Management Accounting Research Articles

The Role of Environmental Management Accounting in Sustainability

This research explores the importance of environmental management accounting practices in businesses. It examines how market competition, environmental unpredictability, organizational size, and corporate governance influence the adoption of environmental management accounting tools and environmental performance. Data were collected from a survey of 397 individuals across various industries in Vietnam. The study found that greater environmental unpredictability, more intense market competition, larger organizational scale, and more effective corporate governance promote the use of environmental management accounting, leading to improved environmental performance. Additionally, environmental management accounting methods mediate the relationships among market competition, environmental uncertainty, organizational size, corporate governance, and environmental performance. This study contributes to the literature by highlighting the significance of environmental management accounting practices in Vietnam and offers practical insights for corporate leaders in developing countries. Overall, the findings suggest that businesses in competitive and unpredictable environments should prioritize the implementation of environmental management accounting practices to improve their environmental performance. This has practical implications for corporate leaders in developing countries like Vietnam, emphasizing the need for robust accounting practices to navigate environmental challenges.

Application of Management Accounting in Business Management that Affects the Success of Beauty Clinics in Bangkok

The purpose of this research is to study accounting strategies that affect business success from financial, customer, and internal operations perspectives. and learning and development of beauty clinics in Bangkok by using a questionnaire It is a tool for this study. The sample group used in this study The sample group used in this study was accounting directors. Accounting Manager Head of Accounting Department and accounting staff of the private hospital business in Bangkok, totaling 364 people, Statistics used in the study include number, percentage, mean, standard deviation, and Multiple Regression Analysis.  Major Findings 1)] management accounting Affects business success, financial perspective of beauty clinics in Bangkok. 2) Application of management accounting Affecting business success, customer perspective of beauty clinics in Bangkok. 3) Application of management accounting Affects the success of the business from a perspective on the internal operations of beauty clinics in Bangkok. 4) Application of management accounting Affects the success of the business, perspectives on learning and development of beauty clinics in Bangkok.

Discerning interrelationships among management accounting systems, organizational variables, and managerial performance

In today’s global market, information plays a determinant role in the competitiveness of business organizations. Information systems have become essential resources in daily management, strategy development, and implementation. In this context, management accounting systems (MAS) have undergone substantial changes to adapt to new technological and environmental realities and have become an increasingly valuable instrument to support managers’ decision-making processes. Nevertheless, managers may not effectively leverage the information provided by MAS to enhance the quality of their decisions and, consequently, their overall performance. Discrepancies in research outcomes suggest a potential oversight in analyzing other organizational variables through which MAS might impact managerial performance. Based on an extensive literature review, we identified a scarcity of recent research focusing on three variables that could potentially mediate the relationship between MAS and managerial performance. These variables are intricately linked to people-oriented aspects and include the accountants’ involvement in strategy formulation, implementation, and monitoring, user satisfaction with the information supplied by MAS, and the decentralization of decision-making processes. To address this gap, we used the finite mixture - partial least squares (FIMIX-PLS) to discern the interrelationships among the variables in the research model. The results highlight how the interaction between firm characteristics can enhance the use of MAS in managers’ decision support and consequently improve their performance. This research provides relevant theoretical contributions to the debate about different organizational environments and their influence on MAS effectiveness. It also offers managerial implications for business organizations that need to design, implement, and use management accounting systems.

Sustainability Reporting Ecosystem and IFRS S1 and S2: How Accounting Research can assist its Implementation

This paper describes how the accounting research agenda is affected by the issuance and implementation of the International Financial Reporting Sustainability Disclosure Standards (IFRS S1 and IFRS S2). The new IFRS S1 and S2 were launched on June 26, 2023, and are effective from January 1, 2024. The implementation of IFRS S1 and S2 will be particularly interesting as this is the first time that financial and sustainability reporting will be integrated into a company's corporate reporting. Given the relatively short timeframe since its introduction, there may be limitations in assessing the full impact or implications of these standards. Hence, this study analyzes various research opportunities related to the implementation of IFRS S1 and S2. Due to the limited literature that discusses the implementation of IFRS S1 and S2, this study applies the review method, i.e., it conducts a review based on existing research on IFRS S1 and S2, as well as research examining existing sustainability accounting and reporting aspects. This study analyzes research opportunities in the areas of (1) financial accounting, (2) management accounting, (3) auditing, and (4) accounting information systems. This study contributes to the research area of the sustainability reporting ecosystem to facilitate the smooth implementation of IFRS S1 and S2 in practice.

