Role of Planning and Control

steering Accounting Information Systems Report

For Jupiter Ltd

Dominique Dyer
20869355

17th April 2012

Introduction
Management bill is found within the structure of many of todays successful businesses. Even non-profit organisations, such as the NHS, do counselling be systems to make decisions on resource 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 increase profits by rescue the business money. BrightHouse is a similar business to Jupiter Ltd and its management accountants moldiness analyse significant and high profile business spends, signalise errors and eliminate waste to result in cost savings for the business (BrightHouse, 2012). A management news tell system can provide the same service with additional benefits for Jupiter Ltd.

The Role of Management Accounting
In enjoin to fully explain the benefits of management accounting it is necessary to explain what management accounting is and the role of management accounting within a business. Accounting is the process of identifying, cadence 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 ladder of the business and in achieving the companies strategies.
Management accounting is the most effective weapon in an managers arsenal. A management accounting report informs managers allowing them to make a plan. There are a categorisation of plans managers can use depending on what they want to achieve. Every play along has a mission, in the case of electrical sales conjunction Comet its to focus on giving customers the best price, best pick and the best service.(Comet, 2012). To bring the companys mission statement to fruition, managers will use strategic planning, which is...If you want to get a full essay, order it on our website: Orderessay



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