Development Of Management Accounting Research Articles

Environmental management accounting and waste management practices: A case of a manufacturing company

Abstract Purpose: This study examines how Environmental Management Accounting practices are related to waste management practices and how the organization in the case study is influenced in adopting the waste management practices Research methodology: The case study method was used in examining the applicability of Environmental Management Accounting to waste management in one large manufacturing company. Interviews, observations and archival documents were used as data collection methods. Results: The study observed that the company had reinvigorated environmental management and waste management practices due to the influence of the major stakeholders. These motivations can be categorized into three main pillars including coercive, mimetic, and normative isomorphisms. Limitations: As the research is directed towards the selection of in-depth inquiry of specific settings infused with culture, values, beliefs, stories, language, perception, politics and ideology, it might cause to diminish the researcher's analytical objectivity and independence of the research. Contribution: Policies, practices and motivations promote the future development of environmental management accounting and waste management practices in the Sri Lankan context.

Analytical support of management activities in the context of management accounting standardization

The development and improvement of national accounting and management accounting is accompanied by the introduction of new methods for analysis and diagnosing the final result. So, the point approach in the management of assets and liabilities involves a quantitative and qualitative characteristic of the resulting economic situations (consequences) in production and financial activities. This does not happen spontaneously, but as the business management system develops. Recently, there has been the increase of interest in the analysis of profitability in relation to different segments of sales, diagnostics of margin indicators, etc.

Problems and Prospects of Accounting Management in the Digital Economy

There is an active digitalization of the collecting processes, consolidating and analyzing business data in the modern economy. Against this background, many classical problems of managerial accounting still remain unresolved, among which the selection of cost objects, the search for optimal methods for calculating costs, and the integration of various types and levels of accounting among themselves. The goal of the paper is to reveal key features of management accounting development in modern enterprises. The methodological basis of the work is a systematic approach, reflected in the idea of management accounting as a multi-level system that combines methodological, organizational and infrastructural aspect. The result of the study is the disclosure of the imbalance problems associated with increased attention to higher levels of management accounting without deepening the study of lower levels of business data. There are proposed the following directions of management accounting development: further division of accounting objects; expanding the possibilities of solving the problems of calculating costs due to modern technologies; integration of cost accounting with process models, which maintained in companies today outside the framework of accounting management. The results may be of interest to researchers, practitioners in the financial management and IT fields

Проблемні аспекти управлінського обліку витрат операційної діяльності

Management accounting depends on the problem of accounting policy development in terms of rapid adaptation to modern management concepts, which also contribute to the deepening of the theory and development of management practice and accounting. The urgency of the problem is explained by the fact that the formation of accounting policy in its current form, creates the illusion of making changes in management for business owners and managers, although it only slightly streamlines the traditional accounting system and does not provide any necessary decisions and changes.There is a substitution of concepts, and this diverts attention from the current problems of development of the management system in its broadest sense, as well as management accounting. Therefore, there is a need to form a block of accounting problems as part of the overall long-term program of management system development, in which accounting policy issues will be inextricably linked with the organization of management accounting. In this regard, the author outlines the purpose of the article in terms of studying the problematic aspects of management accounting of operating costs of the brewing industry. The article reveals the features of management accounting of operating costs of enterprises in the brewing industry. The author emphasizes the need to focus on the process of cost management, compliance with the rules of the technological process, avoiding unproductive loss of resources, reducing the level of waste, which will help ensure the objectivity of the process of financial results. The article presents the author's algorithm for assigning overhead costs to accounts 23 and 90. The author proposes to disaggregate the itemj of calculating the costs of salaries for the basic salary and additional salary, especially for PJSC «Slavutych Brewery», as the cost elements «Labor costs» at this company are 27–34 %. The author considers, it would be reasonable to detail other direct costs in the costing items to understand their share in the cost structure of operating activities.

Review and Prospect of China Management Accounting in the Information Age

With the advent of the information age, big data, “Internet +", “intelligence +", “cloud computing” and other technological methods emerge in endlessly, the basic financial accounting work will gradually be replaced by intelligent robots, and this is a great opportunity to promote the development and transformation of management accounting. Management accounting, as a product of the combination of management and accounting, requires a large amount of information and data in order to play a specific role. In the context of the information era, management accounting can rely on the assistance of scientific and technological means to integrate and analyze enterprise information, and further promote enterprise decision-making, control, investment, etc. To serve the overall development situation, management accounting is promising. This article reviews the development of management accounting since the founding of the People’s Republic of China and summarizes the problems existing in the development process. On this basis, it provides guiding opinions and suggestions for further improving China’s management accounting.

