AREAS OF MANAGEMENT

ADVISORY SERVICES

Types of MAS Engagements

• Acc. to Nature of the Problem1. Corrective – involves a situation in which

conditions have worsened. It usually arises suddenly and demands urgent action.

2. Progressive – involves a situation that can be improved.

3. Opportunistic – involves a situation in which a future opportunity exists.

Types of MAS Engagements

• Acc. to Service Delivery Areas1. General management2. Manufacturing3. Personnel4. Finance and accounting5. Marketing6. Procurement7. Research and development8. Packaging9. Administration10. International operations

Types of MAS Engagements

• Acc. to Application of the Analytical ProcessThe analytic process in a consulting

engagement includes:

1. Identifying the objectives2. Defining the problem3. Finding out the facts4. Developing the solutions, and5. Implementing the solution.

Areas of MAS Practice The management functions of analysis, planning, organizing and

controlling.

The introduction of new ideas, concepts and methods to management.

The improvement of policies, procedures, systems, methods and organizational relationships.

The application and use of managerial accounting, control systems, data processing, and mathematical techniques and methods.

The conduct of special studies, preparation or recommendation.

Types of Consultancy Work1. Business planning and development or project feasibility

studies2. Information systems consulting3. Management/operations audit4. Business process improvement/reengineering5. Others, such as:

a. Marketing researchb. Marketing strategy developmentc. Developing promotional campaignd. Planning sales force activitye. New product developmentf. Developing proposal for financial supportg. Staff recruitmenth. Exporting and international market

Management Consultancy Services by CPAs

A. Traditional Services1. Managerial Accounting2. Design and appraisal of accounting

system3. Financial Management-related services4. Project Feasibility Studies

Management Consultancy Services by CPAs

B. Emerging Consultancy Services1. Global Risk Management Solution

a. Financial risk managementb. Strategic risk managementc. Operational and systems risk managementd. Compliance risk managemente. Internal audit services

2. Transaction Services3. Financial Advisory Services

Management Consultancy Services by CPAs

2. Transaction Services3. Financial Advisory Services4. Project Finance and Privatization5. Valuation Services6. Business Recovery Services7. Dispute Analysis and Investigation8. Computer Risk Management9. Application Software Selection and

Implementation

Criteria in Determining the Scope of Service

1. Responsibility to establish scope of service2. Independence3. Competence4. Requirements for specialization5. Identification and resolution of client’s

basic problems6. Referrals7. Code of professional ethics