Field Of Management Accounting Research Articles

Management accountants—A gendered image

It has been argued that masculinity in the field of accounting is in flux and that new gendered expectations may be emerging. This study takes an important step toward a discussion on management accountants’ gendered image and broadens understanding of masculinity in the field of management accounting. The question it raises is whether the notion of hegemonic masculinity is dominant in the image and whether the image might be expanding. A qualitative case study of a global technology company was conducted, drawing on 100 of its job advertisements for management accountants and 31 semi-structured interviews with its management accountants and operational managers. The findings revealed that even though some caring attributes, such as empathy, were constructed as important, causing the hegemonic masculinity to seem softer, the image of the ideal management accountant predominantly aligns with hegemonic masculinity, more specifically with transnational business masculinity and entrepreneurialism, which emphasize business performance and maximization of the self. The dominance of hegemonic masculinity leads to the colonization of “othered” bodies, namely women in management accounting. The results critique mainstream management accounting research, which considerably lacks gender analysis.

A study of key techniques in mathematical input-output modeling in the field of management accounting

Abstract In this paper, we explore the integration of a stochastic input-output model based on uniform distribution into management accounting systems to enhance operational efficiency in enterprises. The model is formulated as the mathematical expression of an input-output table, focusing on the structure of the direct consumption coefficient matrix. By applying this model to the financial data of Y Iron and Steel Enterprise in W City, we evaluate the enterprise’s competitiveness and input-output performance. From 2019 to 2023, the company’s capital rate increased markedly from 0.0235 to 0.0868, reflecting a stronger resilience against lousy debt risks. Furthermore, we observed substantial growth in assets, deposits, and loans, with 2023 figures at 0.4965, 0.5839, and 0.3899, respectively. These metrics highlight the rapid development of the financial market and expansion opportunities. Our analysis demonstrates the utility of input-output models in management accounting to qualitatively assess and optimize product output and sales, thus ensuring greater overall operational efficiency.

The role of budgeting in the strategic planning process in an enterprise

Purpose of the study: The main purpose of this article is to present the definition, function and course of the budgeting process in an enterprise based on the available literature on the subject. The article also aims to evaluate the effectiveness of the implementation of the budgeting process based on available empirical results.
 Methodology: The article was prepared using the method of critical review of the literature in the field of management accounting with a particular focus on items on the budgeting process. In the conducted literature review, academic literature was analyzed, as well as articles and other publications related to the subject matter.
 Main findings: The presentation in the text of the functions and phases of the budgeting process makes it possible to conclude that it is a time-consuming process, heavily involving managers and employees, and that it is necessary to look for an alternative to it.
 Application of the study: The study makes it possible to systematize knowledge in the area of theory related to the budgeting process, its meaning, function and phases. The theoretical content is expanded with the results of empirical studies known in the literature showing the advantages and disadvantages of the process. The research can help in the decision to implement an appropriate planning system in the enterprise.
 Originality/Novelty of the study: The study undertaken shows the space for further analysis of the financial planning system in the enterprise with particular consideration of proposals for new tools that may have practical application.

Implementation of Responsibility Accounting with Budget as a Cost Control Tool at PT. Varia Usaha Fabrikasi

This study explores the application of responsibility accounting with budgets as a cost control tool at PT. Varia Usaha Fabrikasi. As a labor service provider company, PT. Varia Usaha Fabrikasi has a strategic role in supporting Indonesia's economic growth. By describing conditions before and after the Covid-19 pandemic, this study identifies economic growth opportunities and company demands to take advantage of the technological era 4.0. The literature review presents the concept of responsibility accounting, characteristics, requirements, and the role of budget as a cost control tool. A conceptual framework was conceived as a theoretical foundation for the study. Previous research noted that the implementation of budget accounting accountability at PT. HearLIFE Indonesia still needs improvement. The research method used is qualitative with a case study approach at PT. Varia Usaha Fabrikasi. Data is obtained from interviews, observations and analysis of company documents. The results of data analysis show that PT. Varia Usaha Fabrikasi has met the requirements of liability accounting, including a clear organizational structure, cost segregation, classification of account codes, and cost reporting systems. The budgeting process at PT. Varia Usaha Fabrikasi involves the participation of each department, and its implementation includes effective monitoring and control. Analysis of cost variance in 2020-2022 shows both favorable and unfavorable results, gives a comprehensive picture of budget realization. This research contributes to the understanding of responsibility accounting practices and the application of budgets as a cost control tool in the context of labor service provider companies. These findings are expected to provide insight into similar companies and researchers in the field of management accounting.

