Role Of Management Accountant in Project management and accounting.

Management Accountant-an accountant of the future for Governance-Both Corporate world and the Government.
A management accountant is an ideal individual to be a part of Project management team right from the stage of conception till it is delivered to user.
A project now is an activity undertaken to strengthen the existing value for future or create addition in capacity or completely contracted for value with a different end user.What ever it may be a project is to create value and in that each project has a gestation and its benefit starts after completion depending on the demand forecast.A management accoutant possess necessary skill to carry out capital budgeting decision,monitor projects on Cost and time Overrun aspect and ensure its revenue realisation starts in time.
Most of the tool that a management accoutant employs are relevant to project accounting and management.
Large projects would ideally prefer to have management accountant to study project feasibility,fund management,monitoring of project schedule,and after the project starts operation to establish and maintain Cost-management system.