Management Accounting for Advanced Technological Environments
- 25 August 1989
- journal article
- research article
- Published by American Association for the Advancement of Science (AAAS) in Science
- Vol. 245 (4920) , 819-823
- https://doi.org/10.1126/science.245.4920.819
Abstract
Management accounting systems designed decades ago no longer provide timely, relevant information for companies in today's highly competitive environment. New operational control and performance measurement systems are recognizing the importance of direct measurement of quality, manufacturing lead times, flexibility, and customer responsiveness, as well as more accurate measures of the actual costs of consumed resources. Activity-based cost systems can assign the costs of indirect and support resources to the specific products and activities that benefit from these resources. Both operational control and activity-based systems represent new opportunities for improved managerial information in complex, technologically advanced environments.Keywords
This publication has 1 reference indexed in Scilit:
- The Rise and Fall of Management AccountingIEEE Engineering Management Review, 1987