BTEC HND Diploma in Business: Unit 5 Management Accounting Report

This report, prepared for a BTEC HND in Business unit on Management Accounting, provides a comprehensive overview of the subject matter. It begins with an introduction to the Van Phu Investment Joint Stock Company, including its financial performance and achievements, presenting key financial statements like income statements, balance sheets, and cash flow statements. The main body of the report delves into the core objectives of internal accounting activities, differentiating between management and financial accounting, and outlining the functions and roles of management accounting. It explores the importance of responsible financial governance, including financial problems, scandals, and recommendations for improvement. Additionally, the report examines the required personal traits and skills for a management accountant. The report concludes with a summary of the key findings and recommendations, referencing various accounting principles and practices.