IFAC's Conception of the Evolution of Management Accounting
Advances in Management Accounting, Vol. 15, pp. 229-247, 2006
16 Pages Posted: 12 Mar 2009
Date Written: 2006
IFAC's Management Accounting Practice Statement Number 1, revised in 1998, is concerned with management accounting practices. This research note describes an operationalization of its conception of the evolution of management accounting. The paper is informed by experience in developing and applying an IFAC-based model to survey the stage of evolution of the management accounting practices in a United Kingdom industry sector. The model is intrinsically interesting and has the potential for replication in other contexts and in comparative cross-national, inter-industry or longitudinal studies.
Keywords: IFAC, Management Accounting Evolution
JEL Classification: M4
Suggested Citation: Suggested Citation