Managerial

Accounting
Misfit Book-Keepers
Course title: Managerial
Md Pabel Rana
ID:12007004 Accounting

Md Emam Uddin
ID:12007014
Hure Jannat Aorna
Jamila Akter ID:12007053
ID:12007023 Leader

Md HS Roki Khan
ID:12007033
Introduction to
Managerial
Accounting
 Characteristics of
Management Accounting

01 02 03 04

Concerned Helps in planning Studies the

Selective and decision relationship
with future
Nature making between causes
and effects
 Functions of
Management Accounting

01 02
Provides data Modifies data

03 04
Analyses and interprets
data Communication
 Functions of
Management Accounting

05 06
Assist in Organizing To Coordinate

07 08
Assist in Motivation Facilitates Control
Scope of Managerial Accounting:

04.
Reporting
01. 02. 03. 05.
Financial Budgeting and
Accounting Cost Accounting Forecasting Taxation
Financial Accounting vs Managerial Accounting

Financial Managerial
Accounting Accounting
• Relevancy of Data
• Emphasis on future

• Emphasis on Precision
• Segmentation of
Organisations

• Gaap
• Mandatory
Cost Accounting vs Managerial
Accounting
Topics
Inherent
Meaning
Application
Scope
Measuring Grid
Sub-set
Basis of decision
Cost making

Accounting
Statutory Requirement
DependenceUsed For Managerial
Accounting
Management Accountant 
Management accountant those
people who work for public companies,
private businesses, and government
agencies.

Their duties include recording

and crunching numbers,
helping to choose and manage
company investments, risk
management, budgeting,
planning, strategizing, and
Role of management accountant both Controller and
Treasurer:

You can enter a subtitle here if you need it

 Non-Profit Organization
A non-profit organization is a
group organized for purposes other
than generating profit and in which no
part of the organization's income is
distributed to its members, directors,
or officers.
Difference between Modern
and Traditional
management accounting
Modern management Traditional management
accounting accounting

Record, summarize and analyze the expenses

and analyze the expense behavior, drivers and Record, summarize and analyze the expenses
fluctuation

Don`t break down expenses and don`t

Break down expenses into different estimate upcoming expenses
categories, estimate upcoming expenses

Can`t gain sustainable competitive advantage

Can gain sustainable competitive advantage
IMA Guidelines (Competence)

 Maintain an appropriate level

of professional
 Perform professional duties
with relevant
laws ,regulations and
technical standard
 Provide information and
recommendations that are
accurate, clear and timely
IMA Guidelines (Confidentiality)
 Don`t disclose confidential
information

 Refrein from use of

confidential information for
unethical and illigal use

 Ensure that subordines do

not disclose confidentian
informatin
IMA Guidelines for Ethical Behavior (Integrity)

Refrain
Refrain from conduct that
would prejudice carrying out
duties ethically.
Mitigate Abstain
Mitigate conflicts of interest and Abstain from activities that
advise other of potential conflicts. might discredit the profession.
IMA Guidelines for Ethical Behavior (Credibility)

02.
Disclose delays or
deficiencies in
01. information timeliness,
processing or internal
Communicate controls.
information fairly and
objectively. 03.
Disclose all relevant information
that could influence a user’s
understanding of reports and
recommendations.
IMA Guidelines for Resolution of an Ethical
Conflict
Discuss the conflict with
immediate supervisor or
next highest uninvolved
manager.
Except where legally prescribed,
maintain confidentiality.
If immediate supervisor is
the CEO, consider the board Contact with levels above the immediate
of directors or the audit supervisor should only be initiated with
the supervisor’s knowledge, assuming
committee.
the supervisor is not involved .
Clarify issues in a Consult an attorney as to
confidential discussion legal obligations
with an objective
advisor
 Reasons for Having Ethical Standards

01. 03
.
Abandoning ethical
Ethical standards in standards in business
business are essential a lower
would lead to
for a smooth quality of life with
functioning less desirable goods
and services at higher
economy. prices.

02.
Without ethical standards in business, the
economy, and all of us who depend on it for jobs,
goods and services would suffer.
Thank you