Role of Planning and Control

steering be Information Systems Report For Jupiter Ltd Dominique Dyer 20869355 17th April 2012 foundation garment Management bill is found within the structure of many a(prenominal) of todays successful businesses. Even non-profit organisations, such as the NHS, do counselling be systems to make decisions on imagery 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 perplexity accountants moldiness analyse monumental and high profile business spends, signalise errors and eliminate devour to result in cost savings for the business (BrightHouse, 2012). A management news tell system can stomach the same service with additional benefits for Jupiter Ltd. The Role of Management Accounting In enjoin to largey expla in the benefits of management story it is necessary to explain what management history 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 fiscal information is communicated directly and exclusively to the business managers. This financial information aids the managers in the day to day consort of the business and in achieving the companies strategies. Management accounting is the most potent weapon in an managers arsenal. A management accounting answer for informs manag ers allowing them to make a plan. There are ! a mixture of plans managers can use depending on what they want to achieve. Every spell along has a mission, in the case of electrical gross revenue conjunction Comet its to focus on giving customers the beat out price, best pick and the best service.(Comet, 2012). To bring the companys mission statement to fruition, managers go forth use strategic planning, which is...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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