The overall objective of the assessment is to demonstrate an understanding of strategic management accounting principles -
Question:
The overall objective of the assessment is to demonstrate an understanding of strategic management accounting principles - designing a plan for a new firm, breakeven analysis for a project, developing a master budget, and a Balanced Scorecard analysis of the business you have created. Learning Outcomes on successful completion of this subject, students will be able to: a. Develop skills as a professional accountant in order to create, manage and enhance value within organisations through the use of various strategic management accounting tools & techniques;
b. Examine and apply the strategic management process in an organisation and industry, understand value drivers and value chain;
c. Analyse crucially the strategic management cycle and the leadership role of the professional accountants in strategic management;
d. Analyse the characteristics of effective strategic and corporate social responsibility related performance measurement and controls systems;
Part A:
Strategic management accountingdeveloping strategy for a new business. Your group will work as a business consultant and prepare a comprehensive report and slide pack for the potential investors to invest in new business ventures. It is currently standard practice to present prospective investors with a slide pack (with 4 slides) that outlines the strategy of the business initiative, as well as an overview of the major financials. Your goal is to research and develop an innovative produce for a new business and hunt successfully investment from potential investors. To reach to that goal, you are required to work on the following areas:
1. What is the business strategy for the new businessvision, mission "what is the product," "what is the market," "where is the market," and so on.
NOTE;- The topic is "CoolBrella: The Ultimate Summer Umbrella with Built-in Air Conditioning." send me the assignment within 500-600 words limit with 4 refernces according to harvard university style please