offer
offer

Get Upto

55% OFF

-Coupon Code-

NEW25

offer
offer

Use Our Seasonal Offers!

Claim Now

4500+ Experts Writer

I take immense pride in sharing that I've been working in the online assignment writing industry for 5 years, and for the last 2 years I'm offering my services to the clients of Global Assignment Help Australia. The subject knowledge I've gained over these years has helped me write several assignments on the topics, namely The Eisenhower Method, time management systems, professional organizing, time perception, workforce management, Pomodoro, etc. I can proficiently work on any concept given with utmost precision and care. Hire me today to score top-notch grades in your academic papers. It will be my pleasure to assist you.

Brenden Cox

Brenden Cox

Orders in Progress - 41

Orders Finished - 967

Hire Now

After completing my engineering in Petroleum from the University of Newcastle, I started offering academic writing services to the college students and have successfully delivered more than 3500+ projects and documents in the last twelve years. I hold expertise in all the topics that come under the umbrella term of Petroleum Engineering, and some of them are Health Safety Environment Management, Enhanced Oil Recovery, Transportation and Marketing of Petroleum and Petroleum Products, Oil Field Asset management, Production Logging, Developing LNG Production & Handling, Petroleum Production System Design, Pipeline Transportation of Oil & Gas, Coal Bed Methane Technology, Computational Mathematics, Offshore Drilling & Production Operations, Reservoir Modelling & Simulation, etc. Hire me to score brilliant grades in any of your academic paper related to this field.

Malisha Ross

Malisha Ross

Orders in Progress - 33

Orders Finished - 3543

Hire Now

I am a full-time academic writer who is working with Global Assignment Help Australia, an online academic writing service provider. I have done Ph.D. in Physical science from the esteemed James Cook University. I am frequently asked to write on the variety of topics associated with this subject and some other related fields such as Physical Science, Earth Science, Ecology,Astronomy, Econophysics, Mathematical Physics, Nanotechnology, Theoretical evidence, Solar systems, Optics, Energy, Trigonometry, Geology and many others. I can proficiently write in almost every citation and referencing style. Hire me to get topmost grades in any of your academic document related to this subject.

Anna James

Anna James

Orders in Progress - 67

Orders Finished - 2235

Hire Now

Over my professional experience of ten years as an academic writer in the field of Calculus, I have helped the students to overcome the academic writing issues faced by them on a general basis. I have successfully covered topics such as Calculus, Differential Calculus, Chain rule, local linearization, Product rule, Quotient rule, Inverse functions and differentiation, Implicit differentiation, Stationary point and others to name a few. I am adept at helping out students with writing dissertations, theses, assignments, essays, coursework and case studies related to this topic. Students can consult me further if they have any problems regarding this subject.

Kelly Hassen

Kelly Hassen

Orders in Progress - 34

Orders Finished - 2314

Hire Now

Affordable Prices

Top Grades at Cheap Rates!

    Prices Starts From
    USD 7.19
    Offer Discount 25 % Off
    USD7.19

    Get upto 51% OFF on Your First Order !

    Prices Starts From

    USD 7.19

    Amazing Features We Offer

    24*7 Help Service

    100% Satisfaction

    No Privacy Infringement

    Super-fast Services

    Subject Experts

    Professional Documents

    Management Accounting 6HR503 University of Derby Level 6

    Introduction

    Management accounting is much beneficial to managers so that they are able to take better decisions. Present report deals with importance of management accounting information in Tech (UK) Limited which is engaged in production of special chargers for mobile, telephone and carry-on gadgets for retail outlets. Requirements of such accounting, various managerial reports are explained. Moreover, marginal and absorption costing methods are used to prepare income statements. Furthermore, kinds of planning tools are discussed along with advantages and disadvantages. Use of management accounting systems is explained for resolving financial problems. Thus, such information is helpful for management to take enhanced decisions.

    Task 1

    A) Management accounting and requirements of management accounting

    Managers are quite benefited by implementing this type of accounting as it helps them to take structured decisions in the best possible manner. Financial information is provided to the managerial personnel so that they may analyse financial performance and take better decision so that organisation may be strengthened internally and desired outcome can be generated in the market by garnering profits .(Ahadiat, 2013).

    Difference between financial accounting and management accounting

    Financial Accounting

    Management Accounting

    1. It is a branch of accounting which takes monetary transactions and final accounts are prepared.

    1. This accounting not only takes information of monetary transactions but non-monetary aspects are also taken into account and managerial reports are formulated.

    2. Financial statements are to be prepared in accordance to the format provided by Companies Act 2006

    2. No format is prescribed by professional body and a firm can prepare reports of any format as per their requirements.

    3. Financial accounting imparts detailed financials of company on various operational segments (Bennett, Schaltegger and Zvezdov, 2013).

    3. Managerial reports are summarised ones about financial health of firm.

    4. The financials are prepared usually at the end of accounting period.

    4. There is no specific period to prepare managerial reports. It is formulated as when need arises for the same by management.

    Importance of management accounting information to departmental managers for decision-making

    The management accounting information is quite significant of departmental managers so that they may be able to assess performance of units and take better decisions in order to improve upon the same if deviations exist. On the other hand, there are various departments in Tech (UK) Limited which are integrated with one another and required to perform well to inject overall efficiency (Chenhall and Smith, 2011). Finance, marketing, operations, production and HR are some departments of an organisation. A production unit provides reports in which amount of inventory needed is listed. This is then provided to finance department to evaluate whether resources are available to buy raw materials or not. Thus, all the units are interrelated with each other and performance is measured with much ease and as such, management accounting information assists departmental managers of Tech (UK) Limited to take enhanced

    Amazing Discount

    UPTO55% OFF

    Subscribe now for More Exciting Offers + Freebies

    Download Full Sample

    Cite This Work

    To export references to this Sample, select the desired referencing style below:

    Students sometimes cannot express their inability to work on assignments and wonder, "Who will do my assignment?" To help them understand the complexities of writing, we are providing "samples" on various subjects. Also, we have experienced assignment writers who can provide the best and affordable assignment writing services, essay writing services, dissertation writing services, and so on. Thus, don't wait any longer! Place your order now to take advantage of discounted deals and offers.

    Limited Time Offer

    Exclusive Library Membership + FREE Wallet Balance