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Accounting for Management and Control - discussing Huggenkis Knitwear Ltd.
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AC 307 Accounting for Management and Control Huggenkis Knitwear Ltd From: Luana Ardagna ID n.: 03026140 To: Chandres Tejura 1. Introduction 2. Organisational Structure 3. System of Costing 4. Budgetary Control 5. Performance Evaluation 6. Non-Financial Measurement Technique 1. Introduction Huggenkis Knitwear Ltd is from the 1952 one of the largest clothing firms in all the UK. The core business of the company is the production of three different kinds of lamb wool jerseys. The market coverage includes many countries in all over the world. The ten factories that the company owns are scattered throughout the UK. 2. Organisational Structure The actual organisational structure of the Huggenkis knitwear Ltd is a typical functional structure. Every activity of a similar kind within the company is placed under the control of the appropriate department head. In particular the company structure concentrates in four main departments - Finance, Production, Personnel and Sales. The organisation as a whole is considered as an investment centre and every factory represents...
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