Immigrant assimilation has been a big topic since the early twentieth century. In the United States, immigration of an unprecedented magnitude has triggered a debate about the new immigrant issues. Immigrant assimilation is typically understood in cultural terms, focusing on how the newcomers immerse themselves in the majority culture. Although there is lingering prejudice and popular fears of immigrants, most of times immigrants make a positive contribution to the American economy and society. Assimilation process was painful and struggling for the first generation of immigrants who arrived as adults, the processes of linguistic, cultural, and social change were incomplete. In the early decades of the 20th century, most ?new? immigrants assimilation process is slow and incomplete. Also, social "costs" of assimilation exist. Before immigrants? initial period of arrival, they produce net benefits to the new society. However, the costs decrease, and the benefits increase while duration of residence increases.

Analyze immigrant assimilation from cost accounting, performance evaluation& analysis, and planning&decision support perspective?

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Figure 1 Tax Accounting Lower Cost Accounting External Financial Reporting. e.g... GAAP, IFRS Cost of goods sold Inventory valuation Enterprise Financial Management IFAC PAIB COMMITTEE INTERNATIONAL GOOD PRACTICE GUIDANCE The Domain of Costing Financial Accounting Source data capture (transactions) Cost Measurement Performance Evaluation & Analysis For example: • Assessment of current strategy & plans • Integrated cost/operational performance measures (e.g.. cost variance, capacity measurement, process efficiency etc.) • Profitability reporting Process analysis • Historical Learning & corrective actions Value-added to managerial decisions Managerial Accounting For example: • Fully absorbed and incremental costing . Planning & Decision Support . Non-financial data capture Adaptive operation and cost- based planning, budgeting and forecasting Product process, channel, and customer strategic adaptations • Enterprise optimization (e.g.. make vs. buy, outsource, etc.) Predictive Higher Figure 1 Tax Accounting Lower Cost Accounting External Financial Reporting. e.g... GAAP, IFRS Cost of goods sold Inventory valuation Enterprise Financial Management IFAC PAIB COMMITTEE INTERNATIONAL GOOD PRACTICE GUIDANCE The Domain of Costing Financial Accounting Source data capture (transactions) Cost Measurement Performance Evaluation & Analysis For example: • Assessment of current strategy & plans • Integrated cost/operational performance measures (e.g.. cost variance, capacity measurement, process efficiency etc.) • Profitability reporting Process analysis • Historical Learning & corrective actions Value-added to managerial decisions Managerial Accounting For example: • Fully absorbed and incremental costing . Planning & Decision Support . Non-financial data capture Adaptive operation and cost- based planning, budgeting and forecasting Product process, channel, and customer strategic adaptations • Enterprise optimization (e.g.. make vs. buy, outsource, etc.) Predictive Higher

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Analysis of immigrant assimilation from Cost Accounting Cost accounting has some domains like cost of goods sold and inventory valuation so this concern should be emphasized with such value in cost ac... View the full answer