Is there a structured management accounting
system in place?
Are budgets regularly prepared?
How does
the budgeting system work?
What sorts of budgets are generated?
Is participative budgeting in place?
How
are variances identified and analysed?
Is the budgeting system effective?
What sort of costing structure is in
operation?
Does the organisation use ABC?
If not, might this be helpful? Is
break-even analysis undertaken?
Can you estimate the break-even point (BEP)
for key products/services?
How are prices calculated?
How well is management accounting
information disseminated and communicated in order to manage resources
effectively?
Do employees have access to the information
needed for them to perform their jobs effectively?
Is
accounting and finance software utilised? If so, is this successful and
effective?
Have management accounting changes occurred
in the recent past? Are there any in the pipeline?
How successful do you think the management
accounting system is overall?
How might it be improved?
