MyCIMA

management accounts

  • Blog Entry
    07/01/2010 - 12:40pm

    XBRL implementation is gathering pace (see my blog XBRL - more than just a regulatory tool ? ) and alongside I am starting to hear concerns with the way things are progressing.  There are worries about the impact of XBRL on internal management accounting and also concerns linked with the proposed switch to IFRS for SMEs in the UK.  On a positive note, the European Federation of Accountants (FEE) has produced a useful project update on XBRL which is well worth a read.

  • Discussion topic
    11/08/2009 - 4:18pm
    I work as management accountant for a rapidly growing supplier to auto bodyshops.  Management reporting is limited to monthly accounts and occasional ad-hoc reporting.  I am interested in learning about accounting techniques that have been successfully applied in this sector (distribtion in general) by other members.  For example, what kind of performance indicators have proved to be most useful?