Role of Planning and Control

steering story Information Systems Report For Jupiter Ltd Dominique Dyer 20869355 17th April 2012 submission Management bill is found within the structure of more of todays successful businesses. Even non-profit organisations, such as the NHS, do counselling be systems to make decisions on pick allocation so as to be economic,efficient and stiff in its use of finance. (Weetman, 2011). In a trading business, like Jupiter Ltd, a commission write up system send fisticuffs increase profits by rescue the business money. BrightHouse is a similar business to Jupiter Ltd and its care accountants moldiness analyse solid and high profile business spends, signalise errors and eliminate tout to result in cost savings for the business (BrightHouse, 2012). A management news tell system can set aside the same service with additional benefits for Jupiter Ltd. The Role of Management Accounting In enjoin to beneficialy explain the benefits of management acc ount statement it is necessary to explain what management be is and the role of management accounting within a business. Accounting is the process of identifying, round and communicating fiscal information (Weetman, 2010). In management accounting this financial information is communicated directly and exclusively to the business managers. This financial information aids the managers in the day to day come apart of the business and in achieving the companies strategies. Management accounting is the most hard-hitting weapon in an managers arsenal. A management accounting advertise informs managers allowing them to make a plan. There are a mixed bag of plans managers can use depending on what they want to achieve. Every shimmer along has a mission, in the case of electrical gross revenue conjunction Comet its to focus on giving customers the topper price, best pick and the best service.(Comet, 2012). To bring the companys mission statement to fruition, managers entrust use strategic planning, which is...If you w! ant to get a full essay, order it on our website: OrderEssay.net

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