ASSESSMENT - Management Accounting and procedures for Quantity Surveying practice

Task 01

Explain the roles & responsibilities of Quantity Surveyor in a client organization & a contractors company in term of Financial & Cost Management?

Task 02

Refer the financial statements of Nisalka Constructions PLC, a building constructor given on annexure 1.

Analyse the financial statements and assess the performance of the organization (Conclude your report with both financial and non-financials measurements)

LEARNING OUTCOMES OF ASSESSMENT

On completing this course successfully the learner will be able to:

(1) Identify key management accounting principles & produces information that is used within a construction business organization,

(2) Identify tools and techniques used in management accounting to produce various financial information and make business decisions,

(3) Understand & demonstrate basic skills to prepare financial statements to incorporate financial accounting& cost accounting information to that is used to plan, set organizational goals,

(4) Analyse positive impacts of management accounting techniques on profitability and avoid insolvency of a construction business,

(5) Apply management accounting information to measure performance of construction business organisations and its employees.

Annexure 1

Extracts of financial statements of Nisalka Constructions PLC