financial management system of beximco
The Perceived Need for & Practical Implication of Managerial Accounting at “Beximco Pharmaceuticals”
Course work on
The Perceived Need for & Practical Implication of Managerial Accounting at Local Manufacturing Company ( Beximco Pharmaceuticals)
Prepared for: Mr. Mohammad Sawkat Hossain Course Instructor FNB 204
Prepared by : Group members:
Name
ID
BBA Program (3rd Batch)
Department of Finance & Banking
Jahangirnagar University
Savar, Dhaka-1342
March 31, 2012
Executive Summary
The origin of report is based on managerial accounting concept. The main focus of this report is Managerial Accounting, practical implementation on Managerial Accounting and so on. It is about clearing or developing idea and perception on this particular area of accounting. This study of Implementation of managerial accounting includes theoretical explanation of managerial accounting regarding the place of collecting data and practice of managerial accounting in various institutions. It includes elements pertaining to the definition of core values, mission and objectives cost-volume-profit analysis, global trade and transfer, branding, pricing, sensitivity and competition. Budgets outline the financial plans which include operating budgets, capital budgets and financial budgets. Managerial accounting as part management stuff it includes the planning, directing and motivating and controlling. So, an important part here is the strategies, monitoring, balancing, positioning, costing, production, analysis and budgets used by the company. these situations a manager can adjust the model as we have done in this chapter to take into account anticipated changes in selling price, fixed costs, and the sales mix that would otherwise violate the cost volume profit assumptions To get through all the mathematical implications of managerial accounting some basic idea and knowledge have been developed like costing systems and
Course work on
The Perceived Need for & Practical Implication of Managerial Accounting at Local Manufacturing Company ( Beximco Pharmaceuticals)
Prepared for: Mr. Mohammad Sawkat Hossain Course Instructor FNB 204
Prepared by : Group members:
Name
ID
BBA Program (3rd Batch)
Department of Finance & Banking
Jahangirnagar University
Savar, Dhaka-1342
March 31, 2012
Executive Summary
The origin of report is based on managerial accounting concept. The main focus of this report is Managerial Accounting, practical implementation on Managerial Accounting and so on. It is about clearing or developing idea and perception on this particular area of accounting. This study of Implementation of managerial accounting includes theoretical explanation of managerial accounting regarding the place of collecting data and practice of managerial accounting in various institutions. It includes elements pertaining to the definition of core values, mission and objectives cost-volume-profit analysis, global trade and transfer, branding, pricing, sensitivity and competition. Budgets outline the financial plans which include operating budgets, capital budgets and financial budgets. Managerial accounting as part management stuff it includes the planning, directing and motivating and controlling. So, an important part here is the strategies, monitoring, balancing, positioning, costing, production, analysis and budgets used by the company. these situations a manager can adjust the model as we have done in this chapter to take into account anticipated changes in selling price, fixed costs, and the sales mix that would otherwise violate the cost volume profit assumptions To get through all the mathematical implications of managerial accounting some basic idea and knowledge have been developed like costing systems and