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Presentation On Introduction to Cost & Management Accounting

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1 Presentation On Introduction to Cost & Management Accounting

2 Introduction Accounting and financial reporting practices differ from organization to organization, culture to culture and country to country. Accounting is often described as the “language of business: a means of communicating financial information. Accounting is thus presented to be way of interpreting, measuring and describing the financial outcomes of economic activities.

3 Company Background BEXIMCO CONSUMER PRODUCTS LTD
Company Background BEXIMCO CONSUMER PRODUCTS LTD. introduce itself as a member of BEXIMCO Group of Companies, a leading corporate house in Bangladesh engaged in manufacturing and marketing of pharmaceuticals, toiletries, consumer goods, textiles, spinning, knitting, packaging, printing etc. Our Flagship Company SQUARE PHARMACEUTICALS LTD has already achieved an ISO 9001 certification and holding the top position among all national and multinational pharmaceuticals companies in Bangladesh.

4 Data Analysis Technique The data collection by us was on ‘random sampling’ basis by means of survey made through a questions filled in by 20 (twenty) employees studying in various sectors. It includes the behavior of employees in administration. We also elected commends of our target group about the company by relevant questions Having the answer of the employees and on the questionnaire, we made a generalization of the answers and on basis of that tried to arrive at a conclusion by putting the situation against our overall knowledge about the state of Management Accounting Practices of small-scale industries in Bangladesh.

5 Conclusion From the above decision it can be said that accounting practice operation in Bangladesh is applicable for the company. The important according concepts namely historical cost, going concern, consistency, money measurement presently followed by the company law in the accounting system.

6 Recommendation 1. Employees should undertake educational and training programs at the factory campus enabling the workers to take appropriate steps to promote their health and make better use of the facilities. 2. Women workers need to be trained to be fit for the better salaries sections. 3.Importance and available special transport facilities and hostel for them. 4. To give health insurance for he worker, educational facilities and medical facilities for the workers. 5. For the economic development in the country, it must be taken some step to improve the condition of the economy.

7 Thank You All


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