СООТНОСИМОСТЬ РОССИЙСКОГО ПОДХОДА К СТАНДАРТИЗАЦИИ УЧЕТНО-ХОЗЯЙСТВЕННОГО ПРОЦЕССА И ЕГО ЗАРУБЕЖНЫХ АНАЛОГОВ (МСФО И USGAAP)

The article examines the process of development of the modern Russian system of accounting and economic activity in the context of the influence of Western (primarily North American - US GAAP and international – IFRS) accounting practices on it; substantiates the expediency of a deeper perception of the ideas of accounting correlation with the managerial nature contained in the concept of IFRS. The author states the existence of structural problems in the process of reforming accounting in Russia in connection with the chosen course of convergence of federal accounting standards (FSB) with international ones and indicates ways of possible solutions to these problems, including through the creation of a system of domestic standards (by analogy with the FSB) in the field of management accounting

Development of management accounting functions in the corporate governance system

Problematic issues of the development of theory of management accounting in context of improving corporate governance and increasing requirements from various stakeholders to its information support are increasingly becoming the object of research by domestic and foreign scientists. The purpose of this study is to identify the trends in the development of management accounting in the conditions of digitalization of the economy, and the transformation of business processes under the influence of changes in business environment as well as justification and substantiation of the new functions of management accounting in connection with the changing requirements of corporate governance and the need to improve its information support. To achieve this goal, the methods of synthesis and analysis, abstraction, deduction and induction, comparison and systematization were used, as well as a critical analysis of existing views on the essence of management accounting, its functions and possible development scenarios, taking into account transformations in accounting science and practice observed in the third decade of the XXI century. In the process of work the results of own researches conducted and received within the framework of the scientific school of the Financial University “Accounting-analytical and control processes of economic subjects of information society” and in the course of practical activity of the authors were used. Based on the analysis of literary sources, the requirements of national and international standards in the field of both accounting and financial reporting and in sustainable development, current accounting practices and corporate governance practices, new management accounting functions have been identified and justified, the implementation of which is aimed at the formation and presentation of better quality data and information as part of corporate reporting with predictive value. The results obtained can be used by economic entities in optimizing accounting and control processes and developing internal regulations on management accounting, as well as by accounting regulatory entities and professional organizations in developing recommendations in the field of management accounting for various economic entities.

Analisis Faktor-Faktor yang Mempengaruhi Praktik Akuntansi Manajemen pada Usaha Kecil dan Menengah di Kota Padang

Small and medium enterprises (SMEs) create a major contribution to the country's economic growth. The development of SMEs can be encouraged by the use of management accounting practices (MAPs) as a basis for decision making in order that their business performances become effective and efficient in achieving goals. However, a few research has been done on MAPs in SMEs in developing countries. This study aims to show what contingency factors (company size, owner participation, market competition, and information technology) affect the implementation of MAPs in the SMEs sector in one of the SMEs central cities in developing country (Indonesia). namely the city of Padang. This study employs a quantitative descriptive survey method, by distributing questionnaires. A sample of 96 respondents was determined by purposive sampling technique. The respondents of the study are owners or staff/managers of SMEs accounting/finance. Multiple regression analysis with SPSS 29 is used to analyze the data. The results of the study conclude that the level of company size, owner participation, market competition, and information technology has a positive and significant effect on the implementation of MAPs by SMEs. This research is expected to be a reference for further research in the field of management accounting and corporate governance in SMEs.

