Financial Management

Cost Accounting System Paper

Unit outcomes addressed in this Assignment:

• Differentiate among the general types of cost behavior.
• Propose a rationale for cost allocation in healthcare organizations.
• Apply break-even analysis.

Course outcome addressed in this Assignment:

HA520-5: Describe the overall planning process and the key components of the financial plan.

Instructions

Write a 700- to 1,000-word paper identifying the specific cost accounting system an organization utilizes and how it uses the accounting information for financial management. Your paper must include the following:

• Descriptions of the cost accounting system used in the organization
• Pros and cons of this cost accounting system
• Descriptions of how the organization uses the accounting information for financial management improvement recommendations for your organization’s accounting system
• Include at least five references
• At least two of the five references must be (peer-reviewed) references

A peer-reviewed reference is any source that has gone through some kind of peer-review, which means that it has been checked out by other professionals in the field to confirm its quality.

Peer -reviewed sources include:

* Articles in academic journals

* Textbooks from reputable publishers

* Some websites from reliable sources (e.g. government departments, universities, etc).

Examples of Peer-Reviewed References in APA format:

Baker, J. J., & Baker, R. W. (2009). Healthcare Finance. New York, NY: Jones & Bartlett Publishers.

Groppelli, A. A., & Nikbakht, E. (2006). Finance. New York, NY: Barron’s Educational ChowdSeries

Gul, S., Sajid, M., & Razzaq, N. (2012). The relationship between dividend policy and shareholder’s wealth. Economies and Finance Review,2(2), 55–59. Retrieved from http://www.businessjournalz.org/articlepdf/EFR_2202april22m29v1.pdf

Chowdhury, A., & Chowdhury, S. P. (2010). Impact of capital structure on firm’s value: Evidence from bangladesh. Business and Economic Horizons, 3(3) 111–112. Retrieved from

http://econpapers.repec.org/article/pdcjrnbeh/v_3a3_3ay_3a2010_3ai_3a3_3ap_3a111-122.htm

• Format your paper according to APA 6th standards