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Accounting

We acquire information in a variety of ways. Sometimes this takes the form of a

We acquire information in a variety of ways. Sometimes this takes the form of a formal educational program. Other times it might be in the form of a casual conversation or a professional conference. In this module, we will focus on the value of publications. The topic of interest is balanced scorecards and the publication is the Harvard Business Review.
A persistent problem with metrics is the tendency to reduce complex assessments to simple metrics. For example, your community hospital may post a digital sign by the roadside indicating the number of minutes new arrivals in the emergency department currently must wait to be seen; and perhaps this metric will suffice to assure you that this is a first-rate hospital. In financial reporting, something similar occurs when metrics related to net income and earnings per share are used to assess the overall performance of an entity. Many decry the dangers to society from an unbalanced overemphasis on reported income in the short term. However, efforts to discourage the practice of managing to achieve short-term profit performance appear to have done little to actually dampen this phenomenon. Recognizing the inevitability of “managing to the metrics,” some have proposed a different approach to the problem of an overemphasis on managing to achieve short-term profit performance. They have advocated creating several key metrics that are devised to assess different dimensions of performance where tension is present. In naming one such system the “balanced scorecard,” we detect from the name that scorekeeping and metrics play a central role in a system that seeks “balance.” This balance involves the tension between competing goals. While we all can create our own scorecards in whatever manner we like, the so-called balanced scorecard is a particular approach with its own vocabulary and literature.
To prepare for this discussion, make sure you have read the Harvard Business Review article assigned on the readings page. You may also want to read additional HBR articles on this topic. Many articles can be found and accessed through the McLeod Business Library.
For this forum, you should post a short write-up (350-550 words).
Your short write-up should focus on how a balanced scorecard could apply to your industry/company or a professional environment you aspire to understand better. What do you think of the balanced scorecard idea? Do you think it is just another initiative that will run its course and be forgotten or replaced by some new “flavor of the month?” What do you believe are the key issues to be addressed if the balanced scorecard is applied in the context you have selected? If there are problems, what solutions do you see? Have you worked in an organization that has adopted the balanced scorecard? Please do not include any information you consider to be proprietary, because others will see your post.

Categories
Accounting

Kanthal transitioned order processing and production set-up for non-stocked prod

Kanthal transitioned order processing and production set-up for non-stocked products to an activity based costing (ABC) approach. What additional company functions (does not have to be at Kanthal) would be good candidates also to transition to ABC. How would the company benefit from each function transitioned to activity based costing. 

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Accounting

Special Project Analysis Based upon your Special Project information documents,

Special Project Analysis
Based upon your Special Project information documents, findings of your company’s liquidity, opportunity for growth, current market share, diversification in the market, etc. please provide a thorough analysis on whether you would invest in your company or not. Include as much detail supporting your decision as possible. This analysis should be approximately 3 pages in length, double spaced.
Also, please include the trading price on the following dates:
October 1, October 15, November 1 and November 15.
Discuss any material changes that may occurred and identify any possible causes for the fluctuation in the market.
The linked may need
The UnitedHealth Group SEC 10-K
https://www.sec.gov/ix?doc=/Archives/edgar/data/0000731766/000073176622000008/unh-20211231.htm#i2ccd90ac94a94cd9ab3abb1e6abc40a5_106
The UnitedHealth Group 2022 Proxy Statement
https://www.unitedhealthgroup.com/content/dam/UHG/PDF/investors/2022/UNH-Proxy-Statement-2022.pdf
The UnitedHealth Group annual report
https://www.unitedhealthgroup.com/content/dam/UHG/PDF/investors/2021/UNH-Q4-2021-Form-10-K.pdf

Categories
Accounting

Kanthal transitioned order processing and production set-up for non-stocked prod

Kanthal transitioned order processing and production set-up for non-stocked products to an activity based costing (ABC) approach. What additional company functions (does not have to be at Kanthal) would be good candidates also to transition to ABC. How would the company benefit from each function transitioned to activity based costing. 

