scholarly journals Management Accounting Change and the Contemporary Business Environment: An Article Review

2017 ◽  
Vol 04 (01) ◽  
pp. 8-22
Author(s):  
Mohamed Yassin ◽  
Medhat El Guindy
Keyword(s):  
Management Accounting ◽  
Business Environment

scholarly journals An Analysis of the Effects on Application of Management Accounting Information Systems and Quality Management Accounting Information

2015 ◽  
Vol 7 (3) ◽  
pp. 80-92
Author(s):  
Widia Astuty
Keyword(s):  
Information System ◽  
Organizational Culture ◽  
Information Systems ◽  
Information Management ◽  
Management Accounting ◽  
Accounting Information ◽  
Business Environment ◽  
Accounting Information System ◽  
Accounting Information Systems

The study aims to prove empirically; (i) the influence of the business environment for the application of management accounting information systems; (ii) the influence of ethics on the application of management accounting information systems; (iii) the influence of organizational culture on the implementation of management accounting information systems; and (iv) the effect of the application of management accounting information system on the quality of management accounting information. The motivation of this study due to a phenomenon of having an integration on management accounting information system whereby the information generated is not qualified, as well as the uncertainty of business environment, ethics and organizational culture which are yet to have optimal conditions. The method used is explanatory research with a survey approach, using a statistical tool of SEM Partial Linear Regression, with the aim to obtain facts concerning the occurance of phenomena, seek actual and systematic information on the application of management accounting information systems, and the quality of accounting information management. The results showed that all variable of the business environment, ethics, organizational culture affect the application of accounting information management system; and the application of management accounting information system affects the quality of information management accounting.

scholarly journals Theoretical Developments In Environmental Management Accounting And The Role And Importance Of MFCA

2015 ◽  
Vol 7 (1) ◽  
pp. 37-52 ◽  
Author(s):  
Mishelle Doorasamy
Keyword(s):  
Environmental Management ◽  
Management Accounting ◽  
Empirical Studies ◽  
Business Environment ◽  
Management Tool ◽  
Management Decision ◽  
Theoretical Studies ◽  
Company Performance ◽  
Management Decision Making ◽  
Environmental Management Accounting

Abstract Environmental Management Accounting (EMA) is a broader concept of accounting which uses accounting tools and practices to support company-internal management decision making on environmental issues and its impact on company performance. Research on EMA can be divided into two broad categories: theoretical and empirical studies. The theoretical studies based on framework that aim to explain the nature of the relationship between economic and environmental performance and the adoption of Environmental Management Accounting in a business environment. The empirical studies follow two lines of research, instrumental studies aim to empirically test the relationships hypothesized in theoretical studies; descriptive studies are intended to examine the factors that encourage the adoption of EMA. This review paper examined the role of MFCA in identifying non-product output (waste) and its impact on an organisations profitability. Various case studies are examined in this article that demonstrates MFCA to an important environmental management tool to ensure future sustainability of an organisation.

scholarly journals Management Accounting Techniques and Firm Performance of Major Construction Companies in Nigeria

2021 ◽  
Vol 5 (3) ◽  
pp. 73-93
Author(s):  
Chinomso Asikogu ◽  
◽  
Esther Nkatha M`Ithiria ◽  
John Kebaso Omurwa ◽  
◽  
...  
Keyword(s):  
Firm Performance ◽  
Quantitative Research ◽  
Management Accounting ◽  
Target Population ◽  
Time Frame ◽  
Business Environment ◽  
Strategic Analysis ◽  
Activity Based Costing ◽  
Construction Companies ◽  
The Right

To remain competitive, construction companies must continually improve and one way is by use of the right MATs. The adoption of MATs can help organizations to improve their financial performance continually and consequently overall national economic development. This study investigated influence of management accounting techniques on the firm performance of construction companies in Nigeria. The objectives were, to assess firm performance level of construction companies in Nigeria, to examine the influence of activity-based costing (ABC), strategic analysis, and budgeting practices on firm performance. The study used quantitative research design while the target population was all the 35 major construction firms. The sample size was 13 companies. The research used questionnaire to gather data from 170 managers. The study used descriptive statistics and inferential analysis. The study found that ABC, strategic analysis, and budgeting practices had positive relationship with firm performance. The study concludes that the companies employed ABC to improve firm performance. The study concludes that most companies used both internal and external analysis to improve performance. The study concludes that many companies failed to involve all departments during budgeting. The study recommends that companies should increase resources to complete projects within stipulated time frame. The study recommends that the policies should be enhanced by conducting researches and regular evaluation to improve business environment for the realization of improved performance of the construction companies. Key words: Management Accounting Techniques, Activity-Based Costing, Firm Performance, Strategic Analysis, and Budgeting Practices

scholarly journals Perception of the competences of management accounting specialists in the context of changes in the business environment of enterprises

