Technological Innovation Impact on Accounting Field Essay Example for Free

Technological Innovation Impact on Accounting Field Essay Technology innovation is the process through which new (or improved) technologies are developed and brought into widespread use. Innovation can be composed of research, development, demonstration, and deployment. Although it is known clearly that innovation is not a linear process there are various interconnections and feedback loops between these stages, and often even the stages themselves cannot be significantly disaggregated. I don’t think if the phenomenon of technological innovation can become a stumbling block in prosperity of management accounting since through innovation management accounting discipline and career have been significantly improved. These areas are as follows The Information Revolution: in early years it was cost fully to collect, analyses and store accounting information. This was because of inadequacy of infrastructures which were importantly needed for this purpose. Today information technology makes possible sophisticated database accounting systems that are both powerful and flexible in terms of the accounting information that they can collect, organize and report. Even today, however, the cost of designing, implementing, and running cost accounting systems is a substantial obstacle in many organizations; a fact probably underrepresented in business schools. Proliferation of Product Lines: This is not much matters if a company makes only one product, since many cost accounting issues can be resolved. When companies significantly expanded their product lines to gain market share and increase profits, the difficulty and importance of obtaining accurate cost information on individual products increased. Back then companies were allocating costs among products in a manner that led to poor production and marketing decisions. A management accounting tool called activity-based costing was developed to help correct this problem, by improving the accuracy with which costs are allocated among products. Globalization of the Economy: Globalization has several implications for management accounting. First, globalization has resulted in a more competitive environment, which encourages the implementation of accounting systems that provide the most accurate, relevant, and timely information possible. Second, the growth of multinational corporations has increased the importance of transfer pricing. A transfer price is the amount one division of a company charges another division for an intermediate product. Transfer pricing plays a role in taxation, international trade negotiations, and production and marketing decisions within decentralized firms. Finally, globalization has increased the pace of change within the management accounting profession. Many recent innovations in management accounting, as well as in the fields of strategy and operations management, originated in Japan. Direct competition between Japanese and U. S. companies has led many U. S. companies to adopt these Japanese management practices. Innovative Management Practices: In addition to the four economic and technological trends described above, the following three innovations in the fields of strategy and operations management have influenced management accounting systems and practices over the past several decades. Total quality management (TQM): Quality programs go by several names, including TQM, zero defect programs, and six sigma programs. The focus on quality has had a significant impact on many organizations in all sectors of the economy, beginning with the automobile industry and some other industries in the manufacturing sector of the economy about forty years ago. Sophisticated quality programs are found today in many areas of government, education and other not-for-profit organizations as well as in for-profit businesses. The impetus for TQM programs is the assessment that the cost of defects is greater than the cost of implementing the TQM program. Advocates of TQM claim that some costs of defects have been underestimated historically, particularly the loss of customer goodwill and future sales when a defective unit is sold. Some advocates of quality programs believe that the most cost-effective approach to quality is to eliminate all defects at the point at which they occur. If successful, these â€Å"zero defect† programs would not only result in higher levels of customer satisfaction, but would also eliminate costs associated with more conventional quality control procedures, such as inspection costs that occur at the end of the production line, the cost of reworking units identified as defective, and costs associated with processing customer returns. The focus is on preventive controls to prevent the defect from occurring in the first place, as opposed to detective controls to identify and correct the defect after it has occurred. Just-in-time (JIT): During the last two decades of the 20th century, many companies implemented just-in-time programs designed to minimize the amount of inventory on hand. These companies identified significant benefits from reducing all types of inventories—raw materials, work-in-process, and finished goods—to the lowest possible levels. These benefits consist principally of reduced inventory holding costs (such as financing and warehousing costs), reduced losses due to inventory obsolescence, and more effective quality control The relationship between JIT and TQM is important. Many defects in raw materials or the production process can be ignored indefinitely if high-quality materials can be substituted for defective materials, and if additional first-quality units can be produced to replace defective units. In a non-JIT environment, defective materials and half-finished units might be set aside in a corner of the factory. However, under a JIT program, if raw materials received at the factory are defective, there might be no first-quality materials on hand to substitute for the defective materials. In extreme cases, the production line might be shut down until first-quality materials are received. Hence, a JIT program can focus attention on quality control in ways not generally possible in a non-JIT environment. The challenge in a JIT environment is to avoid stock-outs. To meet this challenge, some companies have found ways to decrease production lead times. Shorter production schedules result in less work-in-process inventory, and also allows companies to maintain lower levels of finished goods inventory while still maintaining high levels of customer satisfaction. Early in the 21st century, acts of terrorism (such as the destruction of the World Trade Center in New York City) and natural disasters (such as Hurricane Katrina) prompted some companies to rethink the practice of maintaining extremely low levels of inventories. These companies are concerned that future incidents could result in the disruption of inventory pipelines, particularly for imported materials. Consequently, the advantage of maintaining safety stocks of inventory is receiving renewed interest.

