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Pages:
2 pages/≈550 words
Sources:
Check Instructions
Style:
MLA
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
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Topic:

Instituting Responsibility Accounting in the Organization

Essay Instructions:

1. Describe the subject and context you plan to pursue in detail, including both a research question and a description of all research and writing tasks that you will complete.
2. Include a timeline for completing the formal report (Project 4), persuading me that you can complete the research and writing in the allotted time.
3. Include basic research to provide background, to show the need that you’re proposed project would meet, and to demonstrate that you have considered the complexities and challenges of your research problem.
4. Develop sustained, well-reasoned analyses and arguments, present clear and complete information, and use appropriate sources and documentation methods.
5. Persuade me to approve your research. (In the real world, companies need a good reason to spend company time and resources on the kind of extensive research you will be doing in Project 4.)
My major is finance, the company should from the finance industry.

Essay Sample Content Preview:
To: Dr. ABCD
From: Name of Student
Date: March 17, 2021
Subject: Proposal to Research Instituting Responsibility Accounting in The Organization
Summary
Responsibility accounting is a new system whereby responsibility is dispensed to control costs (Biswas 203). The individual responsible for incurring the expenses is personally held liable. There are various systems used in budgetary and cost control to ensure that costs are controlled. These individuals are provided with the necessary authority for them to be able to monitor their performance (Biswas 203). The emphasis of responsibility accounting is somewhat on the individual as opposed to itself. There are predetermined standards that are used as a performance tool. It is tailored to ensure the individuals are responsible and can be able to account for their actions.
Introduction
For a while, organizations such as ours have been hemorrhaging resources due to a lack of responsibility. There have been errors that have been attributed by personnel who are tasked with ensuring accounting standards have been upheld despite all the controls and systems that are put in place to ensure that there is no pilferage of funds. All the rules have been followed to the latter. Due to the recent increase in operational costs, we should research to implement responsibility accounting to run the organization better.
Research Question
The question that should be posed here is whether responsibility accounting should be instituted in our organization or not? This research should address the following question: How will the organization be able to institute responsibility accounting despite all the accounting controls it has created?
Making a Case for Research
Previous studies regar...
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