Management Accountancy Systems for Internal Decision-Making and Controls

Term 2, 2019
Managerial Accounting – HI 5017
Submitted By
Name:_________________________
Student No.___________________________

Abstract
This report is an attempt to understand how Multinational organizations worldwide use the
concepts of Management Accountancy Systems for their internal decision-making and
controls. The concepts of Management Accountancy Systems are used by management at
all levels in their operational, tactical and strategical decision. These concepts vary from
Just In Time (JIT), Balanced Scorecard (BSC), Activity Based Costing (ABC), Standard
Costing, Benchmarking, etc. all of which generates internal reports for the use of
management.
The report attempts to evaluate how two different organizations implemented and used
Management Accountancy Systems for effective decision-making and better internal
controls. The learning’s from two case studies are documented for use by Management
Accountants in their professional life and understand the process for implementing the
concepts of Management Accountancy Systems in the organizations.

Table of Contents
Sl No. Topics Page No.
1 Introduction 1
2 Types of management accounting methods 1
3 Relevance of MAS in Contemporary Organization 2-3
3.a. Evidence from current case company 2
3.b. Comparison with other journal article 2
4 Relevance of MAS in business environment 3
5 Specific outcomes or lessons from two case studies 3
6 Conclusion 12
References