Exposing the Falseness of Truth in On the Nature of the Universe Essay

Exposing the Falseness of Truth in On the Nature of the Universe  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚      Truth is in the eye of the beholder. Or is it? Questions regarding the nature of truth have always been central to not only philosophers, but all men (and women, of course) who possess any desire for knowledge. For while truth itself is an elusive concept, it is also the underlying theme of all science -- which is the basis of knowledge -- and so the seeker of learning must first discover his own truth about the world; without a strong belief, the slippery nature of truth will only serve to confuse and mislead the student of life. A person who is lacking a basic understanding of truth can never fully grasp the fine distinction between appearance and reality, yet the ability to separate the two is essential to anyone interested in knowledge at a higher level, where appearances lead only to dead ends. Or do they? And who says appearance is not reality? At the heart of this matter is the conflict between truth as an absolute and the truth of the senses; while this may seem like a trivia l matter (truth is true, isn't it?), it is anything but. If there does indeed exist an absolute truth, as the Socratics claim, then all attempts to understand the universe are futile, since human senses can never adequately grasp a truth that is so far above everyday experience. On the other hand, the Epicurean view of truth is much more encouraging; after all, this explanation of truth as being of the senses offers the hope that individuals have the ability to create, and therefore understand, their own universe. The Epicureans, by advocating truth of the senses, basically claim that whatever appears to be something, really is, whereas followers of Socrates would disc... ...y that this debate over its relativity can ever be satisfactorily settled. Nevertheless, both philosophies have valid arguments, and each also has its merits from the common man's point of view; while Plato's truth appeals to the seekers of knowledge and idealists who dream of a perfect world, Lucretius' definition of truth brings comfort to those who need to believe that what they can see and feel is a reliable representation of reality. Both of these explanations could be valid, yet the question remains, and will continue to haunt philosophers as long as man continues to philosophize: what is truth, and if someone accidentally stumbles on its actual nature, how will he recognize it when all he has learned is the art of doubt? Bibliography   Lucretius. On the Nature of the Universe. Tr. R. E. Latham. Introduction by John Godwin. Penguin Books, London: 1994.

Organizational Structure Presentation Communication Methods Essay

As the manager of Lakeview Nursing and Rehabilitation Center, we are now going to propose a new addition to our facility, we would like to propose a new addition of long term care services as well as the short term care services that we are providing know on the inpatient and outpatient basis. The future of the growth of this company, deeply on this new addition to our facility. We will be in need of new experienced workers for areas like therapy, doctors, nurses and counselors that will work with the patients and their families. Communication, will have to be our number one factor to finding the right persons for the jobs, and the growth within the community as well. Our communication should be easy to understand and accurate. Effective communication is important and we should all be on the same page. Leadership should involve good communication, and they should be walking around talking to employees, this way you will see what their skills are in this field and will improve the gro wth internally and externally. Effective internal communication should start with having good listening skills, questioning skills as well as feedback. Sharing information with the staff is a good effective communication.   When it comes to internal relationship in the health care setting, the most important person is the patient the one who has the needs that we need to make sure they get. The main reason behind this is because acquisition integration has led to more rigorous examination of support services. There is also a higher expectation of customer service that we will experience as consumers. The external relationships that must be considered in the creation of this long term care are: state, local and the federal  government. Each of these have their own regulations that we need to know and follow. You should also be aware of the consumer advocacy program as well, to make sure that the consumer is getting the best care possible. We also need to make sure that the proper training and hiring is done as well, with all this being said this is my proposal of the new addition to the facility.

