scholarly journals Frame Value of Strategic Management Accounting Based on The Balance of Tri Kaya Parisudha

2016 ◽  
Vol 1 (1) ◽  
pp. 66-75
Author(s):  
Made Susilawati ◽  
Unti Ludigdo ◽  
Gugus Irianto ◽  
Zaki Baridwan
Keyword(s):  
Strategic Management ◽  
Management Accounting ◽  
Jel Classification ◽  
Strategic Thinking ◽  
Story Line ◽  
Strategic Management Accounting ◽  
Core Category ◽  
Mind Control ◽  
Paper Review ◽  
Analyze Data

Objective - Hinduism presupposes all life activities. This includes Strategic Management Accounting (SMA) which could maintain life's equilibrium by practising the goal of life suggested by the Tri Kaya Parisudha (TKP). In general, SMA does not have a framework of reference for accountants to manage functions and to contribute to decision making. In that regard, this paper aims to develop a frame value for SMA based on the cooperatives noted in the Hindu orientation of the TKP. Methodology/Technique - The method employed to analyze data is the combined development of grounded theory(GT) and intersubjective analysis. The frame value for SMA consists of three elements of manacika(center of strategic thinking) followed by wacika and kayikaas noted in the dharma of the TKP. Findings - The findings show that the synergy of the framework is based on mind control (manacika) which impacts on wacika and kayika in SMA. This synergy impacts on the equilibrium between materials (sekala) and non-materials (niskala) in the dharma for the purpose of reaching the goal synergy. Novelty - The combination of the intersubjective approach and the GT approach helps to uncover the correlation patterns of the core category noted in the establishment of the SMA's value framework. This is derived from the TKP's equilibrium through the story line. Type of Paper Review Keywords: Internalization, Life Equilibrium, Goals Synergy, System, Dharma. JEL Classification: M41, P25.

STRATEGIC MANAGEMENT ACCOUNTING – A MESSIAH FOR MANAGEMENT ACCOUNTING?

2011 ◽  
Vol 01 (04) ◽  
pp. 01-07
Author(s):  
Haider Shah ◽  
Ali Malik ◽  
Muhammad Shaukat Malik
Keyword(s):  
Decision Making ◽  
Strategic Management ◽  
Management Accounting ◽  
Second World War ◽  
Strategic Thinking ◽  
World War ◽  
Traditional Management ◽  
Strategic Management Accounting ◽  
Second World ◽  
Advanced Version

When management accounting was introduced as an advanced version of cost accounting after second world war its early advocates had claimed that it would make accounting more useful in assisting managers in their decision making function. As the discipline has failed to live up to the promise now strategic management accounting has been presented as a messiah for the discipline of accounting. New promises have been made that while the traditional management accounting failed to make use of strategic thinking and other qualitative aspects of management the new discipline is likely to make accounting more relevant and important for managers. The empirical evidence on successful diffusion of strategic management accounting is still not overwhelming. It is therefore yet to be seen if strategic management accounting can live up to its promise in future or not.

scholarly journals METHODOLOGICAL BASIS OF FORMATION OF STRATEGIC MANAGEMENT ACCOUNTING IN IT-CLUSTER

2021 ◽  
Vol 4 (39) ◽  
pp. 149-155
Author(s):  
O. Vysochan ◽  
V. Hyk ◽  
O. Vysochan ◽  
A. Yasinska
Keyword(s):  
Strategic Management ◽  
Swot Analysis ◽  
Management Accounting ◽  
Information Source ◽  
Jel Classification ◽  
City Council ◽  
Accounting System ◽  
Business Services ◽  
Methodological Basis ◽  
Strategic Management Accounting

Abstract. The necessity of development of the conceptual basis of formation of the accounting information in strategic management of IT-cluster is substantiated. On the basis of the system approach the concept of the account is formed: the place of the account in information system of strategic management is defined; specified and structured basic elements (purpose, tasks, functions, subjects, methods, tools), which form the methodological basis of modern management accounting theory. The study of the structure of strategic management was conducted on the example of the Lviv cluster of information technology and business services (Lviv IT-cluster), which operates as an association of IT companies, Lviv City Council and educational institutions. It is established that the object of management is the joint activities of independent interacting economic entities, each of which in an integrated structure performs its functions. It is established that strategic management accounting provides coordination of interaction of its participants and serves as an information base for development of long-term strategy of development in IT-cluster. It is determined that the introduction of strategic management accounting in the cluster will solve the problem of forecasting and planning the activities of the association as a whole and its individual members. The list of methods and tools of strategic management accounting in the cluster grouped by the authors allows to consider this accounting system not only as an information source of decision-making, but as a tool resource for strategy support. It is determined that the key tools of management accounting in the IT-cluster are SWOT-analysis, a system of balanced scores, benchmarking and budgeting. Keywords: management accounting, strategy, integrated structures, cluster. JEL Classification М41, L24, O32 Formulas: 0; fig.: 2; tabl.: 1; bibl.: 10.

Developing the adaptive process-based budgeting through TD-ABC and TD-ABB as part of strategic management accounting

2020 ◽  
Vol 23 (10) ◽  
pp. 1182-1194
Author(s):  
A.A. Akhmetzyanov ◽  
A.Yu. Sokolov
Keyword(s):  
Strategic Management ◽  
Cost Allocation ◽  
Management Accounting ◽  
Practical Significance ◽  
Common Time ◽  
Strategic Management Accounting ◽  
Scientific Papers ◽  
The Subject ◽  
The Common ◽  
The Cost

Subject. The article focuses on the advanced time-driven tools for allocating overhead expenses, which are based on process-based budgeting. Objectives. We articulate a technique for cost allocation so as to assess the cost of each process with reference to the common time driver. Methods. The study relies upon methods of systematization, classification, analogy and comparison, and summarizes the scientific literature on the subject. Results. The article presents our own suggestions on implementing TD-ABC and TD-ABB into the strategic management accounting process of developer companies. The principles were proved to help more effectively allocate overhead expenses and assess the capacity load of each process performed by functions, departments and employees. Carrying out a comparative analysis, we found certain reserves for utilizing resources more effectively. Conclusions and Relevance. The findings are of scientific and practical significance and can be used by developer and construction businesses. The conclusions can prove helpful for scientific papers, student books, and further research.

Strategic Management Accounting – Overview of Current Problems and Perspectives

2019 ◽  
Vol 11 (1) ◽  
Author(s):  
Mariya Pavlova ◽  
◽  
◽  
Keyword(s):  
Strategic Management ◽  
Recent Literature ◽  
Management Accounting ◽  
Current Work ◽  
Traditional Management ◽  
Strategic Management Accounting

Strategic management accounting is considered a fast developing scientific sphere, part of the traditional management accounting. However, recent literature has increasingly criticized various aspects of strategic management accounting. Therefore, the aim of the current work is to identify the reasons behind these critics and propose ways to overcome them.

Sign in / Sign up

Export Citation Format

Share Document