Strategic Management Accounting Techniques and Their Role in Enhancing the Market Share of Private Banks Operating in Baghdad

This study aims to examine strategic management accounting practices and their influence on increasing the market share of private banks based in Baghdad. In order to achieve the objectives of the current research, the researcher followed the steps of the descriptive analytical method as an approach to the current research through a sample of workers in private banks amounting to (137), according to a set of variables. In order to collect the necessary data and information, a questionnaire was designed consisting of three parts, the first about demographic variables and the second. On strategic management accounting techniques and the third on market share. After applying the current research tool, the study reached the following results: 1-There is a high level of use and employment of strategic management accounting techniques in private banks operating in Baghdad?, 2- There is a good level of market share for private banks in Baghdad, 3-There is no effect of the two techniques (activity-based costing and target costing) in enhancing the market share of private banks in Baghdad.4- The use of benchmarking techniques has an impact on improving the market share of private banks operating in Baghdad.

A systematic literature review of management accounting research in small businesses

A systematic literature review of management accounting research in small businesses

Analysis of The Implementation of Environmental Costs Case Study at Banjarmasin Islamic Hospital

This study aims to uncover waste management activities and environmental costs of environmental cost reporting at the Islamic Hospital of Banjarmasin. This researcher uses a qualitative paradigm with a case study design. The research scope is the Unit of Environmental Health Sanitation with the accounting process of environmental management, hospital waste management's data focus, and expenditures for waste costs. Primary data were collected through in-depth interviews and observations; secondary data, through documentation. The results revealed that environmental management accounting systems in 2019 and 2020 found hidden environmental costs from waste management cost reports in the Financial Statements. For example, the environmental cost report applied to the SKL Unit revealed Rp. 677,646,500 and Rp. 459,521,600 not presented as an environmental cost in 2019 and 2020. The implementation of environmental cost accounting through environmental cost reporting at the Islamic Hospital of Banjarmasin revealed that special reports in environmental management accounting could be used as information by the management of the Islamic Hospital of Banjarmasin in planning and controlling environmental responsibility activities. The study results also revealed that the environmental cost report facilitated the direction of the Islamic Hospital of Banjarmasin in making decisions related to environmental costs and provided information for stakeholders that the hospital had been responsible for maintaining environmental health.

Factors that Influence the use of Management Accounting on SME Performance in the city of Medan

The aim of this research is to examine the influence of the use of management accounting on SME performance, and environmental uncertainty, information technology, quality of human resources and innovation as factors that influence the use of management accounting. Descriptive quantitative research method, namely the results of processing data and then representing it. The population of this research is SMEs from various business sectors spread across the city of Medan. The sample was taken using a purposive sampling technique as many as 33 SMEs in the city of Medan. The Structural Equation Modeling (SEM) equation model is used for the data analysis method. Information technology influences the use of management accounting, environmental uncertainty, human resources and innovation do not influence the use of management accounting. The use of management accounting influences the performance of SMEs.

Fraud Management Model and Forensic Accounting – A Systematic Literature Review

This study interprets the importance of critical thinking and concern for the triggers of fraudulent behavior and financial fraud. The purpose of the study is expanded by explaining the application of fraud management as corporate governance to prevent fraud, and the involvement of forensic accounting practices is necessary. This study, a systematic literature review (SLR) by adopting part of the Preferred Reporting Items for Systematic Reviews and Meta-Analysis (PRISMA) method, to identify, and construct a fraud management and forensic accounting model. The findings, fraudulent behavior occurs because there is a triggering factor, and someone has difficulty ignoring it. Psychologically it has taken root and rationalized the truth of fraud on the basis of pressure, opportunity supported by capability, such as triggers for fraudulent behavior in the fraud triangle model and the diamond fraud model. Synthesis of findings, it is important for internal control in fraud management to be applied for early detection and investigation and it is necessary to involve forensic accounting practices to detect, investigate accounting and litigation to resolve financial fraud in the financial data-based justice system. The novelty of this research offers a fraud management and forensic accounting model to prevent fraud and the financial condition of the company.

