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Managerial Accounting Assignment -

Background: You are recently employed as a graduate consultant in a management consultancy firm and are assigned to a team. One of your firm's clients is currently evaluating its budgeting system. The CEO of your client had recently attended a seminar on Activity-Based Budgeting (ABB) in private companies and would like to know whether ABB is suitable to the company. Your manager has asked your team to prepare a report for the client.

Required: Your group is required to prepare a report to comment on the suitability of ABB for a company of your group's choice (your firm's client). The report should cover the followings:

a) A description of your firm's client

b) A description of the ABB and its features

c) In what ways ABB is different from traditional budgeting systems

d) A discussion on whether the ABB is suitable to your firm's client

The word limit for the assignment is 3,000 words. Please use "word count" and include in report.

Managerial Accounting, Accounting

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