Acts of Betrayal in Hosseinis The Kite Runner Essay

The Kite Runner Nobody can believe that the innocent activity of kite flying could ever lead to betrayal and eventually redemption yet, in the novel The Kite Runner, Hosseini manages to mend one man’s path through betrayal and ultimately to his redemption. Throughout this novel you will see many acts of betrayal between enemies, loved ones and strangers. When you do something wrong and you know you shouldnt have done it you feel guilty, right ? Well so does Amir, at least his own kind of guilt. Amir watched Hassan get raped and did nothing to stop it. The summer following Hassans painful misfortune, Amir and Hassan spend less and less time together they don’t play outside as much they had before, so when Amir asked Hassan,†¦show more content†¦Baba inadequately proclaims himself a hypocrite when he speaks to Amir about his own morals. How everything is related to theft/stealing. he said when you cheat, you steal the right to fairness. (18) Yet, Baba committed adultery with Alis own wife! Baba had committed the very same action he had told Amir was a sin. However their relationship could never work for the social interactions between Hazaras and Pashtuns were seen as disgraceful and inappropriate. Imagine waking up one day to find your mom is nowhere to be found. Imagine how you would feel after so many years, so man y memories. well that is how Hassan felt but in his case he had no memories to fall back on, five short days after he was born she just packs her things and leaves, leaves a young child to wonder throughout his life why would a mother would want to leave her baby. Sanaubar refuses to even touch her baby and then one day she just walks up to Baba’s home and acts like nothing happened. Rahim Khan welcomes her along with Hassan and his wife Farzana. Sanaubar, who was once a great beauty was now a ghastly looking women. â€Å"Toothless with stringy grey hair and sores on her arm and cuts this way and that. one went from cheekbone to hairline and it had not spared her left eye on the way, it was grotesque.† (209) Sanaubar returns to take a last look at Hassan a chance she took to try to redeem her awful sin to have an affair and then justShow MoreRelatedThe Kite Runner: Forgiveness, Loyalty, and the Quest for Redemption2381 Words   |  10 PagesThe Kite Runner: Forgivenes s, Loyalty, and the Quest for Redemption Khaled Hosseini’s The Kite Runner is an award-winning novel and considered one of today’s most popular, contemporary classics. The story is one of familiar themes such as loyalty, forgiveness, betrayal, love, and redemption. It follows the tale of Amir and how he must atone for his sins and find a way to â€Å"be good again† (Hosseini 2). The quintessential message of this book relies on the idea of second chances. Themes of redemptionRead MoreThe Kite Runner By Khaled Hosseini1941 Words   |  8 PagesKhaled Hosseini’s novel The Kite Runner readers are interested to learn about the society in Afghanistan. The author wrote the book in a way that anyone of any age that reads it can relate to it. As an Afghan- American novelist, Hosseini’s language used in the book was understandable to both American and Afghan readers. The success of the book made it to the New York Times #1 top sellers best list in 2005 gaining more recognition for the book. The b ook has been making a tremendous amount of successRead MoreThe Meaning Of Betrays In The Kite Runner By Khaled Hosseini1417 Words   |  6 Pages In reading Khaled Hosseini’s novel â€Å"The Kite Runner†, we as the reader can assume the novels meaning is tied to regret. Our protagonist Amir, remains holding himself accountable for the rape of Hassan, due to his lack of courage to stop the incident. Nonetheless, after the horrific incident happens, it unties the novels secondary meaning, which is betrayal. Throughout the novel, we see Amir trying to rid of Hassan as a way of trying to forget what he has done, or better yet what he didn’t do. HoweverRead MoreMark Solis. Mrs. Ham . English 12. 