Management Accounting Practices in Selected Asian Countries Case Assignment
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Management Accounting Practices in Selected Asian Countries Case Assignment
Maliah Sulaiman, Nik Nazli Nik Ahmad, and Norhayati Mohd Alwi, “Management Accounting Practices in Selected Asian Countries: A Review of the Literature,” Managerial Auditing Journal, Vol. 19, Issue 4, 2004, pp. 493-508; Maliah Sulaiman, Nik Nazli Nik Ahmad, and Norhayati Mohd Alwi, “Is Stan- dard Costing Obsolete? Empirical Evidence from Malaysia,” Managerial Auditing Journal, Vol. 20, Issue 2, 2005, pp. 109-124.
8 It is worth noting that even if we were to differentiate between foreign and local companies by surveying companies from the free zones and the rest of Dubai, we would have a sampling problem because the number of companies in the free zones is by far lower than the number of companies in the rest of Dubai.
9 The survey was conducted from May 2007 to April 2008, and questionnaires were e-mailed to 400 companies listed in the Dubai Chamber of Commerce & Industry (DCCI) 2006-2007 Directory. The response rate was poor even after four reminders within six months. The questionnaires were resent by mail to the heads of the management accounting depart- ments of 270 companies, of which, 140 companies were from the industrial sector and 130 from the services and retail sector. A series of follow-ups resulted in a response rate of 41% and 32%, respectively.
10 Colin Drury, Steve Braund, and Paul Osborne, A Survey of Management Accounting Practices in U.K. Manufacturing Companies, Chartered Association of Certified Accountants, London, England, 1993.
11 A sample of the questionnaire is available from the authors.
12 A criterion of ≤500 MDhs is considered for treating such com- panies as SMEs.
13 One of the issues related to the collection of primary data is the likelihood that the survey questionnaires that were received late might indicate no responses or unreliable responses because managers might fill out the questionnaire just for the sake of it because of their preoccupation. In other words, these late responses may not reflect what is actually happening at the firm, let alone the current practice. We tested for the existence of a nonresponse bias using the Mann- Whitney U test by selecting the first 10 and the last 10 responses. We computed the mean response scores for each question to test whether the differences in the means were sta- tistically significant across the two subsamples. Our analysis rejected the null hypothesis to conclude that our data does not suffer from the nonresponse bias.
14 This may be due to the fact that the U.K. study was conduct- ed in the beginning of the 1990s when the use of information technology was very limited.
FURTHER READING Mohammed Al-Omiri and Colin Drury, “A Survey of Factors
Influencing the Choice of Product Costing Systems in U.K. Organizations,” Management Accounting Research, December 2007, pp. 399-424.
Trond Bjørnenak, “Diffusion and Accounting: The Case of ABC in Norway,” Management Accounting Research, March 1997, pp. 3-17.
Robert A. Bonsack, “Does Activity-Based Costing Replace Stan- dard Costing?” Journal of Cost Management, Winter 1991, pp. 46-47.
James A. Brimson, “An ABC Retrospective: ‘Mirror, Mirror on the Wall…,’” Cost Management, March/April 2007, pp. 45-47.
Carole B. Cheatham and Leo R. Cheatham, “Redesigning Cost Systems: Is Standard Costing Obsolete?” Accounting Horizons, December 1996, pp. 23-31.
Colin Drury, Steve Braund, and Paul Osborne, A Survey of Manage- ment Accounting Practices in U.K. Manufacturing Companies, Char- tered Association of Certified Accountants, London, England, 1993.
Richard K. Fleischman and Thomas N. Tyson, “The Evolution of Standard Costing in the U.K. and U.S.: From Decision Making to Control,” Abacus, March 1998, pp. 92-119.
Ashish Garg, Debashis Ghosh, James Hudick, and Chuen Nowacki, “Roles and Practices in Management Accounting Today,” Strategic Finance, July 2003, pp. 30-35.