DEVELOPMENT OF MANAGEMENT ACCOUNTING RESEARCH IN INDONESIA: A BIBLIOGRAPHY STUDY

This paper reviews the current state of management accounting research to assess the structure of the research field and track the growing literature of Indonesian researchers. A bibliography study is used to review 244 papers in the field of management accounting published in Indonesia's top national accounting journals over the past 20 years. The study tabulates the topic, research method, and settings utilizing spreadsheet and qualitative data analytics software, Nvivo 12. Management accounting research in Indonesia represents a small portion of the broader accounting field study. This study gives information on which journal produces most accounting management research and which journal favors certain research methods. Most research concentrates more on budgeting and performance-determinant analysis. The quantitative research method dominates the study, with the survey instrument serving to answer the research question. Most research is conducted in the public sector, making the public sector and management accounting research have a high intersection. This study's findings hold implications for management accounting scholars to provide insights into identifying research gaps and novelties for further research

Recent Developments in Management Accounting

The aim of this study is to investigate recent developments in management accounting, which was accomplished through the use of the library technique. The research revealed that various factors, such as increased competition, technological advancements, and changes in organizational structure, have played a role in influencing developments in management accounting. Looking forward, the field of management accounting is expected to be shaped by trends like big data analytics, integrated reporting, automation, sustainability considerations, scenario planning, real-time reporting, and a focus on ethics and governance. Our findings indicate that management accounting has made significant progress and has become a distinct area of expertise. Its evolution has been marked by continuous innovation and adaptability to meet the ever-changing demands of the business landscape. To thrive in this dynamic environment, we recommend that management accountants be versatile team players, capable of addressing a wide range of options and challenges that organizations encounter.

Examining the Implementation of Financial Incentives using the Framework of Monetary and Non-Monetary Incentives to Improve Employee Innovation Performance Case Study: Jordanian Islamic Banks

Jordan's banking industry has expanded significantly, and various Jordanian banks are now more competitive than ever. Therefore, all Jordanian banks strive to gain a greater competitive edge by luring more clients. In this context, Jordanian Islamic banks sought to strengthen their competitive advantage by offering high-quality banking services, luring highly experienced employees, and equipping them with a capable system of incentives and rewards to boost their performance. It has been suggested that monetary and non-monetary incentives could be used to address these issues. In order to evaluate the effects of incentives on the employees who worked in the Islamic Bank's branches in Jordan, the study set out to conduct a systematic review and analysis. Partial least squares (PLS) analysis was used to gather data that had been gathered through a survey method using questionnaires that were completed by 73 respondents. Simple linear regression (SLR) was used to assess how incentives affect performance. The results of the study revealed a statistically significant positive effect of monetary and non-monetary incentives on performance. In order to implement a fair incentive policy that has an impact on raising employee performance, and added value Islamic banks need to review their system of moral and financial rewards. Giving bonuses, recognizing outstanding employees, providing the ideal employee with monthly annual health benefits, and expressing gratitude and expressing gratitude and appreciation to others. Future knowledge in the field of management accounting will benefit from this study's contribution, which focuses on the existence of the principles based on the performance system, a distinctive and original compensation scheme that has unmistakably aided bank expansion.

Business Trends in Digital Era: A Review

The business has a unique function in sustainable economic growth since it not only helps realize creative potential but also generates dispersed employment opportunities and additional funding for budgets at various levels. The use of various digital technologies within a business model that enables a company to have a variety of value-producing opportunities within the company is referred to as digitalization. Additionally, the field of management accounting has seen a significant degree of change with the aid of digitalization, which has improved it significantly. Furthermore, digitalization can have an impact on an organization's business models, and it enhances management accounting in a company setting. According to Business Trends in the Digital Era, trends drive transformations. Cities with greater competitiveness will transition from industrial centers to industry and innovation hubs, and businesses with greater competitiveness will transition from production to product and innovation centers. The secret to success is innovation! The current trend in development is innovation-driven. This article summarizes all the new trends of business in this digital era.

MODERN INNOVATIVE PRACTICE OF MANAGEMENT ACCOUNTING

Purpose of the article: innovations in the field of management accounting. Modern management accounting reforms the traditional practice of management accounting. Management accountants are required to take part in establishing financial controls and assigning financial values to non-financial managers. Modern management accounting with other strategies will allow management to make informed decisions that will contribute to the success of the organization.

