{"id":753,"date":"2025-01-12T08:42:24","date_gmt":"2025-01-12T07:42:24","guid":{"rendered":"https:\/\/epmanagement.pl\/portfolio\/implementation-of-management-accounting\/"},"modified":"2025-03-13T15:00:49","modified_gmt":"2025-03-13T14:00:49","slug":"implementation-of-management-accounting","status":"publish","type":"page","link":"https:\/\/epmanagement.pl\/en\/portfolio\/implementation-of-management-accounting\/","title":{"rendered":"Implementation of management accounting"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"753\" class=\"elementor elementor-753\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-119dc1d9 e-flex e-con-boxed e-con e-parent\" data-id=\"119dc1d9\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3329a099 e-flex e-con-boxed e-con e-parent\" data-id=\"3329a099\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-28ee2b99 e-con-full e-flex e-con e-child\" data-id=\"28ee2b99\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-40c3c27c e-con-full e-flex e-con e-child\" data-id=\"40c3c27c\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1b778f9c elementor-widget elementor-widget-heading\" data-id=\"1b778f9c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The problem in the company: Lack of control over project finances and profitability<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-580052ab elementor-widget elementor-widget-text-editor\" data-id=\"580052ab\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tThe company\u2019s rapid growth exposed significant financial and project management challenges:\n<ul>\n \t<li><strong>Lack of visibility into individual project profitability<\/strong>, making it difficult to decide whether to continue or scale back certain initiatives.<\/li>\n \t<li><strong>Recurring liquidity problems<\/strong>, resulting in difficulties covering current liabilities.<\/li>\n \t<li><strong>Opaque fixed cost structure<\/strong>, preventing effective control and optimization.<\/li>\n<\/ul>\nThese issues limited the company\u2019s growth potential and created unnecessary financial risks.\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f5b3973 elementor-widget elementor-widget-heading\" data-id=\"f5b3973\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Solution: Comprehensive implementation of management accounting in a service company<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6f08b7d elementor-widget elementor-widget-text-editor\" data-id=\"6f08b7d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tThe company decided to partner with an expert who implemented effective financial management tools and improved control over project profitability. The objective was to increase financial transparency, improve liquidity, and reduce the burden on management in daily decision-making.\n\n<strong>Implementation stages:<\/strong>\n<ol>\n \t<li><strong>Diagnosis and problem analysis<\/strong>\n<ul>\n \t<li>A financial and project management audit revealed a lack of oversight over project profitability and the absence of tools to monitor cash flows and key financial indicators.<\/li>\n<\/ul>\n<\/li>\n \t<li><strong>Action plan and changes implementation<\/strong>\n<ul>\n \t<li><strong>Revenue and cost segmentation<\/strong> \u2013 Revenues and fixed costs were categorized, allowing the identification of the most profitable areas of the business.<\/li>\n \t<li><strong>Financial management tools<\/strong> \u2013 A system was developed to monitor key financial data (revenues, costs, EBIT, net profit) broken down by month.<\/li>\n \t<li><strong>Project profitability control system<\/strong> \u2013 Tools were created for ongoing monitoring of costs and margins for each project, enabling rapid detection of discrepancies.<\/li>\n \t<li><strong>Cash flow management system<\/strong> \u2013 Allowed real-time control and planning of receivables and payables, improving financial liquidity.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4db6fe1 elementor-widget elementor-widget-heading\" data-id=\"4db6fe1\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Effects of implementing management accounting in a company<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cfa6cfc elementor-widget elementor-widget-text-editor\" data-id=\"cfa6cfc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\u2705 <strong>Improved project profitability<\/strong> \u2013 Ongoing budget and cost control allowed for quick identification and elimination of inefficient activities.\n\n\u2705 <strong>Optimized fixed costs<\/strong> \u2013 Clear cost allocation enabled better cost management and more accurate offer pricing, resulting in higher margins.\n\n\u2705 <strong>Enhanced financial management<\/strong> \u2013 Monthly management meetings based on reliable financial data led to more informed strategic and operational decisions.\n\n\u2705 <strong>Identified best practices<\/strong> \u2013 Project analysis highlighted which managers delivered the best results, enabling the organization to adopt effective practices company-wide.