[vc_row css=”.vc_custom_1459506798851{margin-bottom: 100px !important;}”][vc_column offset=”vc_col-lg-9 vc_col-md-9″ css=”.vc_custom_1465228191820{margin-top: 25px !important;}”][vc_row_inner][vc_column_inner][vc_column_text]<\/p>\n
Create a tool for managing company\u2019s financial and economic activities, liquidity based on accounting, accumulation and processing of reliable information across all business operations and reporting required for managerial decision-making.<\/p><\/blockquote>\n
The main goal is to obtain reliable information on the following:<\/h2>\n
\n
- Composition of costs (according to costs type) across company divisions and the company overall;<\/li>\n
- Cost price of each business line and product type of the company;<\/li>\n
- Company’s ability to generate profit, sources of profit or company losses;<\/li>\n
- Effectiveness of internal processes within the company and the company\u2019s divisions performance efficiency;<\/li>\n
- financial stability (liquidity) of the company, assets amount and liability by their types;<\/li>\n
- the amount of receivables and payables according to type of debts;<\/li>\n
- inflow and outflow of cash which change balances on current accounts and at the company’s cash desks;<\/li>\n
- Cash flows of the company;<\/li>\n
- The sources of difference between company\u2019s profit and generated cash flow;<\/li>\n<\/ul>\n
Stages of the Project:<\/h2>\n
\n
- Introduction to the Company:\n
\n
- Strategy;<\/li>\n
- Organizational structure;<\/li>\n
- Business processes.<\/li>\n<\/ul>\n<\/li>\n
- Development of financial accounting methodology:\n
\n
- Purposes of financial accounting;<\/li>\n
- Financial structure;<\/li>\n
- Forms and formats of management reports;<\/li>\n
- Managerial chart of accounts;<\/li>\n
- Classifiers, reference information (analytic characters);<\/li>\n
- Business transactions accounting schemes;<\/li>\n
- Methods of cost allocation and the formation of cost estimates;<\/li>\n
- Management reporting consolidation procedure;<\/li>\n
- Regulation processes.<\/li>\n<\/ul>\n<\/li>\n
- Drafting of a document “Regulation on the Management Accounting System”<\/li>\n<\/ul>\n
Conduct Procedures:<\/h2>\n
\n
- Preparation of a preliminary list of the documents requested from the Customer and analysis of these documents;<\/li>\n
- Preparation of the list of questions for the Customer’s responders and analysis of the answers;<\/li>\n
- Interviewing the manager and key personnel of the customer;<\/li>\n
- Analysis of the information received;<\/li>\n
- Confirmation and approval of the developed documents according to the management accounting methodology.<\/li>\n<\/ul>\n
Project Outcomes:<\/h2>\n
\n
- Formalized management accounting policy which is aligned with the current and long-term tasks of the company development;<\/li>\n
- Structured list of works and required investments for the management accounting system automation.<\/li>\n<\/ul>\n
Value for the Customer:<\/h2>\n
\n
- Strengthening of business transparency and financial flows;<\/li>\n
- Receipt of reliable information on all financial operations;<\/li>\n
- Improvement of quality and operational efficiency of management decision taken at the operative management level;<\/li>\n
- Effective control of financial activity risks;<\/li>\n
- Assessment of personnel activity, middle ranking management and senior executives;<\/li>\n
- Strengthening the company\u2019s investment attractiveness.<\/li>\n<\/ul>\n
[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_cta h2=”Development of Management Accounting System Methodology” h2_font_container=”font_size:28px|color:%23ffffff|line_height:24px” h2_google_fonts=”font_family:Istok%20Web%3Aregular%2Citalic%2C700%2C700italic|font_style:700%20bold%20regular%3A700%3Anormal” shape=”square” style=”flat” add_button=”right” btn_title=”SUBMIT A REQUEST” btn_style=”flat” btn_color=”theme_style_2″ btn_align=”right” btn_i_align=”right” btn_i_icon_fontawesome=”fa fa-chevron-right” use_custom_fonts_h2=”true” btn_link=”url:%2Feng%2Fcontacts%2F||” btn_add_icon=”true” el_class=”third_bg_color” css=”.vc_custom_1501829726663{margin-top: 25px !important;margin-bottom: 0px !important;padding-right: 15px !important;padding-left: 15px !important;}” btn_button_block=”true”][\/vc_cta][\/vc_column][vc_column width=”1\/4″ offset=”vc_hidden-sm vc_hidden-xs”][stm_sidebar sidebar=”577″][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"
[vc_row css=”.vc_custom_1459506798851{margin-bottom: 100px !important;}”][vc_column offset=”vc_col-lg-9 vc_col-md-9″ css=”.vc_custom_1465228191820{margin-top: 25px !important;}”][vc_row_inner][vc_column_inner][vc_column_text] Project Objective Create a tool for managing company\u2019s financial and economic activities, liquidity based on accounting, accumulation and processing of reliable information across all business operations and reporting required for managerial decision-making. The main goal is to obtain reliable information on the following: Composition of costs<\/p>\n","protected":false},"author":6,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-2435","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/rbc-grp.solutions\/eng\/wp-json\/wp\/v2\/pages\/2435","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rbc-grp.solutions\/eng\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/rbc-grp.solutions\/eng\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/rbc-grp.solutions\/eng\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/rbc-grp.solutions\/eng\/wp-json\/wp\/v2\/comments?post=2435"}],"version-history":[{"count":4,"href":"https:\/\/rbc-grp.solutions\/eng\/wp-json\/wp\/v2\/pages\/2435\/revisions"}],"predecessor-version":[{"id":3075,"href":"https:\/\/rbc-grp.solutions\/eng\/wp-json\/wp\/v2\/pages\/2435\/revisions\/3075"}],"wp:attachment":[{"href":"https:\/\/rbc-grp.solutions\/eng\/wp-json\/wp\/v2\/media?parent=2435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}