Managerial accounting Essay Example | Topics and Well Written Essays - 2250 words

Managerial accounting - Essay Example The essay will also look at the role played by management accountants today and assess whether this is relevant to modern day business requirements. Management accounting is concerned with identification, measurement, analysis and communication of information necessary to help an organization achieve its objectives. Management accountants are usually senior managers in a company and have the responsibility of supervising junior accounting staff who deal with basic accounting for the firm. Unlike financial accountants, managerial accountants prepare and analyze data for purposes of deacon making within the organization (De Loo, Verstegen, and Swagerman, 2011). Financial accountants on the other hand prepare data and financial statement for third parties such as shareholders. Changes in the traditional role of management accountants has been necessitated by developments within the business environment such as changes in consumer preferences, technological changes, socio-economic changes and volatile political environment. In this scenario, businesses and organizations have had to reorganize themselves in order to responds to changes in the external environment (Scapens and Jazayeri, 2003). This reorganization involves examining the significance of various departments and employees in relation to modern day business requirements. Management accounts have faced strong challenges over the years over whether they deserve to be part of contemporary business structures. Such pressures were significant in driving changes within the managerial accountants’ role that have made the position relevant today. This paper will start by examining the traditional roles that management accountants play in organizations. The essay will further look at the changes that have taken place in modern day organization and the difficulties that traditional accountants encounter in executing their traditional roles. The

Qatars sporting legacy Research Proposal Example | Topics and Well Written Essays - 5250 words

Qatars sporting legacy - Research Proposal Example The awarding of 2022 FIFA World Cup to Qatar came as a surprise to most of the Asians, Americans and Europeans. However, the fact is that this Gulf state bagged this honor and privilege after years of painstaking commitment to and investment in sports. That is why Qatar was given a preference over some of the most celebrated sports hubs like the USA, Australia, South Korea and Japan. This very fact speaks a lot about the sports legacy of Qatar. This privilege was ample testament to the fact that though being a small nation of 1.7 million people, Qatar is capable of great achievements. FIFA World Cup and other such events will certainly give a flip to Qatar’s standing on the international stage. The modern Qatar is now being associated with high profile sporting events and is considered to be a champion, as far as the task of committing to and supporting sports is concerned. Qatar took a big step towards expanding its sports infrastructure and developing its organizational abil ities way back in 2006, when it hosted the Asian Games. Qatar also hosts a range of international events pertaining to varied sports like golf, soccer, tennis and cricket every year. Actually, this potential of Qatar has attracted the attention and appreciation of the world community and the international sports bodies and institutions. The years following the hosting of 2006 Asian Games have witnessed Qatar’s metamorphosis from being a tiny Arab emirate to a world class sports venue and sporting destination.... The modern Qatar is now being associated with high profile sporting events and is considered to be a champion, as far as the task of committing to and supporting sports is concerned. Qatar took a big step towards expanding its sports infrastructure and developing its organizational abilities way back in 2006, when it hosted the Asian Games. Qatar also hosts a range of international events pertaining to varied sports like golf, soccer, tennis and cricket every year. Actually, this potential of Qatar has attracted the attention and appreciation of the world community and the international sports bodies and institutions. The years following the hosting of 2006 Asian Games have witnessed Qatar’s metamorphosis from being a tiny Arab emirate to a world class sports venue and sporting destination. In the last decade, sports have assumed a central place in the nation’s cultural and economic life. Qatar’s sporting prestige has been successful in attracting some of the top notch sport stars like Sergio Garcia, Roger Federer, Justine Henin and Ernie Els to its shores. Hence any attempt to understand Qatar’s sports legacy ought to take a broad based and holistic perspective, taking into consideration the sanguine political and economic landscape of Qatar that has turned out to be so conducive for sports. The Nation Since the second half of the 19th century, Qatar has been ruled by the Al Thani family. During the British reign, Qatar was primarily known to be a small and poor protectorate (The World FactBook 2011: Online). However, post independence, Qatar has evolved into a sovereign state, accruing billions of dollars annually from its oil and natural gas reserves. In the period 1980-1990, the economy of Qatar was severely jeopardized