JUSTIFICATION OF APPROACHES TO COST ALLOCATION IN PROJECTS

Introduction. The spread of the project approach to the management of economic entities leads to systemic changes in accounting and analytical activities, such as the transformation of the organizational and financial structure, the strengthening of the role of planning and budgeting, the presentation of new requirements for cost accounting and management reporting. At the same time, the entire calculation process in relation to project activities is under significant influence. The article presents an assessment of the application of cost allocation bases for management and support between the phases of the project cycle. Development of an approach to the distribution of management and support costs between the phases of the project cycle, with the identification of the most acceptable distribution bases. Methods. The theoretical basis of the study was the research of domestic scientists in the field of management accounting, including thematic publications in periodicals, monographs. Applied general scientific methods of empirical research (observation and comparison), methods of theoretical research (analysis and synthesis). Results. Based on the research of theoretical developments of domestic scientists, the most common bases for the distribution of indirect costs in accounting practice have been identified. The characteristics and examples of the application of cost allocation bases for the management and support of projects by phases of its cycle are presented. Recommendations on accounting and distribution of indirect costs of the project have been formed. Conclusion. Based on the results of the conducted research, it can be concluded that it is advisable to use such bases for the distribution of indirect project costs (management and support costs) between phases (concept, development, implementation, completion) as: the cost of creating the project result, the time of costs, the time spent on the project phase, the material intensity of the project phase, remuneration for the creation of the result, revenue from the customer, which, together with the recommendations provided for their selection and application, contributes to the development of project management accounting.

Examining the Evolution of Management Accounting: A Qualitative Review

This qualitative review investigates the evolution of management accounting, focusing on its historical development, theoretical frameworks, and contemporary practices. The research aims to provide insights into the adaptive nature of management accounting in response to changing organizational needs, technological advancements, and societal trends. The methodology involves a comprehensive literature review encompassing historical analysis, theoretical perspectives, and empirical studies in the field of management accounting. Key findings reveal the historical roots of management accounting tracing back to the Industrial Revolution, with significant milestones including the emergence of cost accounting techniques, budgeting systems, and advanced methodologies like activity-based costing and strategic management accounting. The review also identifies theoretical frameworks such as agency theory, contingency theory, and institutional theory, offering diverse perspectives on the role and functioning of management accounting within organizations. Contemporary practices in management accounting emphasize strategic analysis, risk management, performance measurement, and the integration of financial and non-financial metrics. Technological advancements, particularly in information technology, have revolutionized decision support capabilities, enabling real-time monitoring and analysis of organizational performance. The synthesis of literature underscores the dynamic and multifaceted nature of management accounting, highlighting its pivotal role in facilitating strategic decision-making, enhancing organizational performance, and driving sustainable growth. The findings contribute to a deeper understanding of management accounting evolution and offer implications for practice and future research.

The Development of Information Technology and Its Influence on the Field of Management Accounting

This study aims to determine the impact of the development of information technology in the field of management accounting. The method used is descriptive qualitative research methods and library research methods. The results of this study include the development of information technology that has brought important changes to the business world. There are many types of information systems that use emerging information technologies, including electronic data processing systems, data processing systems (DPS), decision support systems (DSS), data processing systems, management information (MIS), executive information systems (EIS), expert system (ES)) and Accounting Information System (AIS). The development of information technology has also influenced the field of management accounting because it is a field where information is generated in the context of management planning, control, and decision making. These impacts can be beneficial or detrimental to the business.

Barriers of implementing the balanced scorecard: Evidence from the banking sector in the developing market

The purpose of this study is to identify and understand the barriers to the balanced scorecard (BSC) implementation in the Sudanese banking sector. To achieve the research objective a qualitative approach is used. The research data were gathered by conducting 12 semi-structured interviews with the managers and senior staff of 10 banks working in Sudan. The findings of this research demonstrated that the major barriers of the BSC implementation in the Sudanese banking sector are as follows: absence of top management motivation and commitment, lack of awareness, lack of training, the high cost of the BSC implementation, the claim of current system sufficiency, difficulties in measuring BSC perspectives, and insufficient IT support. The findings suggest that the top management of the banking sector should be encouraged by the Central Bank of Sudan to consider using the BSC as a priority and include it within their strategic plans, initiate budgets and other resources for better BSC implementation (Gowindasamy & Jantan, 2018). This study contributes to the literature and practice in the field of management accounting by outlining the barriers to implementing the BSC in the banking sector located in a developing African country. The information obtained can enhance our understanding of BSC implantation in emerging economies.

