Category: Accounting

In response to two peers, address the following questions:

• Is the job your peer posted a job that you would be interested in? Why or why not?
• Are there additional topics or skills from this course that may be applicable to the job?
• Is there a certain assignment/artifact from this course that could be included in your e-Portfolio to highlight your related skills if you were to apply for the job?

Post 1: Austin

I researched the Managerial Cost Accountant position at Sazerac Company in Louisville, KY. The role focuses heavily on cost control, full product costing accuracy, forecasting, financial reporting, and maintaining the integrity of managerial cost systems. The position requires strong analytical skills, Excel proficiency, and a bachelors degree in accounting or finance.

Several topics from this course directly apply to the role, including job-order and process costing, overhead allocation, variance analysis, budgeting, and reconciliation between GAAP financial reporting and managerial costing systems. The position also emphasizes cost setting, bill of materials accuracy, and analysis of cost discrepanciesskills we developed through variance calculations and production budgeting assignments.

Overall, this position demonstrates how cost accounting concepts are applied in real-world manufacturing environments to support strategic decision-making and operational efficiency.

Post 2: Hillman

Job Posting and Relevant Topics from Cost Accounting Coursework

Job description summary: The Financial Analyst position at SeaWorld Parks & Entertainment in Orlando, FL wants a Bachelors degree in Finance, Accounting or related field with two years or more business experience in financial planning, accounting or business analysis. Responsibilities include analyzing park pricing/attendance trends and business performance, preparing annual operating budgets, expense variance reporting and analysis, supporting marketing analytics activities and special project assistance. Qualifications include analytical skills, communication skills, Microsoft Excel experience, and Microsoft PowerPoint experience.

Topics covered in your course that will relate to this job:

Variance analysis: Performs variance analysis when reviewing actual versus budgeted costs/revenues.

Budgeting and forecasting: Prepares annual operating budgets and financial plans.

Cost behavior and cost-volume-profit relationships: Understand how pricing and attendance impact profitability.

Spreadsheet use and data analysis: Uses advanced Microsoft Excel knowledge to prepare financial reports and do modeling.

Analytical thinking/problem solving: Applies analytical thinking skills developed from working on cost accounting problems to analyze financial results and recommend actions that reduce costs.

In your textbook, you learned about the triple-bottom-line (TBL) framework and its impact on people, planet, and profit. The TBL concept was initially developed by John Elkington in 1994. In 2018, Elkington wrote an article titled “25 Years Ago I Coined the Phrase ‘Triple Bottom Line’: Here’s Why It’s Time to Rethink It”. He used the article as a call to strengthen how the TBL is used and to put more even more focus on sustainability and less on profit. In the article, he states:

But success or failure on sustainability goals cannot be measured only in terms of profit and loss. It must also be measured in terms of the wellbeing of billions of people and the health of our planet, and the sustainability sector’s record in moving the needle on those goals has been decidedly mixed. While there have been successes, our climate, water resources, oceans, forests, soils and biodiversity are all increasingly threatened. It is time to either step upor to get out of the way.

Meanwhile, some believe that incorporating this framework into practice raises more questions than it resolves, especially around reporting, regulation, and a deviation from the financial bottom line of businesses.

In your initial post, introduce yourself and then address the following questions:

• Do you think that it is the responsibility of businesses to track and manage the social, economic, and environmental impacts of their actions? Why or why not?
• What value does using the TBL bring to a business, and is it worth the potential drawbacks of incorporating it?
• What value do businesses using the TBL bring to society, and how might society be impacted if TBL were not a common business practice?

• Using the company Monster Beverage Corporation
• enter the name of your company and click Search. Once your company has been found, refine your search results by clicking on Form and selecting 10-K.
• Open the most recently filed 10-K (Annual Report). You will use this annual report throughout the entire semester so you may want to save it to your computer or bookmark the link on your computer.

Create a Discussion Postmonster beverage corportation

In your post, answer the following:

• Provide a short summary of your company including the type of business, the companys objective or mission, and something interesting about the company that your classmates might not know. Usually, this information is located in Part I, Business.
• Review the Balance Sheet. Usually, this information is located in Part II, Financial Statement and Supplementary Data.
• Write the companys accounting equation as of the filing date, by filling in the dollar amounts: Assets = Liabilities + Equity
• How much in cash (including cash equivalents) did the company have as of the filing date?
• Review the Income Statement. Usually, this information is located in Part II, Financial Statement and Supplementary Data and is often titled Statement of Earnings.
• What was the companys net income (or loss) for the year of the filing?
• Compare the current year net income (or loss) to the previous year. Was it better or worse? Used 2025 and 2024
• no Al used or plagiarism
• only site you need is the one listed on the instruction no other site used
• this is short summary 3-5 sentences only keep it brief.
• reference APA 7th edition

• Download and complete the Excel file with this week’s assigned exercise related to Week 7 studies.
• You are required to use the Excel worksheet provided by your instructor. No other format will be accepted.