Implementing managerial cost accounting: A labor case study

Article Abstract:

The US Department of Labor plans the future with a true shift, in 2006, beyond the traditional transaction-oriented activities that characterize institutional financial management. Managerial cost accounting (MCA) incorporates technology and smart business practices to emphasize on connecting resources with results, necessitating the availability of accurate information on the full and true cost of government services in the federal agencies.

Strategy & planning, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Capital funds & cash flow, Dept of Labor, Analysis, Planning, Accounting and auditing, Practice, Company business planning, Managerial accounting, United States. Department of Labor

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Back to the future of federal accounting standards-setting

Article Abstract:

David Musso, the outgoing chairman of the Federal Accounting Standards Advisory Board (FASAB), highlights some of the accomplishments of FASAB during his tenure and offers a few thoughts on the future of federal accounting standards setting. He advises that the FASAB of the future will just need to tighten its belt and head in a direction that will serve to accomplish improved accountability and decision making in federal financial reporting.

Executive changes & profiles, Accounting, auditing, & bookkeeping, Accounting & Auditing Services, Accounting, Tax Preparation, Bookkeeping, and Payroll Services, Evaluation, Officials and employees, Beliefs, opinions and attitudes, Accounting firms, Accounting services, Accounting, Administrative agencies, Government agencies, Accounting standards, Musso, David

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Leadership

Article Abstract:

Leadership is not a secret of government financial managers where road to leadership is like traveling through the desert. Perseverance, adaptability, good communication skills are some of the habits that will make a successful leader.

Behavior, Influence, Leadership, Financial managers

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