Strategic management accounting: information application areas and instruments

he application of strategic management accounting instruments in corporate governance is a significant tool for gaining a competitive advantage, increasing the existing market share, and improving the company’s performance. The article examines the development, concept, and significance of strategic management accounting. There are five areas of strategic management accounting: 1) costing; 2) planning, control, and performance measurement; 3) strategic decision-making; 4) competitor accounting; 5) customer accounting. The main instruments of each area, their advantages, challenges of implementation in enterprise management, and benefits for the efficiency of the organization have been identified.

PERSPECTIVE OF INTERNAL PROCESS BASED ON MULTIDIMENSIONAL PERFORMANCE MODELS IN DEVELOPMENT OF ZAKAT MANAGEMENT ACCOUNTING

We realize that the internal process is one of the most important perspectives among the various perspectives and dimensions of performance measurement of the Zakat Management Organization which must always adapt to change and development, including the development of management accounting. This study uses a qualitative approach with the application of ANP (Analytic Network Process). The research respondents consisted of 5 people including practitioners, experts and academics. The results found that there were 2 problems in the perspective of the Internal Process based on the Multidimensional Performance Model, namely the problem of low program innovation and limited after-service. The priority solution in overcoming this problem is a follow-up service solution and priority strategies that can be done through Research and Development, Gradual and Sustainable Service Systems and Shariah Compliance. The findings in this study are expected to help the management of Zakat Management Organizations in the decision-making process as the development of management accounting based on multidimensional performance models. JEL: M11; M41 Article visualizations:

Application of New Economic Environment Based on Computer Technology in Management Accounting

To start with the development and application of management accounting in China and combining with the characteristics of new economic environment, this paper points out the far-reaching influence that the new economy and new technology environment have brought to the industry. Based on the deep analysis of the current situation, the necessity of applying computer technology to management accounting method is pointed out, and the problems to be solved and the direction of innovation are clearly combed, in order to make the financial practice of enterprises more realistic and feasible.

Penerapan Environmental Management Accounting (EMA) Terhadap Kinerja Perusahaan

EMA is a development of management accounting, so the application of EMA is determined by contingent factors in the company. Contingency factor used in this study is business strategy. Business strategy that has been studied by previous studies is environmental strategy. However, not many previous studies have used business strategy typology (prospector or defender) as a contingent factor in the application of EMA. Several previous studies using strategy typology have proven that prospector strategies have a positive effect on the adoption of EMA. In the context of contingencies, the alignment between business strategy and EMA implementation will be able to improve business performance. This underlies the development of this research model. The alignment of the business strategy with the adoption of EMA is tested by an interaction approach. The interaction approach uses a moderated regression analysis (MRA) analysis tool. The results of testing of 348 company years (publicly listed companies that participated in PROPER during the period of 2013-2018) show that strategy had no role in strengthening or weakening the association of EMA on company performance. In other words, whatever type of strategy the company has chosen has no influence on the EMA on company performance. Testing of control variables proves that the environmental performance of the previous period did not affect the company's performance. While the size of the company and the earnings of previous period have a positive effect on performance.

Development and implementation of management accounting in state budgetary educational institutions of higher education on the example of SBEI HE "Almetyevsk State Oil Institute"

Development and implementation of management accounting in state budgetary educational institutions of higher education on the example of SBEI HE "Almetyevsk State Oil Institute"

Management accounting and criteria for its effectiveness at the enterprise

Purpose. The aim of the article is to substantiate the need for the development of management accounting and the system of criteria for the effectiveness of the organizational structure of management accounting at the enterprise. Methodology of research. General and special methods are used in the research, in particular: the method of classification allowed to differentiate the main components of management accounting, and the method of description gave them a detailed description; the monographic method is used in the study of literature sources on management accounting; system and analytical method is used in processing the information obtained. Findings. Approaches to determining the essence of management accounting are considered, its features are determined, identification characteristics and significance for economic activity are substantiated. The classification of management accounting according to management needs is generalized and improved. Problems of management accounting development are identified. The essence of the concept of “management accounting” is specified. The place of management accounting in the accounting and analytical system of the enterprise is considered. The main approaches to the essence of management accounting are reflected. Models of organization of management accounting at the enterprise are given. An approach to the assessment of the object of management accounting is proposed, the ways of introduction of management accounting at the enterprise are substantiated. Originality. The proposals on the system of evaluation criteria for the effectiveness of management accounting of the enterprise are substantiated. The methodological principles of the organization of management accounting have been further improved. Practical value. Options for the introduction and organization of management accounting at the enterprise are considered. The results of the study can be used by business entities in the process of using management accounting. Key words: management accounting, management, costs, profit, system of efficiency criteria, accounting and analytical system, business entity.

