Discussion Questions: Financial Analysis And Managerial Accounting Concepts
Ch. 14: Managerial Accounting
1. Tell me what you know about financial and managerial accounting. What are some of the main differences in the role of financial accounting and managerial accounting?
2. What are the main differences in the role of financial accounting and managerial accounting?
3. Identify the features of managerial accounting and the functions of management.
4. Describe the classes of manufacturing costs and the differences between product and period costs.
Ch. 13: Financial Analysis: The Big Picture
5. We learned more about the big picture of financial analysis. What are the main objectives of comparative analysis and why are they important to external users of the financial statements, such as investors?
6. Example- Apply the concepts of sustainable income and quality of earnings
7. Example- Apply horizontal analysis and vertical analysis.
8. Example- Analyze a company's performance using ratio analysis.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.