Assignment Instructions

Discuss how SCT could use strategic management accounting practices to help understand their costs and plan for the next three years..

Discuss how SCT could use strategic management accounting practices to help understand their costs and plan for the next three years.

Your discussion must be no more than 1,200 words, excluding academic references, tables and diagrams. You do not need to research Kotter and Schlesinger’s change approaches, as these should not be the focus of your discussion.

Question 2 (20%)

As detailed in the case scenario the Trust is considering the purchase of three new machines to reduce costs and improve patient care. Based on the following information, use your knowledge of project appraisal methods as well as any other factors that you must consider in order to make an effective decision regarding the new machines. State any assumptions you make.

SCT has hired a financial analyst to help them understand the cost savings better to justify the cost of machine to the central Government. The analyst charged a one-off fee of £5,000 and raised following points:

• The central Government will only approve the cost of machines if savings of £3 million are achieved.

• The machines will be depreciated over three years on a straight-line basis and will be returned to the charity at the end of three years to be sold for a scrap value of approximately £0.2 million per machine.

• SCT is determined to minimize redundancies. Therefore, staff vacancies in other departments must be explored. Currently, the following vacancies are available:

o There are currently 30 administrative vacancies in other departments across the Trust. The salary advertised for these posts is £24,000 per annum.

o There are currently 40 nursing vacancies unfilled in the Trust’s hospitals. The salary for these posts is £30,000 per annum. The nurses will need to undergo training once recruited. The training cost will be £400 per employee.

Write no more than 200 words.

Question 3 (10%)

At the start of the unit you were asked to consider how taking a unit in accounting and finance would help you become a better management professional. You will now revisit this question and reflect on it as you have completed the unit.

Explain how you now think accounting and finance knowledge and skills can help you personally become a better management professional. Connect reflections on your learning from the unit to your programme pathway.

The post Discuss how SCT could use strategic management accounting practices to help understand their costs and plan for the next three years. appeared first on Bestchoice Writers.

Discuss how SCT could use strategic management accounting practices to help understand their costs and plan for the next three years.

Calculate Price


Price (USD)
$

Why Choose Us For Your Assignment?

Privacy

We value all our customers' privacy. For that reason, all information stays private and confidential and will never be shared with third parties.

Punctuality

With our service you will never miss a deadline. We use strict follow-ups with our writers to ensure that all papers are submitted on time.

Authenticity

We have no tolerance for plagiarism. All papers go through thorough checking to ensure that no assignments contain plagiarism.

Money Back

You feel unsatisfied with your results? No worries. We offer refunds to our customers if any paper is not written according to the instructions.

Clients Love Us

Client #121678
Client #121678
Read More
This is by far the best I have ever scored in a custom essay. I am surprised the writer handled this assignment so well despite the short notice. I will definitely use your service next time.
Client #21702
Client #21702
Read More
When I was recommended to you by my friends, I wasn't sure you could deliver excellent results for Masters research papers until I submitted my first order. I am all yours now.
Client #20730
Client #20730
Read More
Excellent Services! You are the only assignment helper I can rely on. I have worked with many before and your services are exceptional. I have recommended you to my friends and the results are similar.
Client #20387
Client #20387
Read More
I rarely write reviews online but your services are worth promoting. My paper was so urgent I was sure I was gonna miss the deadline but you turned things around. You are awesome!
Client #20189
Client #20189
Read More
I am a satisfied customer. I know I should have given a 5 star because you deserve it but I will give 4.6 because I almost missed a deadline because of a revision. Luckily it was minor and the writer acted promptly.
Client #20187
Client #20187
Read More
Great paper but there is still some room for improvement. I am impressed by your fast responses and how you tacked my concerns professionally. Thank you for being among the few genuine essay writing service providers.
Client #19783
Client #19783
Read More
I can't thank you enough for being a great part of my college life. I recommended you to two more of my friends. I am sure they will be making their orders soon. I love the fact that you offer free pages for referrals. I will be referring a few more and maybe I won't have to pay for my next two paper, LOL.
Previous
Next