management accountant as an entreprenuer
TRANSCRIPT
![Page 1: Management accountant as an entreprenuer](https://reader034.vdocuments.mx/reader034/viewer/2022052514/58f9c0331a28abf4388b4569/html5/thumbnails/1.jpg)
MANAGEMENT ACCOUNTANT:
AN ENTREPRENEUR
By : SAMIA ASGHARRegistration # 20121718
![Page 2: Management accountant as an entreprenuer](https://reader034.vdocuments.mx/reader034/viewer/2022052514/58f9c0331a28abf4388b4569/html5/thumbnails/2.jpg)
SUMMARY
Entrepreneurs Management Accountants Rudiments Of Entrepreneurs Role of Management
Accountants as an entrepreneur
Conclusion
![Page 3: Management accountant as an entreprenuer](https://reader034.vdocuments.mx/reader034/viewer/2022052514/58f9c0331a28abf4388b4569/html5/thumbnails/3.jpg)
HARRY HORNBY,ACMA
He Said : “He Had No Job To Go To,
No Savings But He Was Motivated And Determined. He Took Loan From Bank & Setup Office In A Spare Bedroom. Eagle Consulting Take Off’’
![Page 4: Management accountant as an entreprenuer](https://reader034.vdocuments.mx/reader034/viewer/2022052514/58f9c0331a28abf4388b4569/html5/thumbnails/4.jpg)
ENTREPRENEURMerriam-Webster dictionaryOne who : organizes manages and assumes the
risks of a business or
enterprise
![Page 5: Management accountant as an entreprenuer](https://reader034.vdocuments.mx/reader034/viewer/2022052514/58f9c0331a28abf4388b4569/html5/thumbnails/5.jpg)
MANAGEMENT ACCOUNTANTS
Are Decisive player for the success & survival of a company Foresee future, assessing the Risk Informed Planning Better Decision Making & Controlling
![Page 6: Management accountant as an entreprenuer](https://reader034.vdocuments.mx/reader034/viewer/2022052514/58f9c0331a28abf4388b4569/html5/thumbnails/6.jpg)
RUDIMENTS OF ENTREPRENEUR
Innovator
Risk taker
Opportunist
Visionary
These All Also The Rudiments
Of Management Accountants
![Page 7: Management accountant as an entreprenuer](https://reader034.vdocuments.mx/reader034/viewer/2022052514/58f9c0331a28abf4388b4569/html5/thumbnails/7.jpg)
Management Accountants PLAY KEY ROLE FOR:
Planning
Controlling
Decision making
![Page 8: Management accountant as an entreprenuer](https://reader034.vdocuments.mx/reader034/viewer/2022052514/58f9c0331a28abf4388b4569/html5/thumbnails/8.jpg)
Planning:
Make budgets: -budgeted income statement. -production budget -cost budget - cash flow budget
PlanRudiment:Vision And Risk Takers
![Page 9: Management accountant as an entreprenuer](https://reader034.vdocuments.mx/reader034/viewer/2022052514/58f9c0331a28abf4388b4569/html5/thumbnails/9.jpg)
Controlling:
Find And Availing the Opportunity
Plan
Action taken
results
Comparison of planned and
actual results
Evaluation
Rudiments: Opportunity
availed
![Page 10: Management accountant as an entreprenuer](https://reader034.vdocuments.mx/reader034/viewer/2022052514/58f9c0331a28abf4388b4569/html5/thumbnails/10.jpg)
-Should company accept
the order?
- Should we add another product
line?
decision making:Rudiments:
Risk taker and innovator
Decision to change
operation or revise plans
![Page 11: Management accountant as an entreprenuer](https://reader034.vdocuments.mx/reader034/viewer/2022052514/58f9c0331a28abf4388b4569/html5/thumbnails/11.jpg)
“MANAGEMENT ACCOUNTANTS ARE BY
DEFAULT AN ENTREPRENEUR FOR ANY ORGANISATION THEY ARE WORKING
FOR”
![Page 12: Management accountant as an entreprenuer](https://reader034.vdocuments.mx/reader034/viewer/2022052514/58f9c0331a28abf4388b4569/html5/thumbnails/12.jpg)
Q & A SESSION
![Page 13: Management accountant as an entreprenuer](https://reader034.vdocuments.mx/reader034/viewer/2022052514/58f9c0331a28abf4388b4569/html5/thumbnails/13.jpg)
THANK YOU