Managing Accounting Systems for Responding Financial Troubles

Management Accounting

Table of Contents
INTRODUCTION...........................................................................................................................2
TASK 1............................................................................................................................................2
P1 Management accounting systems......................................................................................2
P2 Methods of management accounting reporting.................................................................5
TASK 2............................................................................................................................................6
P3 Difference between income statement made through marginal and absorption costing...6
TASK 3............................................................................................................................................8
P4 Advantages and disadvantages of planning tools which are used for budgetary control..8
TASK 4..........................................................................................................................................11
P5 Adopting management accounting systems for responding financial troubles...............11
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................13

Report
From: Management Accounting Officer
To: General Manager
Subject: To write a report to GM covering management accounting and management accounting
system together with different costing techniques and reporting to enable the organization
implement them.
1