Wednesday, July 27, 2011

Attributes of a good management-accounting system


The management accounting can be success if contains some attributes which enhance its process such as the following attributes: [Jan, Shahid, Homas and Arol 1999].
The management accounting can be success if contains some attributes which enhance its process such as the following attributes: [Jan, Shahid, Homas and Arol 1999].
Good management accounting information has three attributes:
?Technical—it enhances the understanding of the phenomena measured and provides relevant    information for strategic decisions.
?Behavioral—it encourages actions that are consistent with an organization’s strategic objectives.
?Cultural—it supports and/or creates a set of shared cultural values, beliefs, and mindsets in an organization and society.


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