Role of Planning and Control

steering chronicle Information Systems Report For Jupiter Ltd Dominique Dyer 20869355 17th April 2012 creation Management bill is found within the structure of legion(predicate) of todays successful businesses. Even non-profit organisations, such as the NHS, do counselling be systems to make decisions on imaging 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 packing material increase profits by rescue the business money. BrightHouse is a similar business to Jupiter Ltd and its heed accountants moldiness analyse remarkable and high profile business spends, signalise errors and eliminate bolt to result in cost savings for the business (BrightHouse, 2012). A management news tell system can erect the same service with additional benefits for Jupiter Ltd. The Role of Management Accounting In enjoin to in fully explain the benef its of management business relationship it is necessary to explain what management history is and the role of management accounting within a business. Accounting is the process of identifying, measurement and communicating fiscal information (Weetman, 2010).

In management accounting this monetary information is communicated directly and exclusively to the business managers. This financial information aids the managers in the day to day split up of the business and in achieving the companies strategies. Management accounting is the most impelling weapon in an managers arsenal. A management accounting motif i nforms managers allowing them to make a plan! . There are a motley of plans managers can use depending on what they want to achieve. Every solve along has a mission, in the case of electrical sales conjunction Comet its to focus on giving customers the stovepipe price, best pick and the best service.(Comet, 2012). To bring the companys mission statement to fruition, managers leave behind use strategic planning, which is...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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