No pain, no gain: The structure and consequences of question difficulty in a management accounting course

An unrecognized choice made by accounting instructors is the degree of difficulty presented to students. Even if assessment is limited to multiple-choice materials, instructors can pick questions that vary from easy to very difficult. To do this, instructors depend on difficulty classifications provided by textbook authors and publishers. Using computer captured results from student efforts, this paper tests the integrity of these difficulty categories. This effort considers the impact of different grade consequences, different scoring systems, student aptitude and prior question exposure. The extent difficulty levels translate into student success variation is reported. The results generally support the publisher’s classifications. Nonetheless, interesting variations in the degree of these differences can be attributed to the context and consequences of question answering, as well as to the type of student asked to answer.

Carbon management accounting an evolving approach to enhance transparency and accountability in accounting and reporting practices

Purpose This study aims to examine the factors driving the adoption of carbon management accounting (CMA) and various considerations that mediate its effectiveness in accounting and disclosure practices. Design/methodology/approach This study used an exploratory, cross-sectional, quantitative design. Academics, managements/executives, professional accountants, professional auditors and researchers served as the primary units of analysis. This study used a survey method to gather data through a structured online questionnaire. The data were analyzed using descriptive statistics and partial least squares structural equation modeling (PLS-SEM). Findings The results revealed that the factors driving the adoption of CMA directly influence the effectiveness of CMA practices, with a significant mediating effect of regulatory and ethical aspects. Furthermore, this study revealed the difficulty of accounting, quantifying and reporting carbon emissions and revenue generation from the trading of carbon credits. This highlights the critical role of standard-setters and academics in deciding the concrete methodology to promote uniformity in carbon disclosures. Research limitations/implications The major limitations of this study are that it considered only the perception of experts and did not study the actual practices of CMA by considering companies that have already implemented CMA. Further studies should consider this aspect to validate the results of this study. Furthermore, the findings highlight the insignificant effect of economic, environmental and social aspects in enhancing the overall effectiveness of CMA. This is because of the limited number of factors considered in the study of such metrics. To overcome this limitation, future studies should consider wider aspects to validate the outcomes of this study. Practical implications The major contribution of this study is that it serves as a base input for business organizations, academics, researchers and regulatory authorities who are working to implement CMA strategies to reduce carbon emissions and promote net-zero business practices. Originality/value The outcome of this study is unique and new, as the subject matter of this study is in the nascent stage. The outcome of this study may become a significant valid input for regulators and policymaking companies to gain knowledge about CMA practices and motivate them to integrate CMA practices as part of their sustainability initiatives.

Practices of Management Accounting Techniques in Service Sector Public Enterprises in Nepal

Management accounting is the act of making sense of financial and costing data and translating that data into useful information for management and officers within an organization. This research aims at examining the practice of management accounting and the major difficulties in applying management accounting tools in the public enterprises of the service sector of Nepal. It also tries to assess the impact of management accounting system on the performance of sampled organizations. The specific survey research has been followed with a descriptive-analytical approach. A structured questionnaire was used to collect primary data from the respondents which were analyzed by the multiple correlation and regression model. The study employed simple judgmental sampling procedure to draw the samples. Out of the seven public enterprises in Nepal that operate in the service sector five were selected as the samples. The results revealed that there is a significant impact of management accounting systems on organizational performance. The study suggested to implement the effective managerial tools and techniques a separate managerial accounting department should be established within an organization. The study also recommended that academicians who have better knowledge about MA tools and techniques should put in the effort to develop environmentally friendly tools and techniques into practice and also to keep management accounting information system. It helps to keep them informed from time to time about every aspect of MA and its application.

