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Management Accounting Assignment (2000 words)

MANAGEMENT ACCOUNTING Year 2: ASSESSED WORK Summer 2011

This work is to be based on the company – Persimmon plc.

Required:

In relation to Persimmon plc

a) i) Provide a brief summary of the company’s business activities, its recent history, and current position.

ii) Identify and outline what you consider to be examples of important information requirements which could aid the managers of this business.

(For example you could consider issues such as maintaining day to day operational control, product costing and pricing, planning & decision making, monitoring the business performance, building and maintaining a competitive advantage, any other area(s) you consider important.)

Marks Weighting 25%

(@ 500 words)

Considering the company’s information needs, identified in (aii) above, select one suitable costing method and three other suitable non-costing, management accounting methods/techniques (e.g. variance analysis) from those covered on the Management Accounting 2 course.

For each method or technique chosen:

(b) show how it would be applied within this company, including a specific illustrative example. (Your example need not include numbers.)

Marks Weighting 25%

(@ 500 words)

(c) explain how you would expect the company to benefit from the use identified above and explain how your suggestions could assist the business performance.

Marks Weighting 25%

(@ 500 words)

(d) outline any limitations of the techniques you have identified and explain how these might adversely impact on the effectiveness of the method/technique for the purpose intended.

Marks Weighting 25%

(@ 500 words)

Your answer should be word processed, no longer than 2000 words and appropriately referenced. It will count for 30% of your final mark for this unit.

Deadline Monday 12 August 2011

Skills: Research Writing

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