Assignment Task:
Learning Outcomes:
A. Demonstrate the knowledge of concepts, tools, practices and ethical issues in management accounting
B. Research and analyze the role of accounting information in strategy formulation and decision making
C. Apply financial and non-financial techniques to make managerial decisions
D. Evaluate the performance of various departments of an organization and prepare performance reports
Master Budget Project Work:
The project involves creating a master budget for a listed Company in UAE that company produces minimum of two products that requires at least four raw materials. (The company may be a new subsidiary of an existing company) Your goal for the entire project is to develop a master budget for one year of the selected company.
Phase provides an initial starting point for the project.
a) Title page
b) Executive summary of master budget
c) Declaration
Presentation Format Use the following format:
- Title page
- Executive summary of master budget
- Introduction
- Classification of budgets
- Budgeted procedure
- Operation budget and its types
- Purpose and importance of every type of operation budget
- Prepare budgets for each and every operation for the selected company.
- Write a detailed interpretation for every type of budget
- Conclusion
References
MS Word document, Times new roman, front size 12 and 1.5 line space
Referencing Use APA or MLA format (minimum 10)
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Attachment:- Managerial Accounting.zip