Management Accounting: Costing and Budgeting

Task 2

Preparation and analysis
of cost reports
 Gathering information
 Itemized tangible cost
 Categorizing intangible cost
 Presenting cost in systematic way
 Costing benefit analysis
 Calculating the payback time period

Performance indicators for identifying potential
improvement
 Profitability/sales
 Customer retention
 Cost reduction

Suggestions to reduce quality enhanced value and
quality
 Cost reduction
 Review of transportation route
 Establishing multiple counters

References
Zang, A.Y., 2011. Evidence on the trade-off between real activities
manipulation and accrual-based earnings management. The
Accounting Review. 87(2). pp.675-703.
Bebbington, J., Unerman, J. and O'Dwyer, B., 2014. Sustainability
accounting and accountability. Routledge.
Garrison, R.H. and et.al., 2010. Managerial accounting. Issues in
Accounting Education. 25(4). pp.792-793.
Ward, K., 2012. Strategic management accounting. Routledge.