Management Accounting

Raman Financial Group > Management Accounting

Issue: Do you have any problem or difficulties in choosing production technology, product improvement, accept or refusing the machinery replacement or investment projects?

Solution: By estimating the income and expenses of the current items and calculate and differential comparison of operational net income and choose the option with the most operational income for the business.

 

Issue: Do you have any plans for the best usage of your business assets and resources for the next financial year?

Solution: To prepare the master budget which is divided to operating and financial in order to prevent upcoming crisis and also knowing the Business bottlenecks.

 

Issue: Have you ever checked or analyzed the items on cost of goods sold and the effects on the operational income?

Solution: Preparing reports on analyzing the effects of the production level changes, Sales price, fixed costs or business Cost-Volume Profit Analysis (C.V.P)