Strategic Accounting for Decision Making - Essay Example

Only on StudentShare

Extract of sample
Strategic Accounting for Decision Making

We can review this report together once you have gone through the basics. We can take up from there for the implementation of any suitable plan of action for the overall financial improvement of the units concerned.
The important factor for consideration both in the case of Central Pool as well as Taff View is that there seems to be an immediate need for the sales to be enhanced since there is gross underutilisation of the operating assets. This is evidenced by the Ratios of Operating Profit to Operating assets and the Sales to Operating assets. As against the ratio of operating assets to operating profit of 21% in the case of Field Park it is 1.55% and 4.60% for Central Pool and Taff View respectively. These ratios are very low. Similarly the ratio of sales to operating assets is only 1.10% for Central Pool and 1.34% for Taff View, whereas the same ratio for Field Park is 2.80%. Comparatively the ratios for Central Pool and Taff View are poor.
Similarly the profitability of both Taff View and Central Pool is well below the comparative profitability of the Field Park. This is quite obviously exhibited by the operating profit to sales ratio of both facilities. The operating profit to sales ratios stand at 1.41% for Central Pool and 3.44% for Taff View. These are very low as compared to the ratio of 7.60% for Field Park signifying the profitability of both the facilities is not up to the mark. ...Show more


I have made a study into the financial affairs of both Central Pool and Taff View Pool on the basis of the financial information for the year ended 30th April 2006 provided by the Leisure Service accountant. He also made me available some additional information concerning the working of these units…
Author : xgislason
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Strategic Accounting for Decision Making Essay"
with a personal 20% discount.
Grab the best paper

Related Essays

Strategic Investment Decision Making
To my friend's parents I want to say thank you to you all. Their prayers and blessings serve as a shield towards the tremendous circumstances in life. My supervisor and course tutor has been a great source of motivation and care has helped me sharpen and refine it to the point where I have confidence to put it forward to the community.
11 pages (2750 words) Case Study
Decision Making College Essay
On the other hand some researcher believe on different techniques such as cognitive and personality styles, the problem solving and decision making ability varies from person to person and cognitive techniques have played a vital role in identifying how different people solve their problems.
3 pages (750 words) Essay
Write three perfect answers for BIG 4Deloitte's competencies question
2 pages (500 words) Essay
Psychometric Testing
With research findings from authors, experts and one's own human resource organization the selection can be very complicated and may not be done in an organized all the time, with all options analyzed. This essay analyzes some of the studies involved in making psychometrics as a pertinent choice for managers.
4 pages (1000 words) Essay
Strategic and Financial Decision Making
Borrowings include loans from financial institutions; corporate bonds etc. while shareholders funds include equity share capital, preference share capital, accumulated profits. However, the amount of risk involved in both the sources of financing differs.
8 pages (2000 words) Essay
Strategic Decision Making
Thus the new Chief Executive Officer's (CEO) decision to present himself in a prime-time TV interview is of strategic significance for a number of reasons. In the first instance Bamford's decision is based on the premise that with the death of the old CEO things are bound to change at Comfort Homes.
10 pages (2500 words) Case Study
ACC501 - Accounting for Decision Making
It has an extensive network of dealers in all the regions of the world. The company as of 2009 has 90 plants scattered in the different locations of the world with 198,000 employees. Ford is an American Based company, with its head
5 pages (1250 words) Essay
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email