SME in Reviving Economy.... and role of Management Accountants to revivify SME catergory business. (pakistan)

1. SMALL & MEDIUM ENTERPRISE (SME) Presenter: Aamir Ali Stage III Institute of Cost & Management Accountants of Pakistan

6. SME & EMPLOYMENT

7. SME: GDP & EXPORTS GLOBAL BANGLADESH PAKISTAN COUNTRY 40 - 50 30 40 % OF GDP -- 55 25 % OF EXPORTS

15. COST REDUCTION APPROACHES MANAGEMENT ACCOUNTANT’S TRADITIONAL Reduce Unnecessary Process from Production Reduce Parts of Production Reduce Inefficiencies Hire Cheap Labor Effective Utilization of Material Use of Sub-standard Material Accounting Fixed Cost and Capacity Determination No Such Concept Effective Pricing Strategy Not as Efficient as Management Accountants can do