DIGITAL MANAGEMENT ACCOUNTING AT THE ENTERPRISE

Introduction. In the conditions of development of innovative economy it is necessary to provide the most effective work of management system by means of generation of the full and reliable information for process of acceptance of administrative decisions. Therefore, accounting and information support of enterprise costs is formed using the components of the accounting and analytical system: management accounting, reporting, budgeting and internal control. In addition to accounting, it is necessary to use management accounting to achieve these goals, which is mandatory for the enterprise. Digitization of management accounting causes the transition to the latest information technologies: cloud computing, blockchain, etc., which opens up additional opportunities for accounting and analytical work of the accounting department of the enterprise. The relevance of the topic presented in the article is determined by the need to determine the prerequisites for the introduction of digital management accounting in the enterprise. Methods. General and special methods are used in the course of the research, in particular: the analytical method is used in the review of legal sources; the method of classification made it possible to differentiate the main components of management accounting, and the method of description - to give them a detailed description; the monographic method is used in the study of literature sources on the digitization of management accounting; the system and analytical method is applied at processing of the received information. Results. Approaches to determining the essence of management accounting are considered, its features are determined, identification characteristics and significance for economic activity are substantiated. The classification of management accounting according to management needs is generalized and improved. Problems of management accounting development are identified. The essence of the concept of digital management accounting is specified. The main directions of application of digital management accounting at the enterprise are offered. The ways of introduction of management accounting at the enterprise are substantiated. Discussion. In the future it is necessary to develop p options for organizing the introduction of digital management accounting at the enterprise. Also, it is necessary to improve the methodological principles of digital management accounting and the use of cloud technologies. Keywords: accounting, information system, management accounting, digital management accounting, cloud technologies, blockchain, management.

Management Accounting and the Control of Organizational Performance

The increased emphasis upon the value chain and a growing focus on value adding activities has led to several new developments in management accounting. Critically evaluate these contemporary techniques and discuss the extent to which they offer improvements compared to traditional accounting techniques. Furthermore, management accounting will improve accounting techniques when value chain and add value-adding activities develop in the enterprise that searches for new accounting skills in the operation of the company. Generally, parts of traditional accounting techniques are not suitable for use in the current field of accounting, because these traditional accounting techniques could not provide the accurate index of cost, profit, depreciation and other factors considered by managers for operation. So, this essay would discuss several new accounting techniques in order to promote the performance of management and make manager will recognize what accounting techniques they should utilize for gaining better efficient management in the future.

КЛАСИФІКАЦІЯ ВИТРАТ ДЕРЖАВНИХ ЗАКЛАДІВ ВИЩОЇ ОСВІТИ ДЛЯ ПІДСИСТЕМИ УПРАВЛІНСЬКОГО ОБЛІКУ

In the course of the research, the scientific literature of domestic and foreign scientists was analyzed, which dealt with the problems of cost accounting in general and the budget sphere in particular. The purpose of the article is to investigate the classification of expenditures of public higher education institutions for the management accounting subsystem. Special and general scientific methods of cognition were used to ensure the effectiveness of scientific search. In particular, induction and deduction, analysis and synthesis, grouping. The elaborated cost accounting provisions, taking into account the realities of the activity of public higher education institutions, including their place in the budget system, mechanism and sphere, allow to determine the following urgent problems of accounting of expenditures in public higher education institutions: clarification of the classification and composition of expenditures in the context of the main products of activity; formation of the scheme of the expense ratio in the context of accounts of class 8 Expenses. Under these conditions, the development of management accounting in public institutions of higher education will be a real opportunity, and in fact the latter will become an effective tool for managing the activities of these entities. To formulate the classification of expenditures for the purposes of management accounting of public higher education institutions, we have resorted to such approaches in the field of enterprise accounting. The development of specialized literature has made it possible to generalize the classification features and their corresponding cost groupings. Consideration of the presented positions indicates the presence of certain problematic identification approaches (defining accounting and costing as management functions), as well as some accumulation of haphazardness in the presented numbers in the formation of classifications. Based on the elaborated classifications, the classification of expenditures of public higher education institutions is proposed. In the context of the production activity of public higher education institutions, the cost elements within the management subsystem are, accordingly, presented with a corresponding nomenclature. The complex of theoretical and methodological provisions of accounting and classification of expenditures of public institutions of higher education has been developed.

Accounting among the Natural Sciences

This paper develops research in order to clarify whether accounting theory belongs to the natural sciences. Three features characterizing these sciences are identified and evaluated. These are the relationships of accounting theory with respect to the fundamental laws of nature, the possible existence of necessary constants, and the abstractness of the categories introduced, which requires the use of mathematics. Studies have shown that these characteristics are fully visible. The second principle of thermodynamics has shown its significant influence leading to the indication of the existence of a constant quantity, necessary in capital accounts. It also turned out to be the basis of the original method of calculating the depreciation of assets. The principle of dualism, fundamental for accounting, revealed that it is, among other things, equivalent to the first principle of thermodynamics. And the principle of minimum action has always stimulated the development of cost accounting and management accounting. The practical significance of the research presented in the second part of the article consists in revealing of the economic constant. This constant determines the actions of nature in economic processes. As a result of the research, the knowledge of the possibilities of the accounting system is being expanded, in particular by incorporating the measurement of human capital of employees and opening the way to financial reporting in this area.