\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1e8cde2 elementor-widget elementor-widget-heading\" data-id=\"1e8cde2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Why is management accounting crucial?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3f6fa8b elementor-widget elementor-widget-text-editor\" data-id=\"3f6fa8b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tResearch shows that <strong>loss of financial liquidity<\/strong> is one of the main causes of business failures. Without the right tools to monitor finances and profitability, it becomes nearly impossible to make informed decisions, leaving the company vulnerable to risks. Implementing management accounting not only helps address current issues, but also <strong>enables you to plan for growth based on real data<\/strong>.\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0522984 elementor-widget elementor-widget-heading\" data-id=\"0522984\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Your business can run more efficiently too - management accounting in the company<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a8166e9 elementor-widget elementor-widget-text-editor\" data-id=\"a8166e9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tIf your company lacks financial transparency and controlling projects and costs is a challenge, <strong>Mariusz Prusiel can help you regain control over your finances and increase your business\u2019s profitability<\/strong>.\n\n\ud83d\udcde <strong>Contact me today to see how implementing management accounting can improve your company\u2019s results.<\/strong>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-33344b98 e-con-full e-flex e-con e-child\" data-id=\"33344b98\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-f0ad5ae e-flex e-con-boxed e-con e-child\" data-id=\"f0ad5ae\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4d74547 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"4d74547\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Industry :<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1ef56d35 elementor-widget elementor-widget-text-editor\" data-id=\"1ef56d35\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Design services<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-73c3fa5d e-flex e-con-boxed e-con e-child\" data-id=\"73c3fa5d\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5d0cb726 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"5d0cb726\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Number of employees : <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-32e3a87a elementor-widget elementor-widget-text-editor\" data-id=\"32e3a87a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>~60 people<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-46de37cd e-flex e-con-boxed e-con e-child\" data-id=\"46de37cd\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-42bc4ed5 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"42bc4ed5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Duration :<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-72ab8fe2 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"72ab8fe2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>6 months<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6320d60 e-flex e-con-boxed e-con e-parent\" data-id=\"6320d60\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-5f8e8ae e-con-full e-flex e-con e-child\" data-id=\"5f8e8ae\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-2252f23 e-con-full e-flex e-con e-child\" data-id=\"2252f23\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f293f71 elementor-widget elementor-widget-heading\" data-id=\"f293f71\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Contact me<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2eca4df elementor-widget__width-initial elementor-widget-mobile__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"2eca4df\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Do you need support in project management, finances, processes or preparing your company for growth? Write, call or leave a message &#8211; together we will find a solution.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0ab0fda e-con-full e-flex e-con e-child\" data-id=\"0ab0fda\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-fb28afb e-con-full e-flex e-con e-child\" data-id=\"fb28afb\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-13cbe3c e-con-full elementor-hidden-tablet elementor-hidden-mobile e-flex e-con e-child\" data-id=\"13cbe3c\" data-element_type=\"container\" data-settings=\"{&quot;position&quot;:&quot;absolute&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4478c35 elementor-widget elementor-widget-spacer\" data-id=\"4478c35\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5070740 e-con-full elementor-hidden-tablet elementor-hidden-mobile e-flex e-con e-child\" data-id=\"5070740\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2f94267 elementor-widget