AiFAB Managerial Accounting Report: Performance, Budgeting & Analysis

This report provides a detailed analysis of AiFAB's managerial accounting practices, a brand under the Aluminium Industries. It begins with an overview of the competitive aluminum industry and then delves into AiFAB's business activities, competitive strategy, and target market. The report examines performance measurement using a modified balanced scorecard approach, focusing on financial, customer, internal business processes, and sustainability, learning, and growth perspectives. It also covers product and service costing, cost-volume-profit analysis, and budgeting processes. The report further discusses AiFAB's sustainability initiatives, addressing both social and environmental aspects. Finally, it offers recommendations for improvement, including implementing a balanced scorecard, adopting a monthly budgeting system, refining breakeven calculations, and enhancing sustainability efforts in materials and resources. The analysis concludes that AiFAB is performing well but can further improve its positioning by implementing the provided recommendations. Desklib provides access to similar reports and solved assignments for students.