Corporate Reporting and Global Accounting - Essay Example

Only on StudentShare

Extract of sample
Corporate Reporting and Global Accounting

The different managerial techniques used by management department are R & D management, Human Resource management, Total Quality management, Just in Time (JIT) concept and communication management among others. But intellectual capital management is little different from these managerial tools because it takes into account the intangible component of an organisation's wealth. Intellectual capital directly influences the customers, human and structural factors which are considered as the three major pillars of any organisation. Certain degrees of mismanagement in intellectual capital can lead to high risk to growth and sustainability of the organisation. It has been found that the organisations which had performed well in the past had managed to handle these pillars in best possible manner such as attaining shortest processing time, constant improvement in the quality standers within the whole organisation, reduction in waste and maintaining optimum number of employees (Source: Al-Ali, N. 2003, p. 8).
But the tricks of the trade are fast changing. ...Show more

Summary

In present world, every organisation should be a learning organisation and for that intellectual capital provides support. Intellectual capital is a combination of commitment and competency of workers like how they think and perform their duties along with how the organisation forms policies for getting the work done (Ulrich, D., "Intellectual Capital = Competence x Commitment").
Author : kaialeuschke
Corporate Reporting and Global Accounting essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Corporate Reporting and Global Accounting"
with a personal 20% discount.
Grab the best paper

Related Essays

International corporate reporting issues
have been significantly affected with the expansion of business activities. Primarily, these boards are responsible for articulating common languages or the standards for financial reporting across the world (Tran, 2012). In the recent times, companies that have been operating in different countries are troubled by several issues of financial reporting.
12 pages (3000 words) Essay
International corporate reporting issues
Starting in 1973 until the year 2000, the IASC introduced the International Accounting Standards. In the year 2001, the International Accounting Standard Board replaced IASC (Deloitte, 2010). Since that time, a number of International Accounting Standards have been amended.
9 pages (2250 words) Essay
Corporate reporting
Integrated reporting can be defined as the aspect of joining together certain pieces of information that involve an organization’s decisions that are currently affecting it together with its future and upcoming prospects. It is about connecting the information in Breakavia that focuses aspects of business like strategies of the trade, the threats involved, and the performance (Dipiazza & Eccles, 45, 2002).
8 pages (2000 words) Essay
Corporate Reporting
CORPORATE REPORTING ESSAY Name Module Instructor Date 1. Development of regulation for corporate reporting The idea of the existence of corporate reporting has been said not to be evidence proof or evidence that there will be an accumulation of the benefits that comes with corporate reporting.
7 pages (1750 words) Essay
Corporate social responsibility reporting
Accounting Theory Introduction Social and environmental reporting is also known as corporate social responsibility reporting (CSER) (Deegan, 2007). According to UNEP (2002) corporate social responsibility reporting can also be defined as an environmental management strategy applied by companies to communicate with their stakeholders about what the company is doing with regard to sustaining a good environment alongside its operations.
6 pages (1500 words) Essay
Corporate social reporting
It is known to everyone that organizations are responsible for creating various social problems such as, pollution or resource depletion, which has a negative impact on society and environment (Moir, 2001). The increasing attention or concern of public in this sphere has resulted in mandating the performance of corporate social responsibility activities of organizations.
10 pages (2500 words) Essay
Corporate Environmental Reporting
The lack of the set of standards/guidelines in this regard compounded the intensity of the issue much better than ever before. . Big corporations prepare environmental reports on their own way as a ritual rather than a necessity. There have been also differences in the usage of reports by various stakeholders.
18 pages (4500 words) Essay
International Corporate Reporting Issues
In the United States, the most significant source of influence on accounting standards is politics. The most substantial factor in the political arena is user groups. These groups include the parties most affected by accounting standards, rules, and regulations.
10 pages (2500 words) Essay
Current Issues in Corporate Reporting
espite the fact that most companies need to give proper detail of their business in audited financial reports and other separate reports on sustainability, such efforts had failed to provide a detailed account of the performance of the companies (Everingham & Kana, 2008). It is
8 pages (2000 words) Essay
Financial Accounting and reporting
It is the presentation of financial data relating to the performance, position as well as the flow of assets in a given accounting period which is then conveyed to different users of accounting information in order to facilitate their decision-making process. The sole objective
4 pages (1000 words) Essay
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT