The above analysis and decision for the accounting theory practices is the perfect example. In this example for the manufacturing company account it is necessary to hire or take advice form the account expert as if the company grows then it is not easy to handle all the distribution, sales and production departments. The family and manager both will have the accurate financial statement and the time will reduce to enhance the work or increase the profitability. The report should reflect area of responsibility, incorporate reporting levels appropriate to the organizational structure, information reported should be appropriate to that management level, be clear and understandable, be timely and be aware of manager’s likely reaction; i.e. avoid an over aggressive style. Thus this report will help the executives of the manufacturing company to take the further decision accordingly.