The
management accounting function of a bank in conjunction, need to apply
competitive bank management skills in order to remain competitive in
their industry and maximize profits that may enhance competitiveness to
adapting to analyzing bank performance and establishing profitability
and risks; managing interest rate risks; managing the cost of funds,
bank capital and liquidity; managing credit given to customers and
managing the investment portfolio.
Banks uses the management
accounting information to improve towards achieving the organizational
goal and objectives; and to control over its expenditure. It is
effective in minimizing cost, enhancing profitability, curtails overhead
cost and recovers non-performing loans, and beef-up shareholders fund.
Banks uses the management
accounting information to improve towards achieving the organizational
goal and objectives; and to control over its expenditure. It is
effective in minimizing cost, enhancing profitability, curtails overhead
cost and recovers non-performing loans, and beef-up shareholders fund.
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