Navigating Sustainability A Bibliometric Analysis Of Carbon Management Accounting

In the era of increasing concerns over climate change and sustainable development, Carbon Management Accounting (CMA) research gains paramount attention. Previous studies focused on specific aspects of carbon accounting, leaving a gap in comprehensive exploration of CMA's holistic approach to sustainability challenges. This study aims to provide a comprehensive overview of the current state of CMA research and its implications for sustainability efforts. Bibliometric and network analyses, utilizing Harzing's Publish or Perish (PoP) and VOSviewer (VOS) software, 200 Scopus-indexed documents from 2013 to 2022 were examined. Performance analysis, citation analysis, journal analysis, and network analysis were employed to examine the field from research practice and system perspectives. From a practice-perspective, the analysis reveals CMA research as an "advancement," depicting progressive, impactful, and dynamism within the field. The system-perspective displays a “transformative” role characterized by prominence, synergy, and integration. Popular themes among researchers and countries include keywords like "carbon," "carbon accounting," "environmental policy," and "climate change." A significant gap between sustainability development and the carbon accounting model in CMA is identified, emphasizing the need for further integrated research. This study is pivotal for practitioners, policymakers, and researchers, aiding sustainability efforts and addressing global climate change.

Determinants of Financial Performance of Companies Listed on the Indonesian Institute For Corporate Governance

The aim of this study was to examine and analyze the impact of Environmental Management Accounting and Environmental Performance on Financial Performance. The study focused on companies that participated in the CGPI program, using secondary data from the period 2018-2023. The sampling method employed was purposive sampling, with a total of 12 companies and 72 data observations. The analysis was conducted using quantitative methods and Eviews panel data regression. The findings indicated that both Environmental Management Accounting and Environmental Performance had a significant positive effect on Financial Performance.

Problems and prospects for the development of Russian management accounting – Ten years later

Problems and prospects for the development of Russian management accounting – Ten years later

The Impact of Environmental Factors as Determinants of Abnormal Inventory Level: Decoding the Managerial Accounting Puzzle

The Impact of Environmental Factors as Determinants of Abnormal Inventory Level: Decoding the Managerial Accounting Puzzle

ANALYSIS OF THE EFFECT OF FINANCIAL RATIOS AND BANK SIZE ON NON-PERFORMING LOANS IN BANKS IN INDONESIA

This research was conducted on Conventional Banks Listed on the Indonesia Stock Exchange for the 2017-2021 Period. The study aims to determine the effect of financial ratios, and bank size on non-performing loans in conventional banks listed on the Indonesia Stock Exchange for the 2017-2021 period. The data collection method uses purposive sampling. Based on the criteria set, 35 companies were obtained. The type of data used is secondary data obtained from the website of each company. The measuring tool of this study uses Eviews 9. The analysis method used is panel data regression. Based on the results of the study: There is no effect of Loan to Deposit Ratio on Non-Performing Loans. There is no effect of Capital Adequancy Ratio on Non-Performing Loans. There is a positive effect of Operating Costs on Operating Income on Non-Performing Loans. There is no influence of Bank Size on Non-Performing Loans. This research is expected to benefit accounting in the implementation of financial management accounting learning. This research is also expected to contribute in the form of understanding for business actors in making investment decisions in the banking sector.

Exploring the Role and Impact of Strategic Management Accounting Tools: A Comprehensive Literature Review

Exploring the Role and Impact of Strategic Management Accounting Tools: A Comprehensive Literature Review

Digitalization and management accountants’ role conflict and ambiguity: A double-edged sword for the profession

This study investigates the relationship between the anticipated digitalization of the finance and control function and management accountants' (MAs') role conflict and ambiguity. Drawing on role theory, we argue that digitalization is associated with increases in MAs' role conflict and ambiguity because digitalization leads to adaptations in the established role templates of MAs and also introduces new templates for the digital age. We further argue that digitalization is associated with a stronger (weaker) increase in role conflict and ambiguity the more MAs have a watchdog (business partner) orientation. The reason is that the role templates for the digital age are less coherent and clear for watchdog-oriented MAs than for their business partner counterparts. We test our predictions using survey data from 242 MAs in Dutch for-profit firms. While we do not find that digitalization is associated with MAs’ role conflict and ambiguity per se, it is associated with more (less) role ambiguity and conflict for MAs with a relatively stronger watchdog (business partner) orientation. Digitalization may thus act as a double-edged sword for the management accounting profession. MAs focusing on the watchdog role may struggle in the digital age, while their business partner counterparts are set to benefit from digitalization.

The Complex Interplay Between Human Resource Management, Financial Literacy, and Management Accounting in Addressing Deviant Behavior and Fraud: A Systematic Literature Review

The Complex Interplay Between Human Resource Management, Financial Literacy, and Management Accounting in Addressing Deviant Behavior and Fraud: A Systematic Literature Review