Research proposal: Coca-Cola's Accounting system
https://ilokabenneth.blogspot.com/2014/10/research-proposal-coca-colas-accounting.html
Author: Iloka Benneth Chiemelie
Published: 5-October-2014
Company name
Coca-Cola
Bottling Company PLC
Research Methodology
Basically,
this research is all about understanding accounting measures in Coca-Cola,
aligning these measures with existing theories and model to highlight issues
that the company will face with their accounting measures, and finally
recommending solutions to these highlighted issues. Thus, the chapter one is
focused on present background overview of Coca-Cola and its accounting
measures. This is followed by the second chapter which analyzes these
accounting measures in line with existing theories and models. The final
chapter then presents necessary recommendations for Coca-Cola on how to resolve
these issues and ensure an effective outcome form its accounting practices.
Accounting measures to be
considered
In
the review process, a number of accounting measures will be analyzed and they
include
NPV
– it is important to understand how the company measures its NPV because it
does have a huge influence on the investment approaches, decision making
process, and overall expected performance outcomes.
IRR
– just like the NPV, it is also necessary to understand the measure of IRR in
the company’s accounting system and this model will also be discussed in this
research.
Costing method: ABC-vs-
Conventional costing methods – ABC has been
described as the best option because it allows companies to insure cost as it
proceeds with its decisions instead of forced cost factors that don’t necessary
reflect decisions. Thus, the accounting approach adopted by Coca-Cola will be
reviewed.
Budgeting –
there are difference budgeting approaches, and the review will loom into
budgeting approaches like sales purchase, purchase budgeting, revenue and other
budgeting approaches adopted by the company.
Other accounting measures
– other accounting measures deemed necessary from the analysis of the company’s
accounting measures will also be discussed in this research. Basically, the
whole research is about analyzing Coca-Cola’s accounting approaches, highlight
issues faced by the company and providing necessary recommendations. Thus, all
accounting approaches deemed necessary will be discussed in the research.
Bibliography – source of materials
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