Categories
Accounting

1. Assume you work for an organization that intends to use process mining to exa

1. Assume you work for an organization that intends to use process mining to examine several of its
processes. The first process you are considering is hiring a new employee to work for your large
company. To get started, you must:
a. List the activities that are likely to be recorded in a database related to hiring an employee.
b. Brainstorm what types of analyses you could perform by looking at the activities and time stamps
for those activities. Suggest three analyses that you could perform if this data was collected and
put into a process mining dashboard. As you consider the analyses, think about analyses that
would be useful to internal and external auditors, the HR Department and other groups.
Innovation mindset case studies – Process mining – Introduction 10
© 2020 Ernst & Young Foundation (US). All Rights Reserved.
SCORE No. 10109-201US_11
2. For the scenario in the first question, consider what additional data could be added to the basic
process mining data set of transaction ID, activity descriiption and time stamp to enhance your
analyses. Identify three additional pieces of data that could be added to your process mining data set
and briefly explain what additional analyses or insights you would gain by adding them.
3. Use the internet to find, or brainstorm on your own, three accounting scenarios in which process
mining would be useful. Be specific in describing the data needed for creating the process mining
dashboards. Identify how process mining could improve the situation

Categories
Accounting

Special Project Analysis Based upon your Special Project information documents,

Special Project Analysis
Based upon your Special Project information documents, findings of your company’s liquidity, opportunity for growth, current market share, diversification in the market, etc. please provide a thorough analysis on whether you would invest in your company or not. Include as much detail supporting your decision as possible. This analysis should be approximately 3 pages in length, double spaced.
Also, please include the trading price on the following dates:
October 1, October 15, November 1 and November 15.
Discuss any material changes that may occurred and identify any possible causes for the fluctuation in the market.
The linked may need
The UnitedHealth Group SEC 10-K
https://www.sec.gov/ix?doc=/Archives/edgar/data/0000731766/000073176622000008/unh-20211231.htm#i2ccd90ac94a94cd9ab3abb1e6abc40a5_106
The UnitedHealth Group 2022 Proxy Statement
https://www.unitedhealthgroup.com/content/dam/UHG/PDF/investors/2022/UNH-Proxy-Statement-2022.pdf
The UnitedHealth Group annual report
https://www.unitedhealthgroup.com/content/dam/UHG/PDF/investors/2021/UNH-Q4-2021-Form-10-K.pdf

Categories
Accounting

Follow the instructions as per the budgeting assignment guidelines and complete

Follow the instructions as per the budgeting assignment guidelines and complete the excel template worksheet using the formulas to obtain the answers. Also create a memo in the end with the conclusion

Categories
Accounting

1. Assume you work for an organization that intends to use process mining to exa

1. Assume you work for an organization that intends to use process mining to examine several of its
processes. The first process you are considering is hiring a new employee to work for your large
company. To get started, you must:
a. List the activities that are likely to be recorded in a database related to hiring an employee.
b. Brainstorm what types of analyses you could perform by looking at the activities and time stamps
for those activities. Suggest three analyses that you could perform if this data was collected and
put into a process mining dashboard. As you consider the analyses, think about analyses that
would be useful to internal and external auditors, the HR Department and other groups.
Innovation mindset case studies – Process mining – Introduction 10
© 2020 Ernst & Young Foundation (US). All Rights Reserved.
SCORE No. 10109-201US_11
2. For the scenario in the first question, consider what additional data could be added to the basic
process mining data set of transaction ID, activity descriiption and time stamp to enhance your
analyses. Identify three additional pieces of data that could be added to your process mining data set
and briefly explain what additional analyses or insights you would gain by adding them.
3. Use the internet to find, or brainstorm on your own, three accounting scenarios in which process
mining would be useful. Be specific in describing the data needed for creating the process mining
dashboards. Identify how process mining could improve the situation

Categories
Accounting

Follow the instructions as per the budgeting assignment guidelines and complete

Follow the instructions as per the budgeting assignment guidelines and complete the excel template worksheet using the formulas to obtain the answers. Also create a memo in the end with the conclusion

Categories
Accounting

The requirement is for the entire group. My division of labor is to calculate th

The requirement is for the entire group. My division of labor is to calculate the efficiency ratio and financing ratio of McColl’s annual report for 3 years, and analyze them in comparision.
I put three years of the company’s annual reports in the appendix as a reference, also the example of calculation. Please keep the calculation process as appendix for me.
Please be analytical not descriiptive. Thank you.