Fulham Shore Plc: Management Accounting and Decision Making

Desklib provides past papers and solved assignments. This presentation analyzes Fulham Shore Plc's use of management accounting.

Task 2
Fulham shore Plc.

Fulham Shores Plc.
 Fulham Shore is the group of recognisable growth
business of the restaurants which are operated by the
skilled and the incentivise entrepreneurs.
 The main aim is to top grow the worth of the shareholders
by enhancing the value of each of the restaurants.

Introduction
 This presentation will help in developing the
understanding of the management accounting
information which also helps in taking the decision
in the business. In the presentation, different type of
management accounting information is been studied
with respect to the Fulham Shore.

Task 2.1

Management Accounting
 The management accounting means the application
of the skills and the professional knowledge which
are required for the preparing the information
related to the finances in a way that it helps the
management by assisting them in the making of the
policies and also in the control and planning of the
business operations of the Fulham Shores Plc.

Types Of The Management
Accounting Information
 There are three main financial statements that
helps in the decision making process
o profit and loss statement
o Cash flow statement
o Balance sheet

Income Statement Of The
Fulham Shore Plc.

Balance Sheet Of The Fulham
Shore Plc.

Cash flow statement Of The
Fulham Shore Plc.

Characteristics of
Management Accounting:
 Delivers information related to organisation (profit
and loss statements, net profit, etc.)
 Wholly logical and analytical
 Timely decision making

Contd.
 Use a selective technique to get the results
 Helps in taking the decisions regarding future
 Also delivers the information relating to the
present financial condition of the company