Fulham Shore PLC: Management Accounting and Decision-Making Processes

Desklib provides past papers and solved assignments. This report analyzes management accounting at Fulham Shore PLC.

MANAGEMENT ACCOUNTING INFORMATION AS
A DECISION MAKING TOOL FOR MANAGEMENT
In FULHAM SHORE PLC

INTRODUCTION
 Management accounting
information depict the information
which is used by management of
FULHAM SHORE PLC to improve
the decision making process in the
enterprise which ultimately
improves the profitability and
financial condition of the
enterprise.

TABLE OF CONTENTS
 Introduction
 Types of management accounting
information
 Users of management accounting
information
 Uses of management accounting system
 Steps involved in management
accounting information
 Conclusion

TYPES OF MANAGEMENT ACCOUNTING
INFORMATION
 Information from cost accounting
system
 Information from inventory
management system
 Balance sheets and income
statements
 Cash reports
 Budget and variance analysis
reports

USERS OF MANAGEMENT ACCOUNTING
INFORMATION

USES OF MANAGEMENT ACCOUNTING
INFORMATION
 Resource allocation and
apportionment
 Budgeting
 Internal and external reporting
 Decision making
 Increased operating efficiency
 Preparation of financial accounts

STEPS INVOLVED IN MANAGEMENT ACCOUNTING
INFORMATION SYSTEMS

DECISION MAKING PROCESS BY MANAGEMENT
USING MANAGEMENT ACCOUNTING
INFORMATION

CONCLUSION
Above training package provides
details about the concepts of
management accounting
information , types of management
accounting information used in
FULHAM SHORE PLC used by the
enterprise for formulating
financing and investing decisions .