2020 ◽  
Vol 107 (163) ◽  
pp. 39-70
Author(s):  
Marta Kawczyńska
Keyword(s):  
Management Accounting ◽  
Professional Preparation ◽  
Business Environment ◽  
Professional Skills ◽  
Analytical Skills ◽  
Global Trend ◽  
Current Survey ◽  
Personal Qualities ◽  
Comparison Of The Results ◽  
Broad Understanding

The purpose of the paper is to determine the scope of personal qualities and professional skills of man-agement accounting specialists in enterprises in Poland. By comparing the results obtained with the results of an analogous survey from 2015, this paper also aims to present the direction of changes in terms of competences required from controllers in organizations in Poland. To achieve the research ob-jective, a study was conducted using a questionnaire. 143 correctly completed questionnaires were used for the analysis. The results of the study indicate that the most important personal qualities that a man-agement accounting specialist should have include commitment, integrity and objectivity, and analytical skills. Among the requirements for professional preparation, the most important was the knowledge of IT tools, knowledge of management accounting and the broad understanding of business. Comparison of the results of the current survey with the conclusions of the 2015 survey allows to state that changes in the scope of competences of controllers employed in enterprises in Poland largely follow the global trend resulting from the evolution of the organization's business environment.

scholarly journals PENGARUH PENGGUNAAN INFORMASI AKUNTANSI MANAJEMEN TERHADAP KINERJA MANAJER PADA PERUSAHAAN KONTRAKTOR DI KOTA MANADO.

2014 ◽  
Vol 8 (3) ◽  
Author(s):  
Natalia Gladys Tumbel ◽  
Herman Karamoy ◽  
Victorina Z. Tirayoh
Keyword(s):  
Regression Analysis ◽  
Information Management ◽  
Management Accounting ◽  
Linear Regression Analysis ◽  
Accounting Information ◽  
Business Environment ◽  
External Factors ◽  
Simple Linear Regression ◽  
Independent Variable ◽  
The City

Competition increased business today requires companies to enhance existing capabilities as much as possible , in order to excel in competition . To survive in today's competitive business environment , businesses must be able to create conditions that are flexible and innovative business , and businesses need to consider external factors are more difficult to predict . Competitive advantage can be created by the company can be achieved one way , which improves performance because the company is required manajer.Oleh umtuk has advantages over other companies . Manager of the company 's performance is one of the success or failure response company goals . The purpose of this study was to determine the effect of the use of management accounting information to managers on the performance of contractor in the city of Manado . Objects that are examined in this study are contracting companies in the city of Manado the number of samples studied were 30 respondents . The independent variable ( X ) are examined in this study is the management accounting information as well as the dependent variable ( Y ) is the manager 's performance . This study uses a simple linear regression analysis and obtained the equation Y = 13 914 + 0.291 X Results calculated determination coefficient of 0.175 gives the sense that the manager of the company 's performance is affected by factors accounting information management results of this study indicate that management accounting information significantly affect the performance of managers in Contractor companies in the city of Manado.

scholarly journals Conceptual Model of Predictors of SMEs' Performance in the Context of Sudan

2017 ◽  
Vol 3 (2) ◽  
pp. 263-276
Author(s):  
Osman Elsheikh Abdelrahman ◽  
Zarifah Bt Abdullah ◽  
Zakaria Abas
Keyword(s):  
Conceptual Model ◽  
Management Accounting ◽  
Developed Countries ◽  
Business Environment ◽  
Extensive Literature ◽  
And Performance ◽  
The Developed Countries ◽  
Published Research ◽  
Moderating Role

Purpose: SMEs' performance in Sudan is in downturn and calls for research-based solution. To address this, this conceptual study proposes a model entailing management accounting practices (costing, budgeting, and performance measures practices) as predictors of SMEs' performance. Also, research findings on the relationship between management accounting practices and performance are inconsistent.  Given this, this study proposes a model entailing management accounting practices as determinants of SMEs' performance with moderating role of external business environment. Design/methodology/approach: This work is theorized based on extensive literature survey through which a conceptual model is developed and discussed. Inconsistent relationship between management accounting practices and performance is valuated and established via published research. Also, moderating role of external business environment is discussed and validated based on contingency theory. Findings: This paper proposes a conceptual model to serve as an answer to how Sudanese SMEs' performance can be improved through management accounting practices. Research limitations/implications: The proposed model in this work is based on survey of published research, but it can be empirically solidified further through collection and analysis of relevant data. Practical implications: The paper can help SMEs' owners/ managers and policy makers to understand how properly-adopted management accounting practices can improve SMEs' performance. Originality/value: The proposed conceptual framework is an exceptional and all-inclusive model that will expectantly improve the relevant body of literature and serve as useful guide for stakeholders on how the performances of SMEs can be boosted to enable them catch up with the SMEs' performance level of the developed countries in order to boost the economy of Sudan as a nation.

Embracing digitalisation of the profession and practice: MIA’s walking the tech talk

2021 ◽  
pp. 1-27
Author(s):  
Zamzulaila Zakaria ◽  
Zarina Zakaria ◽  
Noor Adwa Sulaiman ◽  
Norizah Mustamil
Keyword(s):  
Significant Role ◽  
Success Factors ◽  
Management Accounting ◽  
Chief Executive ◽  
Business Environment ◽  
Subject Area ◽  
Critical Discussion ◽  
Accounting Profession ◽  
Leadership Management ◽  
Accounting Practitioners

Study level/applicability Undergraduate courses: Auditing, Leadership, Management accounting. Postgraduate courses: Leadership, Management accounting. Subject area Auditing, Leadership, Management accounting Case overview This case documents the journey of a professional accountancy organisation, namely, the Malaysian Institute of Accountants (MIA) and document the MIA’s journey on the establishment of digital blueprint for the accounting profession in Malaysia including some major milestone in innovating audit evidence-gathering technique by introducing e-confirm for auditing bank confirmation in Malaysia. This case highlights the significant role played by a lady chief executive officer (CEO) in embarking into the digitalisation of the accountancy profession and practice in Malaysia. While the ultimate objective of digital blueprint is to transform the accounting and auditing practices in Malaysia, the CEO has led by example by embedding digitalisation within MIA’s practices itself. Expected learning outcomes The learning outcome of this paper are as follows: to develop students’ understanding on the right attitudes, skills and characters that a successful leader should possess in contemporary business environment by focusing on dilemma and stereo-typing faced by women leaders; to develop the students’ understanding on the changes in business environment particularly the rise of digital technology that affecting the ways in which accounting functions in organisations; to encourage students to be aware that technical accounting knowledge is just one of the key success factors in the career of a professional accountant. The case offer insight into accountants’ role in digital environment and the development needed for accounting profession; to demonstrate how auditing process can benefit from the advancement in technology; and to encourage critical discussion on the development of accounting profession in Malaysia. The case aims to develop students’ critical discussion on the roles of MIA as a regulator of accounting profession and to appreciate historical development of accounting profession in Malaysia. The case also aims to encourage students to realise the existence of other professional accounting bodies, accounting practitioners and academic accountants, and together with MIA, they play significant role in shaping the accounting profession in Malaysia. Supplementary materials Teaching notes are available for educators only. Please contact your library to gain login details or email [email protected] to request teaching notes. Social implications The case has a strong implication on the role of effective leaders in ensuring that significant efforts involved in digitalisation journal, a vital need for the accountancy professional to continue to be a relevant profession, is a success. Subject code CSS 1: Accounting and Finance. Keywords Women leadership, Digitalisation, Professional accountancy organisation, Electronic bank confirmation, Malaysia

scholarly journals The impact of integrated information systems on management accounting

2019 ◽  
Vol 24 (1) ◽  
pp. 21-38
Author(s):  
Ivica Pervan ◽  
Ivana Dropulić
Keyword(s):  
Information Systems ◽  
Business Processes ◽  
Management Accounting ◽  
Business Environment ◽  
Special Focus ◽  
Business Analytics ◽  
Accounting Changes ◽  
The Impact ◽  
Integrated Information

