Description
Throughout this unit, you will gain a comprehensive understanding of the budgetary process and acquire the ability to construct budgets effectively. By doing so, you will be able to identify and report on both successful areas and areas of concern, keeping key stakeholders informed. Additionally, you will develop the skills to critically evaluate organisational performance, providing valuable insights to guide business strategies.
Moreover, you will be equipped with a diverse range of knowledge and skills across various systems to enhance the control environment of an organisation. Understanding the multitude of methods available and discerning when and how to apply each of them will empower you to advise businesses in a wide array of situations effectively.
The unit will also foster an appreciation for handling the complexities of both short-term and long-term decision-making. Recognising the unique challenges and uncertainties associated with each type of decision-making is of utmost importance. By incorporating these differences into your analyses, you will establish yourself as an indispensable part of the decision-making process as a management accountant.
Learning outcomes
- Understand and implement the organisational planning process
- Use internal processes to enhance operational control
- Use techniques to aid short-term and long-term decision making
- Analyse and report on business performance
Details
Publisher - BookVAULT Publishing
Language -
Paperback
Author(s) - Accountext Publishing Ltd
Published Date - January 17 2025
ISBN - 9781836902997
Dimensions - 29.7 x 21 x 2.3 cm
Page Count - 416
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