Trident ACC310 module 1 case and SLP

| October 22, 2018

Module 1 – CaseCOST MANAGEMENT; ACCOUNTANT’S ROLE, TERMS, AND PURPOSECase AssignmentIn this initial case for ACC310, the objective is for the student to become familiar with the management accountant’s role, and the terms and purpose in cost accounting.The following items will be assessed in particular:1. The student will discuss the management accountant’s role, and the definition of key terms in cost accounting.2. Access the Institute of Certified Management Accountants website .imanet.org/ima_home.aspx”>http://www.imanet.org/ima_home.aspx and discuss the significance of the role of the Management Accountant in the organization. DO NOT simply repeat the description given in the website. Evaluate what is being said about the Management Accountant and then reflect on your own experience by identifying someone in an organization that fulfills the Management Accountant role, in title or practice, and discuss their function within the organization.3. Access the financial dictionary – Glossary of Accounting Terms, Retrieved from: .ventureline.com/accounting-glossary/”>http://www.ventureline.com/accounting-glossary/ other financial resources; define and discuss the following terms: ora. Cost objectb. Direct costsc. Indirect costsd. Variable costse. Fixed costsf. Cost driverg. Relevant rangeh. Direct materialsi. Raw materialsj. Work-in-processk. Finished goodsl. Inventoriable costsm. Period costsn. Manufacturing overheado. Prime costsp. Conversion costsq. Idle timer. Supply chains. Value chainAssignment ExpectationsThe submission should be 3 to 6 pages and need to include answers to all the questions listed above. Show computations, discuss the results and include references in APA format.When your paper is done, send it in.Module 1 – SLPCOST MANAGEMENT; ACCOUNTANT’S ROLE, TERMS, AND PURPOSEOne of the requirements of all Trident courses is the session long project where students have an opportunity to apply ideas and concepts for the current module to a real world situation.The goal of the SLP (Session Long Project) in this course is for students to gain a better understanding of the cost accounting tools used to analyze the financial information of organizations. In addition, ethical issues will be posed for the students’ consideration. The primary vehicles to gain that understanding will be articles, problems, and case examples. The preliminary phase of the project is to discuss ethical issues facing management accountants. The student should access the following link .articledashboard.com/Article/Accounting-Enron-Scandal/717741″>http://www.articledashboard.com/Article/Accounting-Enron-Scandal/717741 and read the article concerning Enron’s scandal. Using the current information from background readings or other sources.The following item will be assessed in particular:1. Review of the Institute of Management Accountants ethical principles and the relevance of the four standards to the Enron scandal. Discussion paper .articledashboard.com/Article/Accounting-Enron-Scandal/717741″>Enron Scandal.SLP Assignment ExpectationsThe submission should be 2 to 4 pages. Discuss the Enron case and include references in APA format.When your paper is done, send it in.

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