The Role of a Management Accounting System in the Decision-Making Process: Evidence from a Post-Transition Economy

2015 ◽  
Vol 26 (1) ◽  
Author(s):  
Marjan Odar ◽  
Slavka Kavčič ◽  
Mateja Jerman
Keyword(s):  
Decision Making ◽  
Transition Economy ◽  
Management Accounting ◽  
Decision Making Process ◽  
Accounting System ◽  
Management Accounting System

scholarly journals Interrelation of management accounting and internal control systems

2021 ◽  
pp. 176-182
Author(s):  
Vera V. Krainova Krainova
Keyword(s):  
Internal Control ◽  
Management Accounting ◽  
Information Support ◽  
Accounting System ◽  
Model Of Management ◽  
Definition Of ◽  
Control And Management ◽  
The Relationship ◽  
Management Accounting System

The article substantiates the relationship between internal control and management accounting. In the course of the substantiation, the content of the definition of "management accounting" is specified in the context of the study of the role of the management accounting system in the information support of internal control; on the example of shipping companies, the information of management accounting for the purposes of internal control is systematized. A conceptual model of management accounting is constructed, the system-forming elements of the management accounting system are identified and clarified, each of which has control elements "embedded" in it.

Formation of Indicators in the Management Accounting System for Assessing the Sustainable Development of Companies (for Example, the Automotive Industry)

Auditor ◽  
2021 ◽  
pp. 22-29
Author(s):  
Svyetlana Grishkina ◽  
K. Chestnova
Keyword(s):  
Sustainable Development ◽  
Automotive Industry ◽  
Management Accounting ◽  
Accounting System ◽  
Financial Indicators ◽  
The Sustainable Development ◽  
Management Accounting System

The article shows the role of an effi ciently organized management accounting system in achieving sustainable development of companies in the automotive industry, substantiates the feasibility of forming fi nancial and non-financial indicators in the management accounting system for assessing sustainable development, and also updates the system of indicators corresponding to the specifi cs of the industry and modern trends in its development.

scholarly journals The changing role of management accounting systems towards value creation

2008 ◽  
Vol 2 (1) ◽  
pp. 7-30 ◽  
Author(s):  
Edita Gimžauskienė ◽  
Loreta Valančienė
Keyword(s):  
Value Creation ◽  
Balanced Scorecard ◽  
Management Accounting ◽  
Accounting System ◽  
Activity Based Costing ◽  
Modern Management ◽  
Implementation Level ◽  
Changing Role ◽  
Management Accounting System

Value concepts with a multi-stakeholder approach in the management accounting field are the subject of recent interest. The most popular management accounting conceptions, namely, activity-based costing (management) and balanced scorecard, reveal how the changed management accounting role integrates a focus on three key stakeholder groups: employees, customers and shareholders. Built on previous management accounting studies, this article explores when the management accounting system ensures value creation. The relationship between value creation and the management accounting system were disclosed using the multistakeholder theoretical approach. Research methods adopted in this study are empirical survey and empirical field study. The implementation level of modern management accounting conceptions was analysed using quantitative data (survey). Deeper analysis was performed in a Lithuanian organisation disclosing relationships between value creation and the implementation level of management accounting conceptions (case study). The results of the research revealed that modern management accounting conceptions might be a precondition for the changing role of management accounting but it depends on the implementation level and the organisation’s ability to manage all capacities of these conceptions.

scholarly journals INFORMASI AKUNTANSI UNTUK MENENTUKAN BARGA JUAL

2016 ◽  
Vol 5 (1) ◽  
pp. 16
Author(s):  
Soebandi Soebandi
Keyword(s):  
Decision Making ◽  
Management Accounting ◽  
Price Policy ◽  
Financial Accounting ◽  
Financial Statement ◽  
Accounting System ◽  
Internal Accounting ◽  
Management Accounting System

The management accounting system produces information for internal users, whereas the financial accounting system produces it for external users. Thus, management accounting could be properly called internal accounting. Specially, management accounting iden­ tified, collects, measures, classifies, and reports information that is usefal to managers in planning,  controlling and decision making.The managers decision making likes price policy . The information for price policy are cort of goods manufactured statement, financial  statement, operating expenses statement.

scholarly journals MAIN FACTORS LIMITING THE RECOGNITION AND USE OF KEY MANAGEMENT ACCOUNTING TOOLS AND ISSUES IN HOSPITALITY INDUSTRY

2017 ◽  
pp. 41-47
Keyword(s):  
Decision Making ◽  
Key Management ◽  
Management Accounting ◽  
Rapid Development ◽  
Dynamic Environment ◽  
Financial Information ◽  
Decision Making Process ◽  
Accounting System ◽  
Tourism Sector ◽  
Different Cultures

As it is in the world, tourism in Turkey has the potential for rapid development and it provides opportunities for many different sectors to develop. It is necessary for accommodation establishments which have a considerable share in tourism sector to provide productivity and efficiency within the internal process of an establishment in order to reach their expected profit goals and continue their existence because they have a labor-intensive structure, they encounter many different cultures, demands of consumers continually differ and they carry on a business in a dynamic environment. To manage this purpose, managers of accommodation establishments want to use proper and reliable financial information in the decision-making process in order to protect the existence of an establishment, minimize errors or remove them and evaluate activities of an establishment. In this context, an effective management accounting system supports the decision-making process and enables financial information which is required to minimize cost in further periods, increase sales revenues and provide a competitive advantage for an establishment. The purpose of this research is to investigate management accounting and its applications in accommodation establishments, detect problems and determine to what extent applications of management accounting are benefitted.

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