Management Accounting

  Scenario: You are working as a newly qualified Management Accountant for a medium-sized enterprise in the manufacturing sector (choose an organisation of your choice/or preferably your own place of work). You have been asked to produce a report on management accounting. Your report needs to be clear, concise and accurate based on the following broad areas of management accounting. ∑ Demonstrate an understanding of management accounting systems. ∑ Apply a range of management accounting techniques. ∑ Explain the use of planning tools used in management accounting. ∑ Compare ways in which organisations could use management accounting to respond to financial problems.