepsRead MoreThe Breakfast Club Film Analysis1174 Words   |  5 Pagescinematography makes the film a relatable experience. On the morning of a Saturday, five high school students have to serve detention with each other while really not knowing who they are. All five of these students are hesitant to know each other, but later end up talking and finding a way to escape what feels like prison to them. When they decide to give up and just serve detention, they start to open up about who they are and what they go through every day. Each student glorifies why they areRead MoreElementary School Is An Absolute Ball1233 Words   |  5 Pagesthe fun I’ve had, all the friends I shared memories with at recess, sports games, dances, award assemblies, pep rallies, or anything related to school really. Actually, really looking back I loved elementary, middle, and high school all for the reason that it made me who I am today. If it were not for all the classes, extra curriculars, and other school-related activities, I would not have the friends I have today, would not know even a quarter of all the math, Engli sh, history, science I was taughtRead MoreMy Most Formative Memories Of The South1273 Words   |  6 PagesI was raised in the south nestled in a small town outside of an even smaller city in North Carolina. Growing up in the south was an education on it’s on. For starters, I was not short of discipline. I realized that a lot of my friends’ parents just â€Å"negotiated† with them from age two and beyond. This is not acceptable in the south. One of my most formative memories is being popped in the mouth by my grandmother in front of the entire line at Winn-Dixie because I called her a name - one that rhymesRead MoreArticle Review : Stop Blaming Teachers Essay1704 Words   |  7 Pagesincentive for them to work hard for a high grade. The students know the teacher has to pass them or risk their job. This is an all too common scene in today’s public high schools. Unfortunately, the efforts of teachers are shoved aside and covered by pressures to churn out passing students and high test scores. In her article, â€Å"Stop Blaming Teachers†, Anne Perrin points out the pressures currently facing teachers in the public education systems. Pressures brought on by programs such as No Child LeftRead MoreHigh-Stakes Testing in American Schools Essay1548 Words   |  7 Pagesadministering high-stakes tests. High-stakes testing is scrutinized all the time, since some believe it is the only indicator of tracking students and teachers. They seemed to have been ridiculed by many and favored by few; nonetheless there are significant disparities in the public’s and government’s opinion. According to Dunne (2000), â€Å"Tests arent just tests anymore -- at least not high-stakes tests, which are being used in some states to determine which students stay back a grade, which high schoolRead MoreFinding Yourself1497 Words   |  6 PagesFinding yourself is a part of growing up; a part that is hard, long and confusing, and now imagine having to find yourself in those harsh teen years with one more factor: am I American or am I Mexican? This is the question that a lot of young adults have to ask themselves in consequence of being brought at a young age to the United States. In this paper I will discuss the experience of five people including myself that were brought in to the states at a very young age all with their parents dream

How High School Gets Brought Up - 1311 Words

What do people normally think of when high school gets brought up? Maybe that it is boring, a waste of time, that a person doesn t really learn much even though there is countless hours invested. When it is time to graduate and head off to college one should feel somewhat comfortable and mostly prepared for college, the assignments are turned in at the needed time and normally not late, very well rounded in all aspects of school education.. Graduating from Northeast Range, that feeling really isn’t there. If it were trade school, yeah, no big deal, but going for an actual degree with all these different classes will be very challenging. There are quite a few students that are, for the most part, prepared, but those are the ones that†¦show more content†¦Is all of this because of the No child will be left behind Act President George W. Bush passed in 2001? One statement that speaks toward this paper from the NCLB Act would be, that the expectation that struggling stud ents learn alongside their peers. Some say that NCLB focused too much on standardized testing. Some schools end up â€Å"teaching to the test†Ã¢â‚¬â€focusing only on what students were tested on. This left little time for anything else the kids may have needed or wanted to learn. Some things that NCLB requires like, highly qualified teachers as well as research-based instruction and basic reporting on school results most people supported. What if it is because of the Every student succeeds Act passed by President Obama on December 10, 2015? When ESSA got passed, they kept some things from the NCLB, but added onto it. The only law that stayed the same would be â€Å"States are responsible for holding schools accountable for student achievement.