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How does the role of an accountant in ABM differ from that in other industries? 

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The role of an accountant in the ABM (Accountancy, Business, and Management) field differs from that in other industries in various ways. In the ABM field, accountants play a crucial role in guiding and supporting relations between entrepreneurs and tax authorities to prevent tax evasion practices . They are also involved in measuring managerial performance, focusing on quality, cost, added economical value measurements, and customer satisfaction . Additionally, accountants in the ABM field are integral in strategic management processes, actively participating in decision-making processes within companies . Furthermore, the ABM field emphasizes the importance of learning and knowledge as foundational principles, impacting students' decision-making processes and future career paths . Overall, accountants in the ABM field have a multifaceted role that combines traditional accounting practices with strategic decision-making and performance measurement aspects.

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In ABM, accountants play a more integral role in strategic management processes compared to other industries, where their participation levels vary significantly.
Open accessDissertation
01 Oct 1984
2 Citations
In ABM, accountants may focus more on specialist accounting skills compared to other industries where a general business involvement is common. The roles align closely with managers' orientations.
In ABM, accountants act as mediators between companies and tax authorities, providing guidance to prevent tax evasion. This differs from other industries due to the specific focus on tax compliance.
In Jordanian industrial companies, managerial accountants play a crucial role in measuring performance through quality, cost, added value, and customer satisfaction, distinct from other industries.

Related Questions

What are the most common challenges encountered by ABM students in solving accounting problems?5 answersABM students often face various challenges when solving accounting problems. These challenges include cultural differences, language barriers, and learning approaches, as highlighted in studies focusing on international students studying accounting in Australia. Additionally, deaf students encounter obstacles such as language barriers, lack of sensitivity towards deafness, and resistance to adapting teaching strategies for their needs in accounting education. Moreover, Indigenous Australian students face cultural issues impacting their study choices in accounting, with differences noted between urban and remote Indigenous students. These challenges emphasize the importance of addressing cultural diversity, language barriers, and individual learning needs to enhance the learning experience and success of ABM students in accounting problem-solving.
What are the relevance of accountancy, business, and management (ABM)strand to college business courses?5 answersThe Accountancy, Business, and Management (ABM) strand in senior high school plays a crucial role in shaping students' readiness for college business courses. ABM subjects like Fundamentals of Accounting and Business Management enhance students' capabilities and flexibility, particularly for future entrepreneurs. Despite challenges in instructional inputs, ABM students still achieve outstanding grades, showcasing the quality education they receive. Additionally, assessing the teaching standards competence of ABM teachers is essential to ensure effective delivery of knowledge and skills to students. Furthermore, ABM senior high school students acquire core competencies during their Work Immersion, preparing them with knowledge and skills relevant to workplace settings. Overall, ABM students exhibit strong entrepreneurial competencies like goal-setting and information-seeking, which are valuable traits for pursuing entrepreneurial ventures in college business courses.
How do accounting orientation affect ABM students?4 answersAccounting orientation has a significant impact on ABM (Accountancy, Business, and Management) students. The subject of accounting, along with principles of management and basic marketing, enhances the capabilities and flexibility of future entrepreneurs. Additionally, the level of accounting knowledge and ethical orientation influence the career orientation of accounting students. Ethical orientation also affects the perception of creative accounting practices among accounting students. Furthermore, ethical knowledge and ethical sensitivity positively influence accounting students' perceptions of creative accounting practices. These findings suggest that accounting orientation plays a crucial role in shaping the mindset and decision-making of ABM students, impacting their career choices and ethical perceptions in the field of accounting.
What are the challenges faced by ABM students in accounting?5 answersABM students in accounting face several challenges. These challenges include a shortage of accounting academics, pressure to balance teaching and research, financial pressure, pressure from society, and the complexity of accounting.Accounting academics also face challenges in teaching, research, workload, and curriculum design.Additionally, there are challenges in aligning curricula and assessment with the skills required by employers and government standards.In the context of Namibia, students perceive challenges in learning accounting due to inadequate resources, textbooks, and poor career guidance.Furthermore, high school students during the Covid-19 outbreak face challenges such as lack of confidence, lack of enthusiasm, and external factors like boring online explanations and unstable internet connections.
What are the possible literature or books that are related to Issues of abm students in accounting?4 answersIssues regarding academic failures among accounting students have been studied in the literature. One study found that the key reasons for failures include poor time management, overconfidence, lack of doing tutorial exercises or revisions, lecturer teaching too fast, not focusing in class, and personal deficiency. Another book discusses the ethical implications in accounting, including topics such as ethics and taxation, creative accounting, ethics in accounting regulation, ethical dilemmas in the public sector, whistleblowing, and social accounting. Additionally, there are literature reviews on accounting education that cover topics such as curriculum and instructional approaches, educational technology, assessment, faculty issues, and students. These sources provide insights into the issues faced by accounting students and offer suggestions for improvement.
What is the influence of accounting subjects on the practice of accounting skills of ABM students?5 answersAccounting subjects have a significant influence on the practice of accounting skills of ABM students. These subjects provide the foundation for developing and improving knowledge in accounting, management principles, and marketing. The response of ABM students to difficult tasks in accounting and business management is influenced by positive emotions, engagement, relationships, meaning, and accomplishment, which shape their overall well-being and thoughts. Early exposure to accounting at the secondary school level and students' interest in the subject also play a role in influencing their performance in accounting subjects. However, literature suggests that learners entering the workplace often lack the necessary skills required by the profession, indicating a gap between accounting teaching practices and industry needs. The effectiveness of the accounting profession depends on the alignment between accounting education, research, and labor market needs. Therefore, accounting education should focus on developing pervasive skills to meet the demands of the profession.

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