Managerial Accounting of B&C Australia : Report

9 Pages2641 Words65 Views

Added on 2020-07-22

Managerial Accounting of B&C Australia : Report

Added on 2020-07-22

BookmarkRelated Documents

MANAGERIAL ACCOUNTING

Table of ContentsINTRODUCTION...........................................................................................................................1A- Description of Bain and Company.............................................................................................1B- Description of the TDABC and its features................................................................................2C- TDABC is different from Activity based costing and Traditional costing system.....................3D- Discussion on whether the TDABC is suitable for the Bain and Company...............................5Conclusion.......................................................................................................................................6REFERENCES................................................................................................................................7

Managerial Accounting of B&C Australia : Report_2

INTRODUCTIONTDABC is useful and important for the management consultancy firm such as Bain andCompany. The introduction includes the description of Bain and Company in order to find out itswork and features effectively. The description of the TDABC and its features are also evaluatedefficiently. In some ways the TDABC is different from Activity based costing and Traditionalcosting system is also described. The description upon TDABC whether it is suitable for the firmor not is also included.A- Description of Bain and CompanyThe people of Bain and Company works collaboratively as a single team in threebranches of the firm located in Australia. Bain and Company Australia established its firstbranch in Sydney in 1989 to provide essential and pacific report for Bain's global customers.Since then, Bain and Company expanded its firm to Perth and Melbourne to help bothmultinational organisations and local businesses throughout New Zealand, Australia and on thefar side. The people and unique culture of B&C Australia differentiate it from any other businessconsulting firms. Bain services clients from 55 offices in 36 different countries but workstogether as a team. The firm is also awarded for 2018 Best place to work. People shares clients, aspirations and present true results: B&C was established onthe principles that advisorswill deliver measurable and sustainable outcomes instead ofjust making report for customers. Experts from Australia share the passionatenesstowards outcomes and bring a different set of business experience, skills, freshperspectives and businesspersonfeeling to each customer engagement effectively andefficiently (Aboody, Levi, and Weiss, 2017). The approach is to use data and analyses fordevelopment and execution of strategies to accomplish lasting results for the clients intheir businesses.People are most important asset for B&C: The people pride themselves on theirquality to attract and keep the bestability. Bain and Company Australia recruit peoplewith intelligence, ambition and integrity to make a deviation. The firm attractsengineering and law grads, liberal arts students, commerce and people who haveexperience of industry from all around the world-wide. Staffing, Mentoring, professionalimprovement and training programs are coordinated among offices at Australia.1

Managerial Accounting of B&C Australia : Report_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Importance of Time-Driven Activity-Based Costing in McPherson’sLtd

|13

|2654

|179

Time-Driven Activity-Based Costing

|16

|2871

|90

Managerial Accounting Assignment - Woolworths Limited

|13

|2938

|162

Managerial Accounting Assignment | Costing System

|10

|2491

|199

Assignment - Managerial Accounting

|11

|2806

|135

BHP Billiton TDABC Managerial Accounting

|12

|2861

|72

Managerial Accounting of B&C Australia : Report