Different Types of Management Accounting System | Dell

Added on - 05 Feb 2020

  • 17

    pages

  • 4484

    words

  • 9

    views

  • 0

    downloads

Showing pages 1 to 4 of 17 pages
ManagementAccounting
Table of ContentINTRODUCTON...........................................................................................................................1TASK1............................................................................................................................................1(a)Management accounting..........................................................................................................1(b) Different types of management accounting............................................................................3M1 Benefits of management accounting system.........................................................................3D1 Integration of management accounting system and management reporting system inorganizational process..................................................................................................................4TASK 2...........................................................................................................................................5P3 Income statement under marginal costing and absorption costing.........................................5M2&D2 Produce financial reports and its interpretation.............................................................6TASK 3...........................................................................................................................................7P4 Advantages and disadvantages of budgetary control..............................................................7Process of preparing the budget...................................................................................................7A. Standard cost of PVC sheet.....................................................................................................9B. Calculation of material price and usage variance....................................................................9D3 Role of planning tools in solving financial problems..........................................................10TASK 4......................................................................................................................................11P5 & M4 Comparison of Dell with the competitors firm, HP and analyze techniques torespond financial problems........................................................................................................11CONCLUSION............................................................................................................................12REFERNCES...............................................................................................................................13
INTRODUCTONThis report contains all relevant information relating to the management accounting inDell Ltd. Present this report show all contain the management accounting based to relate how toimprove a management accounting into the organization the financial accounting and howmanagement accounting provides information to the taking a important part to the enterprise.What is the cost accounting system, inventory management system, job costing system andpricing optimizing system is the detailed study. A management accounting provides hoe tobudget get ready the types of budget to benefits by the marketing and organs ion and achievingsame objectives to regarding into the management accounting (Macintosh and Quattrone, 2010).how the budgets can help theDell Ltdin the archiving its objectives. The pricing strategiesshould use the firm fix the product and services is the described to the report how to useful theaccounting managements to analysis the concept of the operation management and pricingrelated issues are moving into the Dell ltd. Under this repot all concept and costing based studyto the how to help the management accounting.TASK1(a)Management accountingManagement accounting is the process use of the provisions of accounting informationin order to better inform themselves before they decided the matters to related the within theirorgans ion to managements and performances of the control functions. A managementsaccounting involves the preparations and providing the timely financials and statisticalinformation to business mangers so that can day to day short term decisions. managementaccountings information to collectives with the help of the financial accountings and cotaccountings. To creates a policy and day to day portion managements of anDell ltd. It is clearfrom the above the management accounting is based the financial accountings and costaccountings (Ward,2012).Difference between Management accounting and financial accountingA management accounting is a techniques to provides that information’s to the managingthe all activities and help to them taking useful decision for the useful of the organizations. The1
main objectives of the mangers is to the taking a decision in maximizing the profits of thebusiness.A financial accounting is the process ofa financial statements variables for publicsconstipations to ration a financial transaction of the business. A financial process is a specializedbranch of accountings that deals with the evaluating and preparationsDell ltdinformation’s andrecords. A financial process to dealing with the monetary term and mainly dealing with thefinancial statements of enterprises and evaluating them and in order to improve the performancesof the financial system of the enterprise.Importance of management accounting system as a decision making toolA management accounting is the business to important role plying into the organizationsto decision help to the them to taking the more effectives decision by the providers to theinformation to the financial based. The accounting managements is the takes buying decisions tohelp the enterprise and taking to the information’s for achieving objectives and goals. To taking adecision to buying a products and equipment or products. Provides a revaluates cost accountingssystem to help the taking a decision to regarding a organizations the method of the objectives toeffectives decision to achieving objectives and goals to maximum profits to minimum cost.The management accounting is the important of the subjective and objectives based, thevarious types to techniques to adopt same facts and evolving same carting idea and informationto taking a decision to regarding to the enterprises. Utilizing same resource the method toimportant of the provides a data to group the business. A budgeting and financial statementsproject and managements accounting information’s is jut few examples of the marginal costingand used to provides a information’s to help the guides and futures of the company. A focus onthe data manages can makes decisions at the aim for continues the improvements of the stablesand based on the intelligent analysis the company data to rated the company. A managementaccounting is important to taking decisions to regarding into achieving organizing objectives.(b) Different types of management accountingThere are different types of a management accountings are a following into theDell ltdCost accounting system: a cost accounting system to framework the enterprise and useof the estimates the product to deciding the cost of the product important roles to2
desklib-logo
You’re reading a preview
card-image

To View Complete Document

Become a Desklib Library Member.
Subscribe to our plans

Download This Document