Strategic and Sustainable Accounting

Running head: STRATEGIC AND SUSTAINABLE ACCOUNTING
Strategic and Sustainable Accounting
Name of the Student:
Name of the University:
Author’s Note

STRATEGIC AND SUSTAINABLE ACCOUNTING
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Table of Contents
Introduction...............................................................................................................................2
Literature Review......................................................................................................................3
Regulatory Framework..........................................................................................................5
Costing Information of the business......................................................................................5
Chances of Reducing the Costs.............................................................................................7
Application of Balanced Scorecard...........................................................................................8
Conclusion.................................................................................................................................9
Reference.................................................................................................................................10

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Introduction
The main purpose of the assessment is to analyze the financial statements of Adelaide
Brighton ltd which is engaged in the business of manufacturing of materials which are used in
the construction projects in Australia. The assessment would be analyzing the financial
performance of the business and would also be assessing the cost structure of the business. The
assessment would further go into details regarding the strategic plans and objectives of the
business and how the management can achieve the same in the business. The analysis would be
including how a balanced scorecard can help the business in planning and effectively
implementing the strategic objectives of the business.
The business of Adelaide Brighton ltd is considered to be one of the leading businesses
which engages in production of construction materials. The company is located in Adelaide and
mainly operates in the region of South Australia (Adbri.com.au., 2019). The business operates in
industrial manufacture industry and the level of competition in the industry is high even though
the business of Adelaide Brighton ltd has made a niche in the market by offering good quality of
products and also a variety of products.
Literature Review
In every business, there are certain issues which the management of the company is
planning to achieve in the long term. In order to achieve such objective strategic policies are
formulated by the management of the company. The business which is considered for this
assessment is Adelaide Brighton ltd which is engaged in the business of providing different types
of construction materials. The analysis of the financial reports of the business effectively shows
that the business has formulated appropriate strategies for the purpose of improving the
efficiency of the business (Palepu, Healy & Peek, 2013). As per the annual reports of the

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business, the management of the company has set plans for the business on the basis of short
term, medium term and long-term objectives of the business. The company considers the NPAT
as the indicators of success of the business and on the basis of the same formulate strategies
which can help the management of the company to enhance the revenue which is generated by
the business.
Figure 1: Chart showing Shareholder’s Return of the Business
Source: (Adbri.com.au., 2019).
The above figure effectively shows the growth in the business of Adelaide Brighton ltd
which shows that the business has been appropriately performing over the last few years. The
performance of the business is appropriately demonstrated in the chart above. As per the policies
which is established by the management of the company, the performance of the business are
closely associated with the rewards system which is introduced by the management of the
company during the period (Xu et al., 2014).