Sample article review on financial management

Sample article review on financial management

 · Sample article review on financial management. article review of "financial management and accounting in state islamic religious councils in malaysia: a grounded theory" by abdul rahim Article Review for Managerial Accounting Economic Value Added (EVA) is a financial concept used to measure the actual profitability of a business operation (Tully and Hadjian 38) Articles on Financial Management. Financial Management means planning, organizing, directing and controlling the financial activities of the enterprise. It means applying general management principles to financial resources of the enterprise. Financial Planning is the process of estimating the capital required and determining its competition  · Get homework help with Sample Finance Article Review Paper on Financial Management. Click on the order now button to place an order with us

School Essay: Sample article review on financial management

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Log In with Facebook Log In with Google Sign Up with Apple. Remember me on this computer. Enter the email address you signed up with and we'll email you a reset link. Need an account? Click here to sign up. Download Free PDF. Wan Jusoh. Download PDF Download Full PDF Package This paper. A short summary of this paper. my Keywords: financial management, accounting, state Islamic religious councils, verstehen, grounded theory 1.

Introduction Financial management and accounting are pivotal in any organization since the success or failure of the organization depends on how the assets are managed within the organization Accounting Schools Online, regardless of its nature whether it is a business or religious entity. This is in line with what has been found by Hofstede that organizations have cultures, even parts of organizations may possibly have different subcultures. Research Objectives Since there has been no far-reaching and organized study of these two managerial elements in Islamic religious settings during that time and due to the lack of research in accounting adopting grounded theory, the researchers conducted this study with two main objectives.

The first is to give a valuable insight pertaining financial management and accounting in religious organizations generally and in Islamic organizations particularly. The second is to present a model of how a grounded theory approach is undertaken in practice and subsequently promoting its use in similar and different studies. Looking at the objectives of the study, the researchers have lucidly explained the research gaps and supported them with extensive and updated literature.

Research Design As researchers want to study the management processes that are embedded in two Islamic organizations in Malaysia, sample article review on financial management, qualitative research method is chosen to develop the study. This suits the nature of the study since qualitative research does properly seek answers to questions by examining various social settings and individuals who inhabit these settings Berg, This research is a combination of two qualitative research designs i.

case study and grounded theory. Grounded theory as defined by Glasser and Strauss as the discovery of theory from data is used to study the accounting verstehen2 of the two State Islamic Religious Council SRC in Malaysia.

The researchers have systematically undertaken three interrelated phase of procedures in the analysis namely, theoretical 1 Abdul Rahim, A. Financial Management and Accounting in State Islamic Religious Councils in Malaysia: A Grounded Theory, sample article review on financial management. Wilson Eds. Edinburgh: Edinburgh Sample article review on financial management Press, pp, sample article review on financial management.

com, Each of the stage has been clearly explained in the methodology part. In the coding phase itself there are three stages undertaken using the grounded theory methodology, starting with sample article review on financial management open coding, followed by axial coding and ended with selective coding. The coding process is vividly summarized in Table 1 where the 32 provisional categories open coding later were grouped into 11 substantive and theoretical categories axial coding.

The final procedure in selective coding process is illustrated in Figure 1 finally develops a theoretical framework of interrelated concepts.

This proves that both authors have successfully shows the whole social process discovered in the research. The authors undertake interview, sample article review on financial management, document exploration or documentary research, participant observation and literature reviews as data collection methods in order to ensure and further enhance the validity of the research. Face-to-face interview gives advantages to the researchers in getting higher response rate and more accurate data Zainuddin, In terms of document exploration, annual reports, proposal papers, newspaper cuttings, minutes of meetings were collected and compiled to be analyzed.

On the other hand, observation as defined by Sarantakos as a data collection method that employs the sense of vision as its main source, was adopted to strengthen the reliability and validity of the data obtained from the earlier tools. Finally, sample article review on financial management, literature reviews of more than 60 sources comprising of journal articles and books were referred in order to develop a robust theoretical framework. Undeniably, the authors have excellently chosen the right methods to be adopted in this qualitative type of research which is in parallel with the objectives aimed.

