Management Accounting Issues Faced by Big W Stores

Running Head: MANAGEMENT ACCOUNTING
MANAGEMENT ACCOUNTING
Name of the Student
Name of the University
Author Note

1MANAGEMENT ACCOUNTING
Table of Contents
Memorandum.............................................................................................................................2
Reference....................................................................................................................................5

2MANAGEMENT ACCOUNTING
Memorandum
To- Board of Directors
From-
CC-
Date-
Subject- Management Issues regarding Big W stores losses
The aspects of issues of the management are analyzed to assists board of directors of Big W
stores in order to focus on operations of organization. The management accounting issues
assist company’s management to use the provisions of accounting infor6mation. This help in
providing better information to the management for deciding regarding matters as well as
concerns, which is within the firm for aiding towards the managerial functions as well as
performance of the organization. The article, which is published on April 1, 2019, has
highlighted certain serious concerns of managerial issues faced by the Big W stores.
Big W is the chain of the discounted departmental stores of Australia that was founded in the
year 1964 in the regional New South Wales. This company is the division of the Woolworths
Limited. It operates 182 stores with the number of employees around 22,000, which is across
Asia as well as Australia. The group of Woolworths Limited has developed the brand of Big
W for providing the Australia Shopper with the broader ranges of the products of general
merchandise in the dedicated one-stop shop. The name of Big W reflects complementary
relationships with the Woolworths Supermarkets. However, the letter W here does not
represents Woolworth rather it symbolizes warehouse that is adopted from the bargain
basement warehouse of Woolworths.