Premium
The Implementation of Innovative Management Accounting Systems
Author(s) -
CHENHALL ROBERT H.,
LANGFIELDSMITH KIM
Publication year - 1999
Publication title -
australian accounting review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.551
H-Index - 36
eISSN - 1835-2561
pISSN - 1035-6908
DOI - 10.1111/j.1835-2561.1999.tb00116.x
Subject(s) - benchmarking , activity based costing , balanced scorecard , management accounting , process management , premise , cost accounting , business , key (lock) , accounting , computer science , marketing , linguistics , philosophy , computer security
This paper reports on innovations in management accounting systems (MAS) in three Australian manufacturing enterprises. The study is based on the premise that systems characteristics of the MAS innovations develop in response to triggers for adoption, and the outcomes achieved from the innovative systems will depend on the effective implementation of the costing systems. The MAS innovations implemented include activity‐based costing, activity‐based management, benchmarking, integrated budgetary system, key performance indicators and balanced scorecards. Five factors influencing the successful implementation of innovative MAS are proposed: commitment to the initiatives; a successful pilot application; incremental development; appropriate training; and integration with other processes and systems.