The main aim of this study is to analyze how implementation of integrated information systems (IIS) effects management accounting. Findings based on data collected from 108 Croatian firms confirmed that IIS implementation caused significant management accounting changes. Estimated regression models revealed that the most important IIS characteristic were the analytical capabilities since it positively influenced management accounting changes in four dimensions: internal reporting, budgeting, application of modern accounting techniques and management accounting employees’ jobs. The quality of IIS implementation statistically significantly and positively influenced changes related to data collection and internal reporting. In the segment of budgeting, the quality of implementation of specialized budgeting software had significant and positive influence. The only negative correlation found was the one between the uncertainty of business environment and adoption of modern accounting techniques. Findings from this study provide unique insight into effects of IIS implementation in Croatian firms and can be used by different stakeholders. Firms and IIS vendors should put special focus on implementation of business analytics modules in order to achieve comprehensive benefits in management accounting practices. Providers of accountant’s education should consider the fact that contemporary IIS systems’ environment calls for development of additional skills in the area of information technology, business processes and business communication.

scholarly journals Specificity of application of throughput accounting in JIT business environment

2020 ◽  
Vol 9 (17) ◽  
pp. 89-104
Author(s):  
Tatjana Stevanović ◽  
Ljilja Antić ◽  
Amer Rastić
Keyword(s):  
Decision Making ◽  
Performance Management ◽  
Production Management ◽  
Raw Materials ◽  
Management Accounting ◽  
Integrated Approach ◽  
Business Environment ◽  
Limiting Factor ◽  
Accounting System ◽  
The Impact

JIT business system appears as one of the features of the modern dynamic business environment. JIT's production philosophy looks at a complete scheme of business processes, from the procurement of raw materials, through its transformation into components to the finished product that the company places on the market. In doing so, great attention is paid to the control of performance measures such as: time, cost, inventory and quality. Successful management of the company in such conditions requires the collection, measurement, classification, processing and distribution of a mass of diverse information that will be relevant and provide better insight into the strategic and competitive position in the market. In JIT companies, an integrated approach to the use of financial and non-financial information for decision-making is necessary. Changes in the areas of production, management and organization have caused appropriate adjustments in costing systems, in order to effectively and efficiently use all production factors. Consequently, an integrated approach to management accounting, the Throughput Accounting concept, based on the basic principles of Constraint Theory, was adopted. Throughput accounting capabilities in terms of providing information are closely related to short-term decision making and enterprise performance management. In doing so, decisions are made on the basis of throughput per unit of limiting factor. The concept of the paper conceived in this way should contribute to the achievement of the goal related to the research of the impact of the modern business environment on the management of the company and the accounting system, and especially on management accounting.

scholarly journals The Miles and Snow Business Strategy Typology and the Adoption of Management Accounting Practices

2021 ◽  
Vol 16 (2) ◽  
pp. 233-264
Author(s):  
Tuan Zainun Tuan Mat ◽  
◽  
Ammar Syafiq Subri ◽  
Fadzlina Mohd Fahmi ◽  
◽  
...  
Keyword(s):  
Business Strategy ◽  
Management Accounting ◽  
Adaptive Strategy ◽  
Business Environment ◽  
Business Strategies ◽  
Manufacturing Companies ◽  
Crucial Information ◽  
Adoption Level ◽  
Miles And Snow ◽  
A Company

Changes in the business environment requires that a company adopts a more adaptive strategy. A business strategy is not just about planning, but it needs to be supported with meaningful information. Management accounting complements a business strategy by providing crucial information, not just limited to cost efficiency, but customer satisfaction and quality management. However, the adoption of management accounting practices (MAPs) is believed to be influenced by strategy. Using the Miles and Snow (1978) business strategy typology model, this study examined the influence of business strategy on the adoption of MAPs, focusing on how the different types of business strategies used in organizations may influence the adoption of MAPs. Data was collected from manufacturing companies in Malaysia. The result showed that most Malaysian manufacturing companies utilized three major classifications of strategies, i.e., defender, prospector, analyzer, and only a few were classified as reactors. The result showed that the adoption level of both traditional and advanced MAPs is also high. Findings from this study indicated an influence of the defender and analyzer types towards adopting traditional MAPs, whereas the prospector type had influenced the adoption of advanced MAPs. Keywords: management accounting practices, business strategy, defender, prospector, analyzer, reactor

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