Business Modelling

UNIVERSITY OF SUNDERLAND

FACULTY OF BUSINESS & LAW

ASSIGNMENT ANSWER PAPER

MODULE CODE:​APC 309

MODULE TITLE:​STRATEGIC MANAGEMENT ACCOUNTING

DATE: 8th APRIL 2013

BY:

OJIABO, STELLA IFEOMA

BA (HONS) ACCOUNTING & FINANCIAL MANAGEMENT – TOP UP

STUDENT NUMBER: 129097859 

EMAIL: stella_okorafor@yahoo.com

TABLE OF CONTENTS

CONTENTS​PAGES

COVER PAGE​      ​       1

TABLE OF CONTENTS​​​       2

ASSIGNMENT FEEDBACK FORM​​       3

EXECUTIVE SUMMARY​​       4

ANSWER TO ASSIGNMENT PART A​​       5 – 8

ANSWER TO ASSIGNMENT PART B​​       9 –11

APPENDIX​       ​      12 – 21

REFERENCES​      22 – 23

WORD COUNT = 3297

ASSIGNMENT COVER SHEET

UNIVERSITY OF SUNDERLAND

BA (HONS) ACCOUNTING AND FINANCIAL MANAGEMENT

STUDENT ID: 129097859

STUDENT NAME: OJIABO STELLA IFEOMA

MODULE CODE: APC 309

MODULE NAME/TITLE: STRATEGIC MANGEMENT ACCOUNTING

DUE DATE: 8TH APRIL 2013

CENTRE/COLLEGE: RESOURCE DEVELOPMENT INTERNATIONAL LTD

DUE DATE: 8TH APRIL 2013

HAND IN DATE: 8TH APRIL 2013

ASSIGNMENT TITLE: STRATEGIC MANAGEMENT ACCOUNTING APC 309 ASSESSMENT FOR 8TH APRIL 2013

Students Signature: (you must sign this declaring that it is all your own work and all sources of information have been referenced)

SIGNED BY ME: OJIABO STELLA IFEOMA 3RD APRIL 2013

EXECUTIVE SUMMARY

This report is in two aspects. The first aspect will be looking at traditional budgeting both in a static market and dynamic market. While the second aspect, will be looking at the various parts of XYZ working capital cycle and how to improve each part.

Budgeting, which for many companies, stands as the cornerstone for management planning and control, is still relevant even in our today dynamic and rapid changing economy. Many still make use of traditional budgeting but its limitation has lead many companies...