Understanding Management Accounting and Non Financial Reporting: A Case Study of Alimentation Couche Tard Inc.

Running head: MANAGERIAL ACCOUNTING
Managerial accounting
Name of the Student
Name of the University
Author Note

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MANAGERIAL ACCOUNTING
Table of Contents
Introduction:...............................................................................................................................2
Discussion:.................................................................................................................................2
Management accounting in non financial reporting:.................................................................2
Disclosure of non financial information:...................................................................................3
Conclusion:................................................................................................................................4
Reference list:.............................................................................................................................6

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MANAGERIAL ACCOUNTING
Introduction:
The report is prepared to demonstrate the concept of understanding of management
accounting and their implementation in the business reporting process. For the purpose of
evaluating the non financial reporting with the implication on the concept of management
accounting, the chosen company is Alimentation Couche Tard Inc. Couche Tard is
multinational convenience store that operates in Canada and has stores across many countries
such as Europe, Mexico, United States, China, Indonesia and Japan. It is one of the leading
convenience retailers that have been created as new convenience brand (couche-tard.com
2019). The logo of the company has been created for incorporating the gear assets of the
brand. The management accounting incorporates non financial reporting as a tool that is used
as a prudent and rational corporate strategy. Such reporting enables business to creative
effective relationship with stakeholders.
Discussion:
Management accounting in non financial reporting:
Management accounting deals with the presentation of the concept of business
activities and focus on how the organizational resources are effectively and efficiently used
for supporting the manger in enhancing the value of shareholder and customers. For this
purpose, organization discloses the non financial information which is equally important to
shareholders as the financial information. Over the years, Couche Tard has evolved its
business practices both internally and externally. The non financial reporting aims to reports
on the approach to the opportunities and business risk related to the social and environmental
issues associated with the operations (Maas et al. 2016). It cannot be denied that a better
understanding of the opportunities and risks to the stockholders and management,
improvement in reputation, increasing efficiency and cost reduction is provided by the non