Managerial Accounting

1. Ethics
•Managerial Accounting
•M Ghani
•MBA

2. Accounting
• Accounting is essential to all businesses.
• Financial position.
• Financial health report with the public.
• Accounting
Checks, maintains, and reveals the financial health of a business and
its operations.
• Professionals
Financial accounting and managerial accounting.

3. DIFFERENCES
Financial accounting
• Stockholders.
• Creditors.
• Lenders.
• Other external publics such as
investors, attorneys, analysts,
potential investors and other
interested parties.
Managerial accounting
• Internal purposes.
• Managers.
• Directors.
• Employees.

4. Conti…
• Present oriented.
• Past performance.
• Public record.
• Follow set procedures.
• Help in credit ratings.
• Entire organization.
• Annual or quarterly basis.
• Future oriented.
• Continual basis.
• Confidential.
• Do not have to follow.
• Do not help.
• Individual departments.
• Frequently, often as daily.

5. ETHICAL CONCERNS ABOUT MANAGERIAL
ACCOUNTING
• 1. Competence.
• 2. Confidentiality.
• 3. Integrity.
• 4. Credibility.

6. Competence
• T he ability to do something successfully or efficiently.
• Wrong information.
• Wrong financial information.
• Corporation true picture.

7. Confidentiality
• The state of keeping or being kept secret or private.
• Absolute Confidentiality.
• Who should be privy to the information.
• How for does their authorized jurisdiction extended.

8. Integrity
• The quality of being honest and having strong moral principles.
• Accurate numbers.
• Without tailoring figures for ulterior motives.
• Giving credit to the right entities.

9. Credibility
• The quality of being trusted and believed in.
• Complete information.
• Relevant information.
• Decision makers.

10. Conclusion
• Corporation dependent on managerial accounting for providing true
state of operations such as
• Purchasing trends
• Inventory quality level
• Expected cost for supplies and
• Production labor.

11. Conti…
• Unethical managerial accounting could result in
• Stock out,
• Delivery delays,
• Production stoppages and
• Wastages.
• Credit
• Keeron Sreyoshi Ghose