Importance Of Cost Information Research Articles

Factors Influencing the Use of Cost Accounting Systems in Libyan Agricultural Firms

This paper used quantitative approach to examine the relationship between six contingent factors that influence the Libyan agricultural firms to practice cost accounting systems. The available literature focused on the practice of cost accounting systems in manufacturing and servicing firms, this study filled the gap in the literature in term of studying the factors that influence the cost accounting practices in the agricultural firms. A questionnaire survey was used to collect data from 227 respondents, and the response rate was 81% (184). It was found that there is a positive relationship between the size, competition, legal obligation, and importance of cost information and practice of cost accounting systems, while the relationship between product diversity, cost structure and practice of cost accounting systems was found to be not significant.

Product costing systems in Nigerian companies

The paper examined the factors influencing product costing systems in Nigerian manufacturing organizations.Following Al-Omiri and Drury (2007) framework where alternative proxy measures were used to identify the features of product costing systems, a questionnaire was used to gather data, while OLS regression technique was applied to evaluate how importance of cost information, product diversity, cost structure, intensity of competition, size of organization, and quality of information technology, affect the sophistication of cost system of manufacturing companies whose shares are quoted in the floor of the Nigerian Stock Exchange. Results indicate a positive relationship between cost system sophistication and all observedindependent variables. However, the relationships between cost system sophistication and cost structure, product diversity and quality of information technology are significant while the relationship between cost system sophistication and size, level of competition, and importance of cost information are not significant.

Exploration of Factors Influencing on Choice the Activity-Based Costing System in Iranian Organizations

As a tool for planning and control, costing systems play a considerable role in providing information needs for managers. Given the diversity of costing systems and simultaneous advancement of new costing systems, choosing a costing system may challenge managers. This research seeks to explore such organizational factors as organization size, industry type, cost structure, the importance of cost information, and products and services diversity on adopting Activity-Based costing (ABC) system in the listed companies of the Tehran Stock Exchange. Using logistic regression model from 33.5% of respondents in the sample, the results of this survey study indicates a positive relationship among cost structure, the importance of cost information and products and services diversity (in term of products and services liner numbers). It also indicates a negative relationship among the type of industry, organization size and product and services diversity (in terms of support diversity and volume diversity) with adopting the mentioned system. There was not any significant relationship between above organizational factors and choice of the ABC system.

A survey of factors influencing the choice of product costing systems in UK organizations

This paper reports on the findings of a postal questionnaire that examines the extent to which potential contextual factors influence the characteristics of product costing systems. Prior research has mostly used the adoption or non-adoption of ABC systems to capture the characteristics of product costing systems. This research has generally been inconclusive and has been unable to establish strong links between ABC adoption and those contextual factors that have been identified in the literature that are conducive to the adoption of ABC systems. Instead of using only the adoption or non-adoption of ABC systems as a measure of product cost system design this research uses four different proxy measures of cost system sophistication to capture the characteristics of the product costing systems. This allows for a more robust test of the relations among the predictor variables and cost system sophistication. Results indicate that higher levels of cost system sophistication are positively associated with the importance of cost information, extent of use of other innovative management accounting techniques, intensity of the competitive environment, size, extent of the use of JIT/lean production techniques and the type of business sector. No association was found between the level of cost system sophistication and cost structure, product diversity and quality of information technology.