AREAS OF

MANAGEMENT
ADVISORY SERVICES
Management consultancy of CPAs
Types of MAS Engagements
Six Dimensions:
a) Nature of the problem
b) Service delivery areas
c) Phase(s) of the analytic process
d) Techniques and methodologies applied
e) Industry (or nature of organization) to which the client belongs, and
f) Geographical area(s) where the engagement take place
A. Nature of the problem
1. Corrective Problem – involves a situation in which conditions have
worsened.
2. Progressive Problem – Involves an existing situation that can be
improved.
3. Opportunistic Problem – Involves a situation in which a future
opportunity exists
B. Service Delivery areas
- Functions or activities in which the problem situation exists may be
classified in a number of ways.
C. Application of The Analytic Process
1. Identifying the Objectives
2. Defining the Problem
3. Finding out the Facts
4. Developing the solution and
5. Implementing the Solution
D. Techniques and Methodologies Applied
- Most engagements can be aided by technical models or
methodologies
E. Industry or Nature of Organization
- A client may be a privately owned business firm, a government
agency or not for profit nongovernmental organization etc.
F. Geographical Areas
- An engagement may be restricted to a single location or multiple
locations
Areas of MAS practice
Management Consulting can relate to areas such as:
• Management function of analysis, planning, organizing, and
controlling
• Introduction of new ideas, concepts and methods to management
• 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, and
• The conduct of special studies, preparation of recommendation
Most-sought after types of consultancy
work
A. Business planning and development or project feasibility studies
B. Information systems consulting
C. Internal audit Services
D. Management Operations Audit
E. Business process improvement/ reengineering
F. others
a.
Traditional Services
■ Management Accounting
Ø Planning
Ø Controlling
Ø Decision-Making
■ Design and Appraisal of Accounting System
1. Development of an accounting system for newly-organized firm
2. Revision, partial or complete, of an existing accounting system
3. Extension of the present accounting system to cover new
business activities
4. Accounting service in general
5. Accounting machines installation
6. Internal control studies and installation
■ Financial Management-Related Services
■ Project Feasibility Studies
Emerging Consultancy Services
 Transaction Services

■ Involves services related to

■ Managing totality of risks-financial, operational and systems, and strategic to improve financial and business
mergers, acquisitions,
Global Risk Management
performance
1. Financial risk management divestitures, joint ventures,
spin-off and strategic alliance
2. Strategic risk management

Solution
3. Operational and systems risk management
4. Compliance risk management
5. Internal audit services
 Project Finance and
Privatization
■ Involves management advisory
services related to partnership
■ CPAs provide financial, economic, and between the public and private
Financial Advisory
strategic advice to companies with sectors in delivering
Services
complex business problems and disputes
infrastructure and services or
privatization and project finance
Transaction Services