† The law provides a framework but it is a flexible framework. Whereas in the NCLB didn’t have much of a flexible framework for each state to set their own state standards (The Understood team, 2016). Students generally speaking aren’t very worried on how well they do their work. Many are just focused on getting it turned in regardless to how well it has been done. Select students would think that way, but after theShow MoreRelatedMy Personal Experience : My Experience In My Life1132 Words   |  5 Pagesstrong feelings get together and notice they have differing opinions, it can lead to arguments. That’s what happened in my case. Recently, I experienced my first big fight with my parents over how many college classes I should be able to take. Ever since I was little, I have always tried to do my very best in classes and really push myself. I have also always been a perfectionist and been very on top of my work. I have always wanted to get things done as soon as possible and get ahead anytime IRead MoreResearch Paper On College Athletes1740 Words   |  7 PagesIn my life, the one thing that has always been most interesting to me is sports. I have grown up around sports my entire life and have always stayed active in following it. Over the past few years, there has been a question that has lingered over the sports world and caused a significant amount of controversy. The question would be whether or not college athletes should get paid to play. I have always had an opinion on this very large topic, but as time goes on, new variables keep arising and changingRead MoreAnalysis Of Laura Murphys Beloved1609 Words   |  7 PagesLaura Murphy is a member of the Lake Braddock Secondary School Parent-Teacher-Student Associat ion in Fairfax Station, Virginia. Murphy is advocating for students at the high school to not read a particular novel. The novel that she is challenging happens to be the Pulitzer Prize winner Beloved by Toni Morrison. Murphy is not only challenging the book, but is also wanting to ban Beloved. In regards to future literature, â€Å"new polices are adopted for books assigned† that might have objectionable contentRead MoreHigh School Vs. New Jersey Court Case Essay1660 Words   |  7 Pagestheir permission. This usually continues when you are in high school and the school administrator goes through your purse. This is what happened for T.L.O. when she was a freshman caught smoking marijuana in the bathroom and the vice principle thought that it was okay to look through her purse for proof of what she had done. They both obviously did something that was going to be seen as wrong to different people. Today we will discuss how the T.L.O. V. New Jersey court case was created, th e stepsRead MoreThe Breakfast Club Film Analysis1174 Words   |  5 Pagescinematography makes the film a relatable experience. On the morning of a Saturday, five high school students have to serve detention with each other while really not knowing who they are. All five of these students are hesitant to know each other, but later end up talking and finding a way to escape what feels like prison to them. When they decide to give up and just serve detention, they start to open up about who they are and what they go through every day. Each student glorifies why they areRead MoreElementary School Is An Absolute Ball1233 Words   |  5 Pagesthe fun I’ve had, all the friends I shared memories with at recess, sports games, dances, award assemblies, pep rallies, or anything related to school really. Actually, really looking back I loved elementary, middle, and high school all for the reason that it made me who I am today. If it were not for all the classes, extra curriculars, and other school-related activities, I would not have the friends I have today, would not know even a quarter of all the math, Engli sh, history, science I was taughtRead MoreMy Most Formative Memories Of The South1273 Words   |  6 PagesI was raised in the south nestled in a small town outside of an even smaller city in North Carolina. Growing up in the south was an education on it’s on. For starters, I was not short of discipline. I realized that a lot of my friends’ parents just â€Å"negotiated† with them from age two and beyond. This is not acceptable in the south. One of my most formative memories is being popped in the mouth by my grandmother in front of the entire line at Winn-Dixie because I called her a name - one that rhymesRead MoreArticle Review : Stop Blaming Teachers Essay1704 Words   |  7 Pagesincentive for them to work hard for a high grade. The students know the teacher has to pass them or risk their job. This is an all too common scene in today’s public high schools. Unfortunately, the efforts of teachers are shoved aside and covered by pressures to churn out passing students and high test scores. In her article, â€Å"Stop Blaming Teachers†, Anne Perrin points out the pressures currently facing teachers in the public education systems. Pressures brought on by programs such as No Child LeftRead MoreHigh-Stakes Testing in American Schools Essay1548 Words   |  7 Pagesadministering high-stakes tests. High-stakes testing is scrutinized all the time, since some believe it is the only indicator of