Management Accounting

Management Accounting

Management Accounting,The overall aim of this unit is to introduce the fundamentals of management accounting which apply to the wider business environment and the organisations which operate within that environment. Students will explore how management accounting uses financial data to aid planning decisions, and the monitoring and control of finance within organisations.

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Introduction
The overall aim of this unit is to introduce the fundamentals of management accounting which apply to the wider business environment and the organisations which operate within that environment. Students will explore how management accounting uses financial data to aid planning decisions, and the monitoring and control of finance within organisations. On successful completion of this unit students will be in a position to present financial statements in a workplace context and be able to assist senior
Learner’s name and statement of authenticity
Learner’s Name:
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I certify that the work submitted for this assignment is my own. Where the work of others has been used to support my work then credit has been acknowledged.
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London Churchill College
BTEC HND in Business/ Unit 5: Management Accounting /Jan 2018 Page 2
colleagues with financial business planning. In addition, students will have the fundamental knowledge and skills to progress onto a higher level of study.
By the end of this unit students will be able to:
LO1. Demonstrate an understanding of management accounting systems.
LO2. Apply a range of management accounting techniques.
LO3. Explain the use of planning tools used in management accounting.
LO4. Compare ways in which organisations could use management accounting to respond to financial problems. Submission Format:
Formal report – LO1, LO2, LO3 & LO4 : (Task 1)
The submission is in the form of an individual written report. The Report should be covering LO1, LO2, LO3 & LO4 (Task 1). This should be written in a concise, formal business style using single spacing and font size 12. You are required to make use of table of content, headings, paragraphs and subsections as appropriate, and all work must be supported with research and referenced using the Harvard referencing system. Please also provide a bibliography using the Harvard referencing system. A brief Harvard reference guide is attached in the end of this assignment for you to use. The recommended word limit is 2,500–3,000 words, although you will not be penalised for exceeding the total word limit.

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