the evolution of management accounting
Abstracts
This paper starts with introducing importance of management accounting literature and reviews the historical development of cost accounting from 1850 through 2000, includes origin of management accounting and controlling practices. In addition it identifies the management accounting theoretical development, and the main critiques that shapes the development of management accounting, thus creating a ground for future research or reviews. As well as it presents challenge existed in the field and concludes by advocating field-based research to discover the innovative practices being introduced by organizations successfully adapting to the new organization and technology of manufacturing.
1. Introduction
1.1 Importance of knowing the literature
A wealth of literature exists regarding the historical development and evolution of management accounting so accountants have many reasons to study this literature. It helps them to understand the sources of many of today 's practices; it leads to rediscovery of old ideas that have been lost. It enables one to support proposal with past writings quoting from an important work and can help them to sell a proposal or give credence to an idea. As with study of any literature, it provides accountants with opportunities to improve their verbal abilities, both written and oral and familiarizes accountants with the intellectuals and innovators who have shaped how account proactive their profession in addition it illustrates the state of the professionalism of the field and leads them to an awareness of the controversial topics in the field. Most solid management accounting evolution researchers were: Solomons ((1954); Chatfield (1977); Chandler (1977); Parker (1980); Johnson & Kaplan (1987) ; Hopwood (1987); Hockin & Marcve (1988); Loft, (1995); Okano & Suzuki (2007) cited on (Darius Gliaubicas (2012)). This term paper tries to present summary of evolution of management accounting in regions that had the
This paper starts with introducing importance of management accounting literature and reviews the historical development of cost accounting from 1850 through 2000, includes origin of management accounting and controlling practices. In addition it identifies the management accounting theoretical development, and the main critiques that shapes the development of management accounting, thus creating a ground for future research or reviews. As well as it presents challenge existed in the field and concludes by advocating field-based research to discover the innovative practices being introduced by organizations successfully adapting to the new organization and technology of manufacturing.
1. Introduction
1.1 Importance of knowing the literature
A wealth of literature exists regarding the historical development and evolution of management accounting so accountants have many reasons to study this literature. It helps them to understand the sources of many of today 's practices; it leads to rediscovery of old ideas that have been lost. It enables one to support proposal with past writings quoting from an important work and can help them to sell a proposal or give credence to an idea. As with study of any literature, it provides accountants with opportunities to improve their verbal abilities, both written and oral and familiarizes accountants with the intellectuals and innovators who have shaped how account proactive their profession in addition it illustrates the state of the professionalism of the field and leads them to an awareness of the controversial topics in the field. Most solid management accounting evolution researchers were: Solomons ((1954); Chatfield (1977); Chandler (1977); Parker (1980); Johnson & Kaplan (1987) ; Hopwood (1987); Hockin & Marcve (1988); Loft, (1995); Okano & Suzuki (2007) cited on (Darius Gliaubicas (2012)). This term paper tries to present summary of evolution of management accounting in regions that had the
Bibliography: M .Shotter (1999): ‘the origin and development of management accounting’, Meditari AccountancyResearchvol.71 999:p .209-235 accessed on 24 November2013 Johnson, H Harvard Business School Press Darius Gliaubicas(2012): ‘the research of management accounting evolution’, Vilnius University, Lithuania, journals of economics and management 2012:17(1)p 22-28 accessed on 24 November 2013 International federation of accountants (IFAC), (1998). International management accounting practice statement: Management accounting concepts