Teaching to read empirical sections from qualitative academic management literature as Literature

ABSTRACT This article advocates in favor of using existing qualitative research in management as a source of narratives relevant for teaching purposes. It suggests that empirical sections of selected academic articles (i.e. scientific literature with a small ‘l’) can be isolated from their context (abstract, introduction, literature review, methodology etc.) and read as short stories (i.e. Literature with a capital ‘L’) with noticeable pedagogical benefits. It builds on the author’s personal experience of a pedagogical experiment during which empirical sections from qualitative research articles published in the field of management accounting were used as stories to enhance classroom learning experience for teachers and students alike. It argues that such stories offered a unique combination of original narratives (like novels) with scientific legitimacy (like business cases) that enriched the students’ critical understanding of what is not there in much contemporary accounting education practices: uncertainty, ambiguity, doubt and subjectivity.

Review of scientific achievements in the field of management accounting and controlling presented at the “Accounting and controlling” conference

Purpose: The aim of the article is to verify and assess the current state of scientific publi-cations in the field of management accounting and controlling presented at the conference “Accounting and controlling”. Metodology/approach: An analysis of the papers submitted to the conference was carried out in terms of the number of publications based on university affiliation, degree of partici-pant interest in the conference, and issues raised in the area of management accounting and controlling. Findings: The issues raised in the articles submitted to the “Accounting and controlling” conference demonstrate that interest in the issues of management accounting and control-ling is significant. However, despite the 25 years of scientific discourse, there is still a wide variety of opinions on the concept of controlling, its mission and specifications, as well as the place of controlling as a discipline in enterprises. Accounting tools that support man-agement are presented in many publications. However, there are also publications that discuss original concepts in the field of the methodology of controlling. Originality/value: The article summarises national scientific achievements in the field of management and controlling presented in the series of 25 editions of the conference “Account-ing and controlling. Keywords: controlling, management accounting, controlling tools, “Accounting and control-ling” conference.

The appearance of agency theory in the publications of Polish authors – the need to expand research in behavioral accounting

Purpose: The aim of the article is to assess the use of agency theory by Polish authors in articles in the field of accounting published by the end of 2020. Methodology/approach: The study was carried out using a structured literature review, which is a recognized method of conducting literature analysis, also in the field of accounting. Findings: The results of the review show little use of agency relations in empirical re-search. Both in theoretical and empirical research, the issues in financial reporting were most often addressed. In most publications, agency theory constitutes the theoretical back-ground for the considerations, while there is a lack of research that focuses on the impact of the agency relationship between the owner and manager or between employees at vari-ous levels on accounting. The empirical studies analyzed only external factors that influ-ence decision-making, while there is a gap in studies that focused on individual human characteristics. Research limitations/implications: The structured literature review covers articles pub-lished between 1993 and 2020 written by Polish authors. Originality/value: The originality of the article arises from the identification of shortcom-ings in the publications of Polish authors in contrast to global achievements, in particular in the fields of management accounting and behavioral accounting. Thus, we indicate the directions of further development of research already carried out by the few Polish authors. The guidelines concern the development of research in the field of behavioral accounting, which will deepen the knowledge about the impact of the principal-agent relationship on the decisions people make in creating reporting and management information. Keywords: agency theory, agency relation, behavioral accounting, SLR, literature review.

Analysis of Information Technology Development in Management Accounting

The development of information technology causes the business world to become limitless, the boundaries between countries are becoming more extensive and global in nature. It cannot be denied that one of the main causes of the globalization era, which is coming sooner than everyone thought, is due to the rapid development of information technology. The implementation of the internet, electronic commerce, electronic data interchange, virtual office, telemedicine, intranet, and so on has breached physical boundaries between countries. The merger of computer technology with telecommunications has resulted in a revolution in the field of information systems. Nothing can hold back the rapid development of information technology. One trend that causes changes in management accounting is the advancement of information technology. Management accounting provides information that is useful for management in achieving the goals of the company. The development of information technology has forced management to seek new strategies in order to survive. The field of management accounting, which as the field of producing information, is greatly influenced by the development of information technology. Management that has succeeded in making its company have an advantage at the world level is the one that is able to survive, develop and become a champion in an increasingly tight global competition situation.