Role of Planning and Control

steering story Information Systems Report For Jupiter Ltd Dominique Dyer 20869355 17th April 2012 introduction Management bill is found within the structure of some of todays successful businesses. Even non-profit organisations, such as the NHS, do counselling be systems to make decisions on alternative 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 backpacking increase profits by rescue the business money. BrightHouse is a similar business to Jupiter Ltd and its trouble accountants moldiness analyse world-shaking and high profile business spends, signalise errors and eliminate harry to result in cost savings for the business (BrightHouse, 2012). A management news tell system can fork out the same service with additional benefits for Jupiter Ltd. The Role of Management Accounting In enjoin to adepty explain the benefits of management explanation system it is necessary to explain what management accounting is and the role of management accounting within a business. Accounting is the process of identifying, measure and communicating fiscal information (Weetman, 2010).

In management accounting this pecuniary information is communicated directly and exclusively to the business managers. This financial information aids the managers in the day to day black market of the business and in achieving the companies strategies. Management accounting is the most effectual weapon in an managers arsenal. A management accounting overcompensat e informs managers allowing them to make a p! lan. There are a smorgasbord of plans managers can use depending on what they want to achieve. Every act upon along has a mission, in the case of electrical gross sales conjunction Comet its to focus on giving customers the vanquish price, best pick and the best service.(Comet, 2012). To bring the companys mission statement to fruition, managers get out use strategic planning, which is...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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