By Stephan Leitner
One of the most goals of administration accounting is to supply managers with exact info which will offer a very good foundation for decision-making. there's facts that the knowledge supplied via administration accounting platforms (MAS) is distorted and the incidence of biases in accounting details is extensively accredited between clients of MAS. whilst, the depth and the frequency of use of MAS elevate, too. therefore, the standard of the supplied info is necessary. the point of interest of this simulation learn is twofold. at the one hand, the effect of the sophistication of conventional costing structures on mistakes propagation in terms of a suite of enter biases is investigated. nevertheless, the effect of unmarried and a number of enter biases at the caliber of the knowledge supplied by means of conventional costing structures is targeted. so that it will examine the learn questions, a simulation process is applied.
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Extra resources for Information Quality and Management Accounting: A Simulation Analysis of Biases in Costing Systems
Additionally, Buhaisi (2011) refers to Chadwick (1993) who outlines that accounting information captures all information which assists management in achieving objectives, formulating policies, monitoring and assessing performance, evaluating alternative scenarios, making plans, controlling operations, taking account of behavioral factors and a variety of other problems. Hansen and Mowen (1994) review which trends the outlined changes in the management accounting profession might be due to and conclude that (1) justin-time manufacturing and emphasis on quality, (2) a higher diversity in product ranges and short product-life-cycles and (3) advances in information technology and computer integrated manufacturing are the main factors that drive the changes outlined above.
Adm Sci Q 26(2):171–186 Feltham GA (1968) The value of information. Account Rev 43(4):684–696 Ferstl OK, Sinz EJ (2008) Grundlagen der Wirtschaftsinformatik, 6 edn. Oldenbourg, M¨unchen Gambling T (1987) Accounting for rituals. Account Organ Soc 12(4):319–329 Gosselin M (1997) The effect of strategy and organizational structure on the adtoption and implementation of activity-based costing. Account Organ Soc 22(2):105–122 G¨otze U (2010) Grundlagen der Kostenrechnung. Kostenrechnung und Kostenmanagement.
1981) show that this role of management accounting does not solely capture behavior control but also the control of agendas and issues. Finally, for the (8) repressing/dominating/ideological role, Kelly and Pratt (1992) argue that managers are in charge of protecting the interests of the owners of the organization. This involves understanding the relationship between managers, shareholders, capital and labour. Kelly and Pratt (1992) note that the words repressing, dominating and ideological, which are mainly used in a societal perspective of management accounting, might give way to terms like control, management and objectives.