Course work: Finance

Cerrado Publicado Mar 28, 2016 Pagado a la entrega
Cerrado Pagado a la entrega

You are to write a 1500 word report as though you were a management consultant writing to the board of directors.

The main task is to explain how management accounting can supply information to assist the management of a General Retail company (for example Marks and Spencer, Next, John Lewis) of your choice. You are not required to investigate and report on the organisation’s actual management accounting system (even if you can find out).

You are to write a 1500 word report as though you were a management consultant writing to the board of directors.

1 Background to the company – its products, processes, competitors, policies, but most of all its information needs based on the above - showing good reading of appropriate sources (a needs analysis if you like). The reason for this is that the background will reveal that kind of problems that the organisation faces and must therefore make decisions about – a relevant background! We do not want the history of the organisation.

2 Review of management accounting – what is it, what needs does it fulfil, what are its key techniques. This is what you have been studying of course. We do not advise that you introduce advanced management accounting techniques that you do to understand – you only have 1500 words and cannot do justice to these.

3 The key techniques and methods that you would recommend to the company based on (1) and of course the justification for your choice(s). This should include some examples of decisions that could result from the new information.

4 The strengths and weaknesses of your analysis – for example the additional information you would have liked in order to improve your analysis. This is not a SWOT analysis of the company it is a self analysis of your work!

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