02 March 2017. Kite1099 Words   |  5 PagesMark Solis Mrs. Ham English 12 02 March 2017 Kite Runner Essay Can one bury their past, if one acts as if something hasn t happened will it leviate some of the guilt, is it wrong to run away from one’s mistakes? The answer to that question depends entirely on one’s morality so responses vary depending on the individual although the novel’s underlying tone implies that one must atone for past mistakes in order to develop new relationships, one must have the courage to face their demons and makeRead MoreAnalysis Of The Book The Kite Runner 1685 Words   |  7 Pagesredemption seems to be one of the most common. Redemption is when one commits a wrongdoing and in order to erase the constant feeling of guilt, one will atone, or make up, for their sins. Khaled Hosseini uses the theme redemption in the novel, The Kite Runner, as he portrays the main character struggling to find himself and make right his childhood wrongs. To write a story with the theme of redemption helps to give the readers hope for a happy ending. It is a well known fact that most people enjoy storiesRead MoreThe Kite Runner by by Khaled Hosseini: Blinded by Guilt795 Words   |  4 PagesThe Kite Runner: Blinded by Guilt A person’s childhood is the foundation that paves the way for the rest of one’s life. Memorable events can trigger certain emotions in a child and, as a result, change the nature of that person as an adult. Set in the 1970s in California, the novel The Kite Runner by Khaled Hosseini is told in flashbacks as the reader follows the main character through his resolutions to lifelong conflicts. The novel traces Amir’s mixed feelings of love and jealousy towardsRead MoreAnalysis Of Khaled Hosseini s The Kite Runner 1076 Words   |  5 Pagesdiffer from other species in that they are constantly asking questions; in particular, Shakespeare’s famous â€Å"to be or not to be?† enters the mind. In the case of The Kite Runner, readers examine a similar question: to betray or not to betray? In Khaled Hosseini’s The Kite Runner, different characters choose to either engage in or avoid betrayal due to personal motives, subsequently influencing their future. Sanaubar, Hassan’s mother, holds intense motivations to betray those closest to her. HosseiniRead MoreThe Kite Runner - Literary Criticism Essay1444 Words   |  6 PagesDanil Kukovitskiy The Kite Runner written by Khaled Hosseini can be seen as a great book but at the same time one that is too simple and easy. In discussions of The Kite Runner, one controversial issue has been the inner levels of the novel. On one hand, many people believe that the novel is filled with numerous themes that are deep and make one think about the human experience and will leave you thinking long after you finish reading it. On the other hand, there are also many literary criticsRead MoreEssay On Loyalty In The Kite Runner790 Words   |  4 PagesHonesty and respect are among the many qualities that deep relationships carry, especially loyalty. In Khaled Hosseini’s novel, The Kite Runner, he uses examples of devotion from his character, Hassan, to teach Amir what defines loyalty to convey his theme, â€Å"one is not born with loyalty, it is learned.† Growing up together, Hassan and Amir carry different views of the relationship they hold between them. As Amir puts fear in front of the relationships he has, Hassan always stands up for Amir, creatingRead MoreThe, As You Like It, And Khaled Hosseini s The Kite Runner1486 Words   |  6 Pagescommunities, and the larger world. These connections help to develop a sense of affinity to a person’s surroundings, thus strengthening both one’s sense of belonging, and sense of self. Both William Shakespeare’s comedy, As You Like It, and Khaled Hosseini’s The Kite Runner, explore the concept of belonging and it’s varying aspects based on different social contexts, the perspectives of belonging being shaped by personal context, and the importance of family orientated relationships in developing one’s sense