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Internal factors that can affect Human Resource Management:- culture and politics- organization size and structure- organization's strategy- type of organization
Managerial accounting places emphasis on how the numbers actually affect the organization. In managerial accounting, managers want to know what is important to decision making.
Managers are responsible for the daily operations of the organization. They are leaders of the organization who inspire and affect the behaviors of the workers.
The Nature of international organization is the overall pattern of structural configurations and components to manage the total organization. Some factors that affect structure are technology, environment, strategy, life cycle and size.
Earnings management occurs when those making decisions select among the allowable alternatives of a particular generally accepted accounting standard the one that will result in earnings that meet the predetermined number.
how does business and accounting affect in the society
Management accounting reports provide detailed, internal insights that help managers make informed business decisions, focusing on operational efficiency, budgeting, and forecasting. These reports can influence financial accounting by guiding strategic decisions that ultimately affect the financial statements. For instance, insights from management reports on cost control or revenue projections can lead to adjustments in financial reporting, such as asset valuations or expense recognition. While management accounting is more future-oriented, its findings can enhance the accuracy and relevance of financial accounting reports.
Businesses are structured differently across the board. Some businesses have a central authority, which will affect the structure of the entire organization.
Any omission, misstatement or non disclosure of information that can adversely affect users decision or discharge management from its accountability.
Time and energy management depends on different factors. These factors include the personality and discipline of the individual or organization, as the tasks at hand.
Describe how the legislation and accounting concepts affect an organisation's accounting policiesReporting methods, measurement systems, and disclosures used by a specific company. The accountant should evaluate the appropriateness of accounting policies employed by management. A description of the company's accounting policies should be presented in a separate section preceding the footnotes to the financial statements or as the first footnote. Disclosure of accounting policies should include Accounting Principles and methods of application that involve: (1) a selection from generally accepted alternatives; (2) those peculiar to the industry or field of endeavor; and (3) unusual or different applications of Generally Accepted Accounting Principles (GAAP). Examples of disclosures are basis of Consolidation, depreciation methods, and inventory pricing. Disclosure of accounting policies assists financial readers in better interpreting a company's financial statements. Thus it results in fair presentation of the financial statements.
1. Cultur 2.Training 3.Strategy .structur of organization