How to organize management accounting

Currently, management accounting is necessary, first of all, for the collection, processing and analysis of information that will be required to solve a specific management task. How to organize management accounting in an enterprise and what is needed for this?

You will need

reporting on the activities of the enterprise for the past period, as well as information on those "gaps" in production that need to be addressed

Instruction manual

1

Clearly formulate a management task and propose several ways to solve it. In this case, the goal, the achievement of which the formulated task is directed, should be determined by a quantitative or qualitative result. For example, the task of management accounting is to develop a workflow accounting program. The ultimate goal will be to simplify the procedure for processing documents (certificates, powers of attorney, extracts) and print them electronically. Moreover, the head will always be able to track which document, where and at what time it was written out, whether it was drawn up correctly and certified in the corresponding department.

2

Issue a management task in writing (project) and approve it with managers or managers of the corresponding department.

3

Align the project with the requirements of accounting, tax and financial accounting. The final result must be associated with a reduction in costs or the cost of production produced at the enterprise. Indeed, it is from this indicator that the effectiveness of the enterprise will depend. In our example, the development and installation of software will require additional costs that will quickly pay off due to the timely and lightning-fast processing of documents, which is especially important when working with suppliers or customers. For example, quick execution of a power of attorney will help an employee to receive goods from a supplier that can be immediately sold.

4

Bring a management task to life. Train the staff, develop instructions for using the software, approve the forms of documents, assign the responsibility for the analysis and collection of information on the implementation of the project to the appropriate employees.

5

Monitor the effectiveness of the implemented management task after one to two months.

note

Management accounting is a rather complicated science, which requires constant monitoring and improvement from the management, so the implementation of this department in an enterprise can take several months.

How to organize management accounting in 2018