Đang chuẩn bị nút TẢI XUỐNG, xin hãy chờ
Tải xuống
Note that the above assumes ultimate collection of the premium. Billed premium that is later determined to be uncollectible may be written off in several different locations, based on the particular accounting system. For example, U.S. regulatory accounting treats such uncollectible amounts as negative “other income”, while they may be accounted for as underwriting expenses under GAAP accounting. Conceivably another possibility might be negative premium. The above discussion focused on premium revenue on a calendar period basis. Sometimes actuaries focus on policy year or underwriting year premium data instead. For such approaches, the focus. | Australian Journal of Business and Management Research Vol.1 No.4 01-07 July-2011 STRATEGIC MANAGEMENT ACCOUNTING - A MESSIAH FOR MANAGEMENT ACCOUNTING Haider Shah Corresponding author Principal lecturer Business School University of Hertfordshire Hatfield U.K AL10 8PN Email s.h.a.shah@herts.ac.uk Ali Malik Ssenior lecturer Business School University of Hertfordshire Hatfield U.K AL10 9AB Email m.a.1.malik@herts.ac.uk Muhammad Shaukat Malik Associate Professor Institute of Management Sciences Bahuddin Zakariya University Multan. Pakistan Email shoukatmalik@bzu.edu.pk ABSTRACT 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. New promises have been made that while the traditional management accounting failed to make use of strategic thinking and other qualitative aspects of management the new discipline is likely to make accounting more relevant and important for managers. The empirical evidence on successful diffusion of strategic management accounting is still not overwhelming. It is therefore yet to be seen if strategic management accounting can live up to its promise in future or not. Keywords Management strategic management cost accounting strategic management accounting decision making 1. INTRODUCTION Most textbooks of management accounting define the discipline in terms of its decision making role. It is generally stated that since managerial functions involve using information for better planning and control therefore management accounting is very important for effective and successful management at all levels. In this paper we review the role of management accounting and after identifying its limitations we examine the
