Management Accounting - Research Agenda for the Next Decade

Abstract

Management accounting practices in countries like India are still to catch up with management accounting practices in USA and other developed countries. The reason is that they do not face global competition. For example, Indian firms started facing competition from global firms only after opening up of the Indian economy only two decades back. As a result management accounting research is also scarce in India. Even now research in management accounting has not picked up because research with soft data not available publicly is resource intensive – in terms of money, efforts and time. Moreover, unlike USA, companies in India do not support research initiatives in the area of management accounting. Therefore, professional bodies like the Institute of Cost Accountants of India should sponsor research in the area of management accounting.

This article presents an agenda for research in the area of management accounting. 

Keywords: management accounting, performance management, sticky cost, strategy, transfer pricing

JEL Classification: M40