ojs2 has produced an error Message: WARNING: Invalid argument supplied for foreach() In file: /home/jab1/public_html/lib/pkp/classes/core/Core.inc.php At line: 149 Stacktrace: File: /home/jab1/public_html/lib/pkp/classes/core/Core.inc.php line 149 Function: PKPApplication->errorHandler(2, "Invalid argument supplied for foreach()", "/home/jab1/public_html/lib/pkp/classes/core/Core.inc.php", 149, Array(6)) File: /home/jab1/public_html/lib/pkp/classes/core/PKPRequest.inc.php line 463 Function: Core->isUserAgentBot("Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)") File: /home/jab1/public_html/plugins/generic/usageEvent/UsageEventPlugin.inc.php line 353 Function: PKPRequest->isBot() File: /home/jab1/public_html/plugins/generic/usageEvent/UsageEventPlugin.inc.php line 106 Function: UsageEventPlugin->_buildUsageEvent("TemplateManager::display", Array(5)) File: (unknown) line (unknown) Function: UsageEventPlugin->getUsageEvent("TemplateManager::display", Array(5)) File: /home/jab1/public_html/lib/pkp/classes/plugins/HookRegistry.inc.php line 89 Function: call_user_func(Array(2), "TemplateManager::display", Array(5)) File: /home/jab1/public_html/lib/pkp/classes/template/PKPTemplateManager.inc.php line 332 Function: HookRegistry->call("TemplateManager::display", Array(5)) File: /home/jab1/public_html/pages/article/ArticleHandler.inc.php line 224 Function: PKPTemplateManager->display("article/article.tpl") File: (unknown) line (unknown) Function: ArticleHandler->view(Array(2), Object(Request)) File: /home/jab1/public_html/lib/pkp/classes/core/PKPRouter.inc.php line 362 Function: call_user_func(Array(2), Array(2), Object(Request)) File: /home/jab1/public_html/lib/pkp/classes/core/PKPPageRouter.inc.php line 220 Function: PKPRouter->_authorizeInitializeAndCallRequest(Array(2), Object(Request), Array(2), False) File: /home/jab1/public_html/lib/pkp/classes/core/Dispatcher.inc.php line 134 Function: PKPPageRouter->route(Object(Request)) File: /home/jab1/public_html/lib/pkp/classes/core/PKPApplication.inc.php line 178 Function: Dispatcher->dispatch(Object(Request)) File: /home/jab1/public_html/index.php line 64 Function: PKPApplication->execute() Server info: OS: Linux PHP Version: 5.6.40-38+ubuntu18.04.1+deb.sury.org+1 Apache Version: N/A DB Driver: mysql DB server version: 5.7.33-0ubuntu0.16.04.1-log
The Future of Management Accounting: Regaining The Relevance Through Value-Creation and Human-Relations Perspective | Suwaldiman | Jurnal Akuntansi dan Bisnis

The Future of Management Accounting: Regaining The Relevance Through Value-Creation and Human-Relations Perspective

Suwaldiman Suwaldiman

##article.abstract##


This essay argues that the future of management accounting depends on the ability of management accountants and researchers to move it from cost focus to value-creation and human-relations perspective focus. This essay examines the historical goals of management accounting, the future environment of management accounting and control system, and regaining the relevance of management accounting through value-creation and human-relations perspective. The historical goal of management accounting development has been intended to provide an accurate costing system, controlling efficiency, gaining competitive advantage, and achieving organization goals (mainly on profit). Therefore, management accountants are still performing as the collector and presenter of financial data to help managers in decision-making rather than as part of the team of decision-maker. In contrast, the future global competition as the main part of the language of business is expected to continue in the future. The rapid change of technology seems to develop continuously to compress lead times for managerial decision-making and innovation. Furthermore, social stakeholders will pay attention on the corporate social responsibility such as human relationship between managers and employees, environmental sustainability, customers’ safety, and the role of firms and managers in achieving the macro or national economic goals. To regain the relevance of management accounting and to deal with the future, the roles of management accountants have to move from collector and presenter of financial data to team member and change agent. Human-relations perspective seems to be more important as the main part of management accounting and control system. If management accountants are not able to deal with value-creation and human-relations perspective, it is expected that management accounting will lose the relevance for the second time.

References


Barbera, M. (1996), “Management Accounting Futures”, Charter, December, pp. 66-68.

Chua, W.F. and Baxter, J. (1999), “Management Accounting-Beyond 2000”, Pacific Accounting Review, Vol 11 (2), pp. 55-65.

Cooper, R. (1996), “The Changing Practice of Management Accounting”, Management Accounting, Vol. 74 (3), March, pp. 26-35.

Horngren, C.T., Sundem, G.L. and Stratton, W.O. (1999), Introduction to Management Accounting, 11’st ed., New Jersey: Prentice Hall.

Johnson, H.T. and Kaplan, R.S. (1991), Relevance Lost: The Rise and Fall of Management Accounting, Boston: Harvard Business School Press.

Kaplan, R.S. (1984, “The Evolution of Management Accounting”, The Accounting Review, Vol. LIX (3), July, pp. 390-416.

MacDonald, L.D. and Richardson, A.J. (2002), “Alternative Perspective on the Development of American Management Accounting: Relevance Lost Induces Renaissance”, Journal of Accounting Literature, Vol. 21, pp. 120-156.

Macintosh, N.B. (1994a), “Management Accounting’s Dark Side: Part I”, CA Magazine, September, pp. 40-45.

Macintosh, N.B. (1994b), “Management Accounting’s Dark Side: Part II”, CA Magazine, November, pp. 32-37.

Markus, M.L. and Pfeffer, J. (1983), “Power and the Design and Implementation of Accounting and Control Systems”, Accounting, Organizations and Society, Vol. 8 (2/3), pp. 205-218.

McNair, C.J. (2000), “Viewpoint: 21st Century Cost Management: Defining and Shaping the Future of Cost Management”, Journal of Cost Management, Vol. 14 (5), September/October, Available URL: Proquest5000.

Mullins, L. (1981), “Behavioral Implications of Management Accounting”, Management Accounting, Vol. 59 (1), January, Available URL: Proquest5000.

Whitley, R. (1999), “Firms, Institutions and Management Control: The Comparative Analysis of Coordination and Control Systems”, Accounting, Organizations and Society, vol. 24, pp. 507-524.




DOI: http://dx.doi.org/10.20961/jab.v5i1.20

Jurnal Akuntansi dan Bisnis (JAB)
ISSN 1412-0852 (print), 2580-5444 (online)
Published by Accounting Study Program, Faculty of Economics and Business, Universitas Sebelas Maret, Indonesia


Creative Commons License
JAB on http://jab.fe.uns.ac.id/index.php/jab is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License

Visitor Statistic