ИСТОРИЧЕСКИЕ АСПЕКТЫ ВОЗНИКНОВЕНИЯ СТРАТЕГИЧЕСКОГО УПРАВЛЕНЧЕСКОГО УЧЕТА: ОБЗОР ОСНОВНЫХ ТЕОРЕТИЧЕСКИХ УЧЕНИЙ

This article analyzes the development of strategic management accounting throughout modern history and the place of this science in the evolution of economic phenomena. The main goal of this study is to explain how changes took place in the economy, and how they influenced the development of certain tools of strategic management accounting, as well as to present the current state of the theories of this science, thus, the results can serve as a field for further research. for scientists. As part of our research, we analyzed the works of foreign scientists in the field of management accounting and tried to identify common directions in their scientific thoughts. As a result of the analysis, we were able to identify four main periods in the development of the science of management accounting, which were characterized by common features. In general, the following stages were presented by us: Traditional view, Theory of agency relations, Theory of circumstances and Strategic management accounting. We found that the Traditional Presentation phase lasted until the 1960s and was characterized by precise cost accumulation and standards-based systems. The Agency Theory phase lasted from the 1960s to the 1970s and was characterized by contracts between various parties in the firm. The Theory of Circumstances stage lasted from the 1980s to the 1990s, and was characterized by the fact that it was believed that universal rules were not suitable and each object should be studied individually. The stage "Strategic management accounting" lasts from the 1990s to the present and is characterized by taking into account the external environment. We noted that management accounting over the past two centuries has evolved and adapted to the requirements of a changing external environment.

Improving the Management Accounting System through Strategic Budgeting in an Industrial Enterprise

The article defines the principles of formation, development, implementation and use of management accounting at an industrial enterprise. The scheme of making managerial decisions within the concept of budgeting is given. The necessity of determining the role of budgeting in the system of management accounting of an industrial enterprise is substantiated. The relationship between the budgeting process and the strategic goals of the industrial enterprise with the help of a balanced system of indicators, which provides a comprehensive assessment of the strategic indicators of the enterprise by integrating its strategic goals and tactical capabilities. The mechanism of transformation of strategic goals of an industrial enterprise to the operational level with the help of components of a balanced system of indicators is presented. It is proved that the use of strategic budgets in the system of management accounting makes it possible to improve the quality of current and strategic planning in the enterprise, to make it an effective element of the management system.

РАЗВИТИЕ УПРАВЛЕНЧЕСКОГО УЧЕТА И ОТЧЕТНОСТИ В УСЛОВИЯХ ЦИФРОВОЙ ЭКОНОМИКИ: ПРОБЛЕМЫ И ПЕРСПЕКТИВЫ

The article discusses the specific features of the development of management accounting and reporting in the digital economy. The author reflects the distinctive features of the digital economy and identifies the main problems associated with the provision of management information in modern conditions, as well as recommendations for their solution.

Data mining and XBRL integration in management accounting information based on artificial intelligence

In today’s society, the application of information technology is becoming more and more extensive. At the same time, management accounting, as an important branch of modern accounting, also ushered in new development opportunities, and the research of data mining also pays more attention to the combination of theory and practice. Therefore, data mining can provide some technical support for the implementation of strategic management accounting. Because the most important thing of management accounting informatization is to process, calculate and transmit the business information of the enterprise through the corresponding information processing platform through the use of computer technology, and provide the corresponding data to the management of the major companies in order to better analyze and make decisions and perfect the future development strategy of the enterprise, so the screening of the corresponding technology is more important in the process of management accounting informatization. Based on the development of artificial intelligence technology and the combination of data mining and XBRL technology, this paper discusses the new strategies of contemporary management accounting development.

Main Drivers of the Evolution of Management Accounting Concept in Russia: Global Ambitions vs. Local Way

This paper examines the main drivers that initially shaped and are currently influencing the understanding and development of management accounting in Russia, focusing on the specific roles of various stakeholders and institutions. In this research, the author adopted a grounded theory perspective. Data collection was based on archival methods with interpretive approach to the analysis. At the initial stage a thematic model of narrative analysis was applied, followed by an intensive multi-stages coding process at a subsequent phase of the study. The findings, including an emerged theoretical proposition, provide exploratory and explanatory views on the development and current state of management accounting in Russia. The obtained results suggest, that while management accounting in Russia is still an emerging concept, the influence of external factors represented by various stakeholders and institutions on the development of management accounting in Russia has been spontaneous, characterized by a lack of leadership, and unsustainable, driven by ignorance, opportunism, and self-interest of main actors.