tracking students and teachers. They seemed to have been ridiculed by many and favored by few; nonetheless there are significant disparities in the public’s and government’s opinion. According to Dunne (2000), â€Å"Tests arent just tests anymore -- at least not high-stakes tests, which are being used in some states to determine which students stay back a grade, which high schoolRead MoreFinding Yourself1497 Words   |  6 PagesFinding yourself is a part of growing up; a part that is hard, long and confusing, and now imagine having to find yourself in those harsh teen years with one more factor: am I American or am I Mexican? This is the question that a lot of young adults have to ask themselves in consequence of being brought at a young age to the United States. In this paper I will discuss the experience of five people including myself that were brought in to the states at a very young age all with their parents dream

Importance of Management Accounting-Free-Samples for Students

Question: Explain the Nature and Importance of Management Accounting, and the Current Roles and Responsibilities of Management Accountants in Contemporary Business Organizations. Answer: Introduction Management accounting refers to the analysis and the interpretation of the accounting information in such a manner so as to help the top level management regarding decision making. It helps the management in functions like planning, analysing, forecasting, reporting and so on. Management accountants are the one who analyse and interpret the financial data in order to help the managers in taking decisions and control over the business. Cost accountants does the work of creating the budgets and managing the cost of organisation. This report is all about the responsibilities and role of a cost and management accountants and the job description for the position of cost and management accountant, its selection criteria and the skills required for this position (DRURY, 2013). The below table shows the 10 different job positions of cost and management accountant and their description collected from the different websites. Data Collection Table 1: Cost and Management accounting positions. No. Position Title Sector(Industry or Government) Position Description Date Listed Website Address Search word or phrases 1 Cost/ Operations Accountant Industry Preparation of the annual budget, keeping the cost up to date and analysing various cost. 18-Oct-17 www.seek.com.au Accountant 2 Management Accountant Industry Database management and providing monthly management reports 13-Oct-17 www.adzuna.com.au Management Accountant 3 Cost Controller Industry Tracking and managing the cost, doing estimations and preparing budgets. 27-0ct-17 www.seek.com.au Cost 4 Regional Management Accountant Industry Providing management analysis and monitoring junior staff. 27-Oct-17 www.seek.com.au Management accountant 5 Project Accountant, Project Cost Controller. Industry Review of cost and expenses, budgeting and forecasting, report on WIP and projects. 1-Nov-2017 www.carrerone.com.au Cost Accounting 6 Senior Management Accountant Industry Reviewing the financial policies and procedures and overall financial performance of the organisation 18-Oct-17 www.au.jora.com Management accountant 7 Financial Analyst Industry Report to senior financial analyst, making annual budgets and forecasts. 19-Oct-17 www.apsjob.gov.au Accounting 8 Cost Accountant Industry Cost reporting, product costing management, analysing inventory, balance sheet and implementing reductions of cost 7-Nov-2017 www.careerjet.com.au Accountant 9 Management Accountant Industry Giving decisions to finance department and executives of university. 25-Oct-17 www.au.jora.com Management. 10 Manufacturing Cost Accountant Industry Time to time costing of manufactured items, reports on analysis of cost and manufacturing 5-Nov-17 www.recruit.net accountant Data Analysis The given table shows the analysis of the data collected related to the job positions of cost or management accountant. Table2: Data Analysis No. Position Title Position Requirements (responsibilities) Cost and Management Accounting criteria required for position Alignment with learning outcomes of ACCT 6004 1. Cost/ Operations Accountant The key role is to develop standard costing and updating costs. Analysing material, labour. And overhead costs Monthly accounting, reporting and reviewing the process of supply chain and manufacturing. Ad hoc cost analysis, inventory analysis. Preparing budgets and forecasts. CPA or CA Excellent Interactive skills. Excel knowledge and analytical skills. Capable of working independently and as a part of a team. Yes 2. Management Accountant Doing trend analysis and helping marketing, sales teams. Working efficiently with others in order to reduce cost and increase efficiency. Managing databases and creating ad hoc reports. Reporting and variance analysis. CA or CPA qualified. Experience in the similar industry or Big 4 experience. Knowledge of inventory. Ability to interact with other staff (non-financial). Very good excel skills. Determined towards the work. Yes 3. Cost Controller Evaluating cost performance Cost estimates for projects