elementor-widget-image\" data-id=\"2f94267\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"465\" height=\"465\" src=\"https:\/\/epmanagement.pl\/wp-content\/uploads\/2024\/12\/Mariusz_Prusiel_konsultant.jpg\" class=\"attachment-full size-full wp-image-267\" alt=\"\" srcset=\"https:\/\/epmanagement.pl\/wp-content\/uploads\/2024\/12\/Mariusz_Prusiel_konsultant.jpg 465w, https:\/\/epmanagement.pl\/wp-content\/uploads\/2024\/12\/Mariusz_Prusiel_konsultant-300x300.jpg 300w, https:\/\/epmanagement.pl\/wp-content\/uploads\/2024\/12\/Mariusz_Prusiel_konsultant-150x150.jpg 150w\" sizes=\"(max-width: 465px) 100vw, 465px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c0022d7 e-con-full elementor-hidden-tablet elementor-hidden-mobile e-flex e-con e-child\" data-id=\"c0022d7\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-df529e6 elementor-absolute elementor-widget elementor-widget-heading\" data-id=\"df529e6\" data-element_type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><a href=\"tel:+48508444979\">+48 508 444 979<\/a><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b62aad5 e-con-full e-flex e-con e-child\" data-id=\"b62aad5\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-930209f elementor-widget elementor-widget-template\" data-id=\"930209f\" data-element_type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"container\" data-elementor-id=\"1128\" class=\"elementor elementor-1128\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1f84927 e-flex e-con-boxed e-con e-parent\" data-id=\"1f84927\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c695c48 elementor-widget__width-initial elementor-button-align-stretch elementor-widget elementor-widget-form\" data-id=\"c695c48\" data-element_type=\"widget\" data-settings=\"{&quot;step_next_label&quot;:&quot;Nast\\u0119pny&quot;,&quot;step_previous_label&quot;:&quot;Poprzedni&quot;,&quot;button_width&quot;:&quot;100&quot;,&quot;step_type&quot;:&quot;number_text&quot;,&quot;step_icon_shape&quot;:&quot;circle&quot;}\" data-widget_type=\"form.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<form class=\"elementor-form\" method=\"post\" name=\"Nowy formularz\">\n\t\t\t<input type=\"hidden\" name=\"post_id\" value=\"1128\"\/>\n\t\t\t<input type=\"hidden\" name=\"form_id\" value=\"c695c48\"\/>\n\t\t\t<input type=\"hidden\" name=\"referer_title\" value=\"Business consulting - Mariusz Prusiel konsultant biznesowy\" \/>\n\n\t\t\t\t\t\t\t<input type=\"hidden\" name=\"queried_id\" value=\"731\"\/>\n\t\t\t\n\t\t\t<div class=\"elementor-form-fields-wrapper elementor-labels-above\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-text elementor-field-group elementor-column elementor-field-group-name elementor-col-100 elementor-field-required\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<input size=\"1\" type=\"text\" name=\"form_fields[name]\" id=\"form-field-name\" class=\"elementor-field elementor-size-sm  elementor-field-textual\" placeholder=\"Name\" required=\"required\" aria-required=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-email elementor-field-group elementor-column elementor-field-group-email elementor-col-100 elementor-field-required\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<input size=\"1\" type=\"email\" name=\"form_fields[email]\" id=\"form-field-email\" class=\"elementor-field elementor-size-sm  elementor-field-textual\" placeholder=\"E-mail address\" required=\"required\" aria-required=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-tel elementor-field-group elementor-column elementor-field-group-field_80ac948 elementor-col-100 elementor-field-required\">\n\t\t\t\t\t\t\t<input size=\"1\" type=\"tel\" name=\"form_fields[field_80ac948]\" id=\"form-field-field_80ac948\" class=\"elementor-field elementor-size-sm  elementor-field-textual\" placeholder=\"Phone number\" required=\"required\" aria-required=\"true\" pattern=\"[0-9()#&amp;+*-=.]+\" title=\"Only numbers and phone characters (#, -, *, etc) are accepted.\">\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-textarea elementor-field-group elementor-column elementor-field-group-message elementor-col-100\">\n\t\t\t\t\t<textarea class=\"elementor-field-textual elementor-field  elementor-size-sm\" name=\"form_fields[message]\" id=\"form-field-message\" rows=\"4\" placeholder=\"Describe your need...\"><\/textarea>\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-acceptance elementor-field-group elementor-column elementor-field-group-field_7e71766 elementor-col-100 elementor-field-required\">\n\t\t\t\t\t\t\t<div class=\"elementor-field-subgroup\">\n\t\t\t<span class=\"elementor-field-option\">\n\t\t\t\t<input type=\"checkbox\" name=\"form_fields[field_7e71766]\" id=\"form-field-field_7e71766\" class=\"elementor-field elementor-size-sm  elementor-acceptance-field\" required=\"required\" aria-required=\"true\">\n\t\t\t\t<label for=\"form-field-field_7e71766\">I agree to be contacted by phone or email to respond to my inquiry and to send me information about offers and services. 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