The History of Management Accounting
A study providing a review of the relevant literature to identify changes in methods of product costing, investment analysis and organizational performance evaluation.
# 75356 | 3,967 words | 14 sources | MLA | 2006 |
Published on Dec 11, 2006 in Accounting (Managerial) , Business (Accounting) , Business (Management)
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The paper is based on work by Robert N. Anthony that identified several significant changes in management accounting in recent years, providing an overview of management accounting and how it is used today. The paper discusses the need to go beyond cost accounting to integrate organization theory, behavioral sciences and information theory in a multidisciplinary approach to facilitate managerial decision-making.
From the Paper:"Clearly, managers today need timely information upon which to base informed decisions, and management accounting represents a solid framework in which this information can be gathered, analyzed, interpreted and communicated to those who are in a position to need to know. Not surprisingly, then, management accounting has become a hot topic in recent years, due in large part by the demands from governmental regulatory agencies such as the Securities and Exchange Commission and Internal Revenue Service, that require specific financial measures to be reported."
Cite this Research Paper:
The History of Management Accounting (2006, December 11) Retrieved October 20, 2019, from https://www.academon.com/research-paper/the-history-of-management-accounting-75356/
"The History of Management Accounting" 11 December 2006. Web. 20 October. 2019. <https://www.academon.com/research-paper/the-history-of-management-accounting-75356/>