delivery. Making standard cost as per industry standards. Analysing the scenario of uncertainty. Understanding flow of cost with help of tracking tools. Accounts training such as ERP/SAP/Pronto. Accounting Qualifications like CPA/CA. Experience counts-5 years Good communication and management skills. Capable of working independently and as part of team. Yes 4. Regional Management Accountant Giving analysis and reports on management to the companies. Coordinating with the senior and junior staff. Interacting and working with other staff also (non-finance and operations). CPA/CA Having experience of the same position. Active, determined and an autonomous worker. Great communication skills. Yes 5. Project Accountant, Project Cost Controller Providing financial support. Reporting to project director. Involvement in process of business control, planning process. Doing management of contract and working capital. Cost and expenditure review. Project and WIP reporting. Budgets and forecasts. Qualification- CA/CPA. Technical skills in project accounting. Have leadership qualities. Highly focused on the work. Capability of giving good customer services. Yes 6. Senior Management Accountant Supporting the Business Finance Manager. Developing good relations with the people at all levels. Reviewing the performance and analysing the factors affecting it. Making financial objectives and policies. Capable of working to strict deadlines. Pursuing or completed CA or CPA. Advanced excel knowledge. Good at interacting with people. Have been used a large ERP system. Must take initiatives. Yes 7. Financial Analyst Have to be a member of budgets and forecasting. Must report to senior financial analyst. Responsible for the delivery of outputs for Defence Housing Australia (DHA) Providing corporate plans, budgets and forecasts Professional accounting knowledge. High level analytical and forecasting skills. Great communication skills. Maintain relations with stakeholders and top management. Meeting the required medical standards and all the security checks. Yes 8. Cost Accountant Analysis and accounting of inventory, balance sheet and profit loss. Budget analysis, product costing management, BOMs scorecard, KPI and reporting of cost. Cost reductions implementation and improving profits. Developing cost accounting models. Analysis and management of variances and projects proposal. CPA and having a degree of professional accounting. ERP knowledge such as JDE. Experience of accounting in manufacturing. Communicating with senior finance and stakeholders. Good interacting skills. Yes 9. Management Accountant: Budgeting and Course Costing. Supporting in decision making process. Budgeting, forecasting and assisting the manager. Doing course costing. Performing all the desired task by preparing a framework which ensures quality, and transparency. CA, CPA Planning experience. Strong analytical skills required. Information about using ERP system. Effective communication. Yes 10. Manufacturing Cost Accountant Accurate costing of manufactured and purchased items. Providing support to ARC head office. Properly maintained, prepared manufacturing cost elements. Reports on cost analysis and manufacturing. Support strategic improvement initiatives. Tertiary qualification such as CA, CPA, CIMA. Experience in manufacturing costing. Strong communication and organisational skills. Have experience in financial modelling. Have used Symix before. Yes Report Website search summary Job websites: The data is collected from different job websites named as seek, adzuna, carrerone.com, au.jora, apsjob.gov.au, careerjet.com and recruit.net. Seek is considered to be the Australias number one job website. Common sectors: All the positions mainly belong to the industry sector. Classification of jobs: The jobs are classified in two categories: Cost accountants: Cost/ Operations Accountant, Cost Controller, Project Accountant, Project Cost Controller, Cost Accountant and Manufacturing Cost Accountant. Management accountants: Management Accountant, Regional Management Accountant, Senior Management Accountant, Financial Analyst, Management Accountant: Budgeting and Course Costing. Common requirements and responsibilities of job positions Basic and common requirements for these two job profiles are that, either being a cost or management accountant, one should be familiar with the work of preparing reports, budgets and forecasts. The person should know how to analyse the various costs, to find the reasons for the inaccuracies and variances, to manage the financial accounts of a business, inventory, doing ad-hoc projects and to support the other managers of the cost centre and the directors in decision making process. Requirements related to cost and management accounting knowledge and skills To get selected for the profile of cost and management accountant, the person should have a solid accounting background and should have qualified CA, CPA, CIMA, CMA and ACA. Excellence in MS Excel, used to ERP system, strong analytical skills and a very good communication skills. Most common cost and management skills required CA, CPA, CIMA, ACA and CMA are considered as the most common and important cost