Managerial Accounting & Control Systems add value to an FMCG Sales Distribution organization by pursuing five major objectives:

1. Providing information for decision making and planning.

2. Assisting managers in directing and controlling operational activities

3. Motivating managers and other employees towards organizational goals.

4. Measuring performance of activities, sub units, managers and other employees within the organization

5. Assessing the organizations competitive position and ensuring the organization’s long run competitiveness in its industry.

The report by participants should answer the following question: The students are expected to write a report on how the organization they are working for use the tools and techniques introduced in this course.

The suggested report outline would look like this:

1. A brief overview of the company and its operations (FMCG Sales Distribution Company)

2. A brief description of uses of costing information for the organization [hint: focus on the five objectives enumerate above]

3. A description (possibly with aid of diagrams) of the costing system in place.

4. Suggestions for improvement, considering the costs and benefits of investing in the improved system.

The length of the report can be a maximum of 3,500 words and should demonstrate students’ understanding of the relevant concepts/tools/techniques and appreciation for challenges and benefits accrued from use of the same in real life situations.

As an example, students could report how improved cost allocation systems lead to better cost control or pricing at the company.

The project would be evaluated based on;

1. Identification of situations where Management Accounting and Control can help organizations achieve their objectives.

2. Demonstration of knowledge of Costing Techniques in the organization

3. Suggestions for improvement and their possible impact