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Monitoring and evaluation of achieved results.

Posted: Sun Jan 12, 2025 7:49 am
by Maksudasm
To assess the state of the enterprise and develop a strategy for restructuring the company, management may need the help of consulting firms. To create the necessary action plan, you can use the developments of internal departments specializing in strategic development.

Implementation of restructuring within the framework of the adopted program.

The planned target criteria are clarified and, in case of deviations, the program is adjusted.


The final stage includes monitoring the achievement of target indicators, analysis of the information received and results, and preparation of a final report on the work performed.

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4 typical mistakes in management accounting during restructuring
When a company is restructured, its financial and organizational structures change, which can lead to hidden problems:

Lack of a unified chart of accounts, reference books and accounting policies
When integrating new business areas or companies into your enterprise structure, there is a risk of distorting information about the state of assets and liabilities, income and expenses. If these organizations previously carried out business activities, they brought with them data on contractors, goods and raw materials, which were combined into reference books and databases.

How to proceed:

develop and implement a unified accounting policy;

create and introduce common unified reference books;

apply a single chart of accounts.

If this is not done, each financier will rely only on his own experience. This will make it difficult to automatically determine the volume of accounts receivable and to identify overdue or doubtful debts.

There is no separate accounting of transactions between divisions of the group
The probability of data duplication increases. In most cases, a company with a complex structure has intra-group transactions: divisions sell raw materials, goods, services to each other, provide financial support, exchange assets and perform mutual offsets.

There is no separate accounting of transactions between divisions of the group

Source: shutterstock.com

If clear principles for separate accounting of such transactions are not established during the restructuring of a company, there is a risk of accidental or deliberate omission of this data, which will lead to distortion of the overall information. Therefore, i