and management accounting skills required for the job positions of the cost accountant and management accountant. These are the various professional courses conducted by the institutions such as ICAI, AICPA, and ICAEW. These courses are very beneficial as they help in getting high level education, aggregated information, specialisation and professional knowledge, helps in attaining good designation in an organisation. To get the job of an accountant, one need to excel in these courses as they are the basic requirements for these jobs. As per my opinion, CPA and CA are the most desirable, common and important accounting skills required to get the position of the accountants. Although there are many skills that are require to attain the job of accountant, but these two skills are most considerable among all of them. Every organisation seeks CA and CPA knowledge in every candidate who applies for the job of accountant. Less common cost and management skills required There are many diploma courses in accounts and undergraduate course which are not given much priority for the position of accountant. These courses have a short duration and does not attract a good job profile. They do not provide high level specialisation in the field and generally considered on a basic level. To be a management and cost accountant, one have to gain higher professional knowledge by pursuing course like CA, CPA and so on. As per my opinion, having degrees like bachelor in commerce and bachelor in commerce honours, will not help the candidate to meet the selection criteria of the accountant job. These bachelor courses and degrees are not considered to be specialised and professional courses. A candidate need to pursue some higher skill to get selected for the job. Challenges faced by cost and management accountants Other than accounting knowledge and skills, there are various challenges faced by management accountants. The factors which bring changes in the profession of management accounting are environmental and organisational factors. Environmental factors are termed as external factors such as market globalization, changes in business environment, up gradation in the production technologies, and so on which influence the role of a management accountant. Emergence of new regulations and new tools of manufacturing has also made it more challenging for the accountants. Organisational factors generally deal with relation between customer and supplier, team work, strategies, uncertainties and so on. They directly affect the day to day operations of a business Changes in the work pattern, quality of product, changes in attitude are turned out as the challenges which are being faced by accountants at organisational level. There is a need to react to these changes and making the role less challengi ng. Alignment of ACCT6004 to positions The topics covered in ACCT 6004 gives the concept of cost and management accounting, cost classification and allocation, cost- volume-profit analysis, job and process costing, variance and cost analysis for the purpose of decision making. All these topics give the thorough knowledge about accounting skill which is required to be gained for the position of an accountant. The learning outcomes of this subject explain the nature, importance, current roles and responsibilities of a management accountant and also analyse the organisational issues. These outcomes are aligned to the job positions to the great extent as they help in a better understanding of the responsibilities of an accountant. The person is capable of attaining such job positions only, when he has the basic knowledge about cost, management and accounting. The jobs clearly elaborate the role and duties of accountants which in turn explains the learning outcomes of this subject (Abdallah, 2017). Future study implications ACCT6004 Cash flow statement and fund flow statement are the topics, which are not covered in ACCT 6004. They are also a part of management accounting. Cash flow statement shows the inflow and outflow of cash in the different activities of an organisation whereas fund flow statement show the changes in the working capital of a company. It gives the information about the application and sources of the funds. I think these topics should be covered in this subject as they give a better view of circulation of money in a business and provide accountant, the information about the financial position of the company, change in asset level, uses of the fund and many more. On a whole, this information is very useful for the management accountant for preparing the accounts and reports. Conclusion From the above report, it can be concluded that cost and management accounting skills and knowledge are the basic requirements for the job position of cost accountant and management accountant. These job positions perfectly align with the learning outcomes to ACCT 6004 as they require the knowledge of what management accounting is. Its nature, importance and the positions also clearly states the roles and duties of a management accountant. Reference Abdallah, W. (2017). Management Accounting Practices in the Global Business Environment: the Case of the Middle East.