The study also showed that important differences in accounting practices occur between organizations even within the same religious denomination. These differences are owing to the different accounting verstehen in each organization which surface from the differences in the complicated contexts of power and other cultural influences within which the organizations located. In the conclusion part, the researchers have suggested a few research areas to be explored using the developed theoretical framework which is beneficial for future studies.

Conclusion In a nutshell, this study effectively contributes to the construction of a deep theoretical understanding, or grounded theory of the financial management and accounting practices in Islamic organizations. Simultaneously, the researchers successfully provide a model of how a grounded theory is undertaken in practice. The study also fruitfully gives the understanding of Asian management, in the context of religious organizations in Malaysia, in particular financial management and accounting.

References Accounting Schools Online. Importance of Accounting and Financial Management. html Berg, B. Qualitative Research Methods for the Social Sciences 6th ed. Boston: Pearson International Edition. Glaser, B. The Discovery of Grounded Theory: Strategies for Qualitative Research: Aldine Publ.

Identifying organizational subcultures: An empirical approach. Journal of Management Studies, 35 1 Social Research. South Melbourne: Macmillan Education Australia Pty.

Zainuddin, A. Shah Alam: UPENA Universiti Teknologi MARA. The existence of power elite groups structures on organizational 2. Power and decision-making process decision-making process 3. Authority in decision-making process 4. Organizational control by coercion or consent 2 Managerialist culture and 5. Level of involvement of accounting staff in values organizational management 6. Staffing levels 7. Professional training and exposure to contemporary accounting techniques 8.

Interdepartmental conflicts and tensions 9. Professionalism and authoritative leadership 3 Islamic culture and values Centrality of religious sample article review on financial management religious vs commercial activities.

Organization change and increase in power of and values Sultan in ASRC 5 Accounting values Ex-posting reporting Accounting information and probity of expenditure 6 Centrality of accountability Coercive and consensual use of authority in decision-making process.

Formality of accountability relationships Power elite and accountability Personal vs. managerial accountability Accountability and fraud 7 Financial control practices Financial regulation procedures and proceses Budgetary processes and the usage of budgetary data for control purposes Emergence of use of performance measures and Zakat collection in BSRC 8 Financial decision-making Financial decision-making processes processes 9 Financial reporting process Accounting and the external auditing requirement The role of accounting practices authority of the accountant Adequacy of financial information Accounting perceived sample article review on financial management a routine process The authority of the accountant 11 Relationship between Existence of distinct religious and non- accounting practices and religious occupational groupings with different mainstream religious attitudes activities Centrality of religious activities: religious vs.

commercial activities Related Papers Accountability verstehen: A study of accounting in state religious councils in Malaysia By Abdul Rahim Abdul Rahman. Financial Management and Accounting in State Islamic Religious Councils in Malaysia By Siti Balqis Mohd Noor. An Interpretive Inquiry of Accounting Practices in Religious Organisations By Abdul Rahim Abdul Rahman. JUCPA Volume 11 Number 10 October By Sherry WooCristina Navarroand Ivan Hilliard.

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Financial Management Articles

Articles on Financial Management. Financial Management means planning, organizing, directing and controlling the financial activities of the enterprise. It means applying general management principles to financial resources of the enterprise. Financial Planning is the process of estimating the capital required and determining its competition ARTICLE REVIEW OF “FINANCIAL MANAGEMENT AND ACCOUNTING IN STATE ISLAMIC RELIGIOUS COUNCILS IN MALAYSIA: A GROUNDED THEORY” BY ABDUL RAHIM ABDUL RAHMAN AND ANDREW GODDARD1 Wan Noor Hazlina Wan Jusoh Academy of Contemporary Islamic Studies Universiti Teknologi MARA (UiTM) Terengganu Dungun, Terengganu, Malaysia Tel: E-mail: wanno@blogger.com Keywords: financial Estimated Reading Time: 10 mins  · Get homework help with Sample Finance Article Review Paper on Financial Management. Click on the order now button to place an order with us