DEFINITION OF RELEVANT COSTS AND IRRELEVANT COSTS SUCH AS FUTURE COSTS ACCOUNTINGJessup Ltd is a medium to large, a fast growing company in advertising and public relations. The ESSAY PART 1-- 800w
DEFINITION OF RELEVANT COSTS AND IRRELEVANT COSTS SUCH AS FUTURE COSTS ACCOUNTINGJessup Ltd is a medium to large, a fast growing company in advertising and public relations. The ESSAY PART 1-- 800w
DEFINITION OF RELEVANT COSTS AND IRRELEVANT COSTS SUCH AS FUTURE COSTS ACCOUNTING ESSAY PART 1-- 800w
EXECUTIVE SUMMARY
Jessup Ltd is a medium to large, a fast growing company in advertising and public relations. The company is run by four directors who are advertising experts. The purpose of this report is to addresses key roles of strategic management accountant, relevant and irrelevant costs and revenues term in strategic management accounting decision making and benefit and limitation of activity based costing.
In first part of the report has already highlighted the key roles of strategic management accountant roles. The strategic management accountant’s roles are in economic market and transfer pricing. The strategic management accountants are in corporate government. This will explain how the strategic management accountant in performance measurement, practical and also strategic management accounting techniques.
Secondly, the term of relevant and irrelevant cost and revenues in decision making. Definition of relevant costs and irrelevant costs such as future costs, sunk costs and etc. The impact of relevant costs and revenues while organisation wish to improving making decision. The sunk costs effect while decision