Chris Guilding, Dawne Lamminmaki, and Colin Drury, “Budget- ing and Standard Costing Practices in New Zealand and the United Kingdom,” The International Journal of Accounting, May 1998, pp. 569-588.
Don R. Hansen and Maryanne M. Mowen, Managerial Accounting, Thomson/South-Western, Mason, Ohio, 2002.
Ronald W. Hilton, Managerial Accounting: Creating Value in a Dynamic Business Environment, McGraw-Hill/Irwin, Boston, Mass., 2002.
Toshiro Hiromoto, “Another Hidden Edge: Japanese Manage- ment Accounting,” Harvard Business Review, July-August 1988, pp. 22-26.
10M A N A G E M E N T A C C O U N T I N G Q U A R T E R L Y W I N T E R 2 0 1 0 , V O L . 1 1 , N O . 2
John Innes and Falconer Mitchell, “A Survey of Activity-Based Costing in the U.K.’s Largest Companies,” Management Account- ing Research, June 1995, pp. 137-153.
International Federation of Accountants, International Management Accounting Practice Statement: Management Accounting Concepts, IFAC, New York, N.Y., 1998.
- Thomas Johnson, Relevance Regained: From Top-Down Control to Bottom-Up Empowerment, Free Press, New York, N.Y., 1992.
- L. Joshi, “The International Diffusion of New Management Accounting Practices: The Case of India,” Journal of Interna- tional Accounting, Auditing and Taxation, Spring 2001, pp. 85-109.
- Thomas Johnson and Robert S. Kaplan, Relevance Lost: The Rise and Fall of Management Accounting, Harvard Business School Press, Boston, Mass., 1987.
Yutaka Kato, “Target Costing Support Systems: Lessons from Leading Japanese Companies,” Management Accounting Research, March 1993, pp. 33-47.
Mike Lucas, “Standard Costing and Its Role in Today’s Manufacturing Environment,” Management Accounting, April 1997, pp. 32-34.
David Lyall and Carol Graham, “Managers’ Attitudes to Cost Information,” Management Decision, Vol. 31, Issue 8, 1993, pp. 41-45.
Teemu Malmi, “Activity-Based Costing Diffusion Across Organizations: An Exploratory Empirical Analysis of Finnish Firms,” Accounting, Organizations and Society, November 1999, pp. 649-672.
Leslie S. Oakes and Paul J. Miranti, Jr., “Louis D. Brandeis and Standard Cost Accounting: A Study of the Construction of His- torical Agency,” Accounting, Organizations and Society, August 1996, pp. 569-586.
Bernard Pierce and Tony O’Dea, Management Accounting Practices in Ireland: The Preparers’ Perspective, Dublin City University Busi- ness School, Dublin, Ireland, 1998.
Maliah Sulaiman, Nik Nazli Nik Ahmad, and Norhayati Mohd Alwi, “Management Accounting Practices in Selected Asian Countries: A Review of the Literature,” Managerial Auditing Journal, Vol. 19, Issue 4, 2004, pp. 493-508.
Maliah Sulaiman, Nik Nazli Nik Ahmad, and Norhayati Mohd Alwi, “Is Standard Costing Obsolete? Empirical Evidence from Malaysia,” Managerial Auditing Journal, Vol. 20, Issue 2, 2005, pp. 109-124.
Anna Szychta, “The Scope of Application of Management Accounting Methods in Polish Enterprises,” Management Accounting Research, December 2002, pp. 401-418.
Hema Wijewardena and Anura De Zoysa, “A Comparative Analy- sis of Management Accounting Practices in Australia and Japan: An Empirical Investigation,” The International Journal of Accounting, Vol. 34, Issue 1, 1999, pp. 49-70.
Anura De Zoysa and Siriyama Kanthi Herath, “Standard Costing in Japanese Firms: Reexamination of its Significance in the New Manufacturing Environment,” Industrial Management & Data Systems, Vol. 107, Issue 2, 2007, pp. 271-283.
Management Accounting Practices in Selected Asian Countries Case Assignment
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