quite a nice little management accountancy scenario from Dr Phillip Dunn over on the ICB websire this month.
Its not overly complex and put in a real life situation (despite the sales being in the millions for cricket bats!) so excellent practice for budgets, standard costing and variance analysis ready for putting together those all important management reports.
Here's a link for those who don't receive the ICB newsletter.
Note that this subject matter is equally applicable to IAB, AAT, ACCA, FIA, CIMA, etc. so should be read by students of every body.
kind regards,
Shaun.
P.S. Nice scenario James. Take a million brownie points for the ICB not hiding this one in the members area.
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Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.