Authors: George Angelakis, Nikolaos Theriou, Iordanis Floropoulos, Athanasios Mandilas
This study investigates the extent to which Greek firms have implemented various traditional and currently developed management accounting practices, the benefits received from those practices and the intentions to focus on specific practices in the future.
The findings indicate, that, overall the rates of adoption of traditional management accounting practices were marginaly higher than the currently developed techniques.
However, there were techniques such as budgeting and formal strategic planning, which were more widely practiced than those found in previous surveys.
Also evidence suggests that firms are willing to place greater emphasis in the future on currently developed techniques instead the traditional ones, particularely performance evaluation techniques and strategic management accounting.
Key Words: management accounting, performance measurement, benchmarking, strategic management accounting
Full Article: DOWNLOAD