Assignment title: Management


Darwin Ltd is a major producer of prefabricated beach houses. The company consists of two divisions: the Bondi Division which acquires the raw materials to manufacture the basic house components and assembles them into kits, and the Bronte Division which takes the kits and constructs the homes for final home buyers . The company is decentralized and the performance od the management of each division is measured by divisional profit and return on investment…… Discuss the value of the annual performance report presented for the Bondi Division in evaluating the division and its management in terms of: a) Accounting techniques employed in the measurement of divisional activities b) Manner of presentation. c) Effectivesnes with which it discloses differences and similarities between years. Use the information in the problem to illustrate your answer. Present specific recommendations for the management of Darwin Ltd that would improve its accounting and financial reporting sys tem . Suppose the Bondi Division chief accountant Jake Thompson was approached on 28 December by the divisional general manager.