Management Accounting Information System of Fulham Shore Plc.

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TASK 2
Fulham shore Plc.

Fulham Shore Plc.
■ Group of specific growth restaurants businesses, each
operated by incentivised and skilled entrepreneurs.
■ Own and operate the Franco Manca and The Real
Geek.
■ The Fulham store is owned and operated by David
page, David Sykes, Nabil Mankarious and Giuseppe
Mascoli.

Introduction
■ The presentation is prepared considering the
various kinds of management accounting
information which can be used in the tourism
and travel business using the example of the
Fulham Shore Plc. also in the second part the
use of these MAI as a source of the making
the decisions is been used.

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.

Benefits Of The
Managerial
Accounting
■ Planning
■ Decision making
■ Identifying the problems before hand
■ Strategic management

Types Of The
Management
Accounting
Information■ Financial statements
o Balance Sheet
o Income Statement
o Cash Flow

Income Statement Of The
Fulham Shore Plc.

Balance Sheet Of The Fulham
Shore Plc.

Use Of The
Managerial
Accounting
■ Budgeting
■ Forecasting
■ Variance
■ Breakeven analysis

Contd.
■ Profitability
■ Stock evaluation
■ New product analysis

Management Accounting
Information As A Decision
Making Tool
■ Management accounting also take into
consideration the certainty of the affect of the
decisions of the behaviour of managers. Long
term decisions are taken by the managers that
are tend to have the lasting effect, therefore the
managerial accounting comes in the picture
which helps in the development of the plans and
as well as helps in conveying the information
which is conveyed with the goal of improving the
decisions taken by management.