Toward Cognitive Management Accounting

Strategic Management Accounting – a Messiah for Management Accounting?

When management accounting was introduced as an advanced version of cost accounting after second world war its early advocates had claimed that it would make accounting more useful in assisting managers in their decision making function. As the discipline has failed to live up to the promise now strategic management accounting has been presented as a messiah for the discipline of accounting. Ne...

^<^pa ^ toward a Functional Accounting System. Part I; Accounting Variances and Staiistical Variance Analysis toward a Functional Accounting System; Part I: Accounting Variances and Statistical Variance Analysis

On another occasion we sketched the general characteristics of an integrated accounting system of the future. The criteria that we set before us in developing such a system were two fold. We wanted first of all to provide management with routine quantitative information, useful in analyzing the efficacy of existing organizational configurations, and second we felt that such information should b...

Toward a Functional Accounting System ; Accounting Variances and Statistical Variance Analysis toward a Functional Accounting System; Accounting Variances and Statistical Variance Analysis

The functions of accounting and statistics are in most respects similar, These fields are both tools, concerned with the processes of measurement, collection of data, analysis and decision making. In performing their functions both accounting and statistics rely heavily on signals generated by variations from expected performance. Even in their manifested differences these two fields are at wor...

Information Security Management Accounting

Statements on Management Accounting

This statement was approved for issuance as a Statement on Management Accounting by the Management Accounting Committee (MAC) of the Institute of Management Accountants (IMA®). IMA appreciates the collaborative efforts of the Finance Business Solutions Center at Arthur Andersen LLP and the work of Dr. C.J. McNair, CMA, of Babson College, who drafted the manuscript. Special thanks go to Randolf ...