Select a company you are familiar with or one you are currently working in, or one...

50.1K

Verified Solution

Question

Accounting

Select a company you are familiar with or one you are currentlyworking in, or one with information publicly available. Using yourown words as much as possible, and in not more than 2,000 words (intotal):

(a) Provide a brief description of the organisation -background, the organizational structure, the nature of business,the industry and the environment it is operating in, itsproducts/services, etc.

(b) Choose one functional area (e.g. production, sales, customerservice etc.) and describe in detail how accounting information isused to facilitate and influence decision makings to maximize firmvalue.

(c) Discuss on whether the quality of the accounting informationyou have described achieved the objective of maximizing the firmvalue. Your comment on the quality of the accounting informationcan be based on the attributes of accuracy, timeliness and cost ofproducing the information.

(d) Suggest possible improvements to the quality of theaccounting information that the company can adopt.

Answer & Explanation Solved by verified expert
3.9 Ratings (786 Votes)
I am currently working in Dabur India limited Dabur India Ltd is one of the leading FMCG Companies in India The company is also a world leader in Ayurveda with a portfolio of HerbalAyurvedic products They operate in key consumer products categories like Hair Care Oral Care Health Care Skin Care and Foods The company operates through three business units namely consumer care division CCD international business division IBD and consumer health division CHD Their CCD business is divided into four key portfolios healthcare personal care home care and foods Their CHD business offers a range of healthcare products Their    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

Select a company you are familiar with or one you are currentlyworking in, or one with information publicly available. Using yourown words as much as possible, and in not more than 2,000 words (intotal):(a) Provide a brief description of the organisation -background, the organizational structure, the nature of business,the industry and the environment it is operating in, itsproducts/services, etc. (b) Choose one functional area (e.g. production, sales, customerservice etc.) and describe in detail how accounting information isused to facilitate and influence decision makings to maximize firmvalue. (c) Discuss on whether the quality of the accounting informationyou have described achieved the objective of maximizing the firmvalue. Your comment on the quality of the accounting informationcan be based on the attributes of accuracy, timeliness and cost ofproducing the information. (d) Suggest possible improvements to the quality of theaccounting information that the company can adopt.

Other questions asked by students