The document discusses managerial accounting information systems. It acknowledges those who helped with the project and thanks Allah. It provides an abstract that accounting identifies, records, and communicates relevant and reliable information to users. Management accounting differs from financial accounting in its users. The document includes sections on introduction and scope, management accounting, functions and goals of management accounting, benefits and limitations. It concludes that applying an accounting system, including management accounting, can help enterprises achieve objectives by providing useful information. It provides references used.

1. Preapred by:- Hassan, Shahryar,
Sajjad , Zohaib
#37,36,33,25
Managerial accounting
information system

2. ACKNOWLEDGMENT
First of all we would like to thank the
Almighty Allah for giving us the strength and
the aptitude to complete this project within due
date.
we are deeply indebted to
our course teacher Prof. Billal shb for
assigning us such as interesting topic ‘’
comprehensive report on managerial
accounting information system ‘’.
We also express the depth
of our appreciation to our honorable course

3. ABSTRACT
 Accounting as a scientific discipline, identifies, records and
communicates information that is relevant, reliable and
comparable to decisions by the user.
 Management accounting differs from
financial accounting mainly regarding users. Managerial
accounting information needed for internal users, while
financial accounting information users external addresses.
 The objectives of management accounting
related to meeting the objectives of the Organization.
Accounting Management helps an organization to make
decisions, control, planning and reporting of more qualitative
information. Competition, increased services and information
technology advances are key factors that have contributed to
greater practice of management accounting in the enterprise.
This means active participation of management accountants in

4. Table of contents
INTRODUCTION TO THE
ISSUE
CONCLUSION
RECOMMENDATIONS
REFERENCES
ANNEXES
.

5. INTRODUCTION , SCOPE & history
 Starting since 1494, for the development of dual
accounting principles as science which relates to
the development of society, gave great
contribution Luke Paciolo Italian. Since that
time, but even today, many scientists are trying
to give a full accounting definition. Thus, in 1940,
the
AICPA (American Institute of Certified Public
Accounts), define accounting as
"the art of recording, classification and in a
meaningful summary of the monetary value
of the transactions,
which are partly financial character and

6. . Accounting as a scientific discipline focuses on
several key steps,
such as:
 - Identification and measurement of
information,
 - Registration of information and Matu
identified in the accounting books,
 - Reporting of results and their analysis
needs inside users and outsiders.
So accounting systems are the master itself and
are designed to assist in meeting human. There
are several types of accounting, such as
financial accounting, management accounting,

7. Management Accounting
 Management accounting is concerned with
the provision of information to people
within the organization to help them make
better decisions and improve the
efficiency and effectiveness of existing
operations.
 It is concerned with identifying, presenting
and interpreting information to assist
management in the formulation of policies
and in the planning and control of
operations of the business.

8. Functions
 Furnishing relevant and vital data
 Compilation of data in suitable form
 Analysis and interpretation
 Planning
 Decision making

9. Goals of management accounting
 Accounting for Management adds value to an organization,
taking into account the following three main objectives:-
 • By providing information for decision making and
active participation of planning through the
 management team.
 • Assist managers in managing operational control
activities. So, the management team should always
have information on operational needs customers,
managers and team management and control flows
should compare the actual cost of their impact on the
Budget of the firm.
 • Motivation of managers and other employees to meet
company goals. Although often happens that personal
goals are at odds with those of the organization, but
one of the objectives of management accounting is to
motivate managers and employees in achieving the
goal more efficient organization.

10. benefits
i) It helps in having complete record of business transactions.
ii) It gives information about the profit or loss made by the
business at the
close of a year and its financial conditions. The basic function
of
accounting is to supply meaningful information about the
financial
activities of the business to the owners and the managers.
iii) It provides useful information form making economic
decisions,
iv) It facilitates comparative study of current year’s profit, sales,
expenses
etc., with those of the previous years.
v) It supplies information useful in judging the management’s
ability to
utilise enterprise resources effectively in achieving primary
enterprise
goals.

11. limitations
i) Accounting is historical in nature: It does not reflect the current financial
position or worth of a business.
Ii ) Facts recorded in financial statements are greatly influenced by
accounting conventions and personal judgements of the Accountant or
Management. Valuation of inventory, provision for doubtful debts and
assumption about useful life of an asset may, therefore, differ from one
business house to another.
iii) Accounting principles are not static or unchanging-alternative
accounting procedures are often equally acceptable. Therefore,
accounting statements do not always present comparable data
iv) Cost concept is found in accounting. Price changes are not considered.
Money value is bound to change often from time to time. This is a
strong limitation of accounting.
v) Accounting statements do not show the impact of inflation.
vi) The accounting statements do not reflect those increase in net asset
values that are not considered realized.

12. CONCLUSION
 As a result of this piece of research we came to the
conclusion that the application of an accounting system in the
enterprise, depending on its size, is mandatory, especially in
today's conditions of globalization, strong competition and the
application of new information technologies. If an enterprise
wants to be part of this competition and achieve profit
maximization must apply the accounting system and not only
with books but also through the computer. Given the scope of
the paper, we focused more on the application of
management accounting, accounting which mainly be used
by manufacturing and service. With the help of information
provided by managerial accountants, the enterprise can more
easily achieve its objectives. But this is achieved when the
accountants are professional, have the ability to access
analysis, to understand the data from the accounting system

13. REFERENCEs
1. Ahmad, Skender, "Accounting for
Management", University Illyria, Pristina,
2008.
2. Dhamo Sotiraq, "Financial Accounting",
University of Tirana, Tirana, 1998.
3. Don Hansen & Maryanne Moeen, "Cost
Management, Accounting and Control,"
University of Arizona, USA, 2008.
4. Kermit, Wild, CHIAPPETTA, "Accounting
Principle", USA, 2004.