The change in management accounting in the Czech Republic from institutional and contingency perspectives

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F25940082%3A_____%2F16%3AN0000012" target="_blank" >RIV/25940082:_____/16:N0000012 - isvavai.cz</a>

Result on the web

<a href="https://msed.vse.cz/msed_2016/article/86-Jindrichovska-Irena-paper.pdf" target="_blank" >https://msed.vse.cz/msed_2016/article/86-Jindrichovska-Irena-paper.pdf</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

The change in management accounting in the Czech Republic from institutional and contingency perspectives

Original language description

This research investigates the current status of managerial accounting in the Czech Republic on the background of current state of IFRS adoption. Based on the questionnaire survey we collect the responses of financial managers of Czech firms regarding the current state of IFRS adoption and concerning the usage of managerial accounting concepts and procedures perceived interconnections with financial reporting. We use the contingency and institutional theories to explain the background. The conclusion of our research implies that the changes in the management accounting system of the Czech companies took place in the same time with the institutionalization of some of its elements, which were based already in the previous regime and newly modified with opening of the country and internationalization of economic flows. Corporations ́management accounting systems were modeled by contingencies. The results show that there is only minor impact of the IFRS implementation process on managerial accounting in the Czech Republic but management accounting on its own has a long tradition and even nowadays it helps to solve practical in-company problems and provides approaches to increase the firm value. The practical in-company problems are based on particular firm ́scontingencies stemming for management style and ownership structure of each specific business.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

50205 - Accounting

Project

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Continuities

N - Vyzkumna aktivita podporovana z neverejnych zdroju

Publication year

2016

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

The 10th International Days of Statistics and Economics: Conference Proceedings

ISBN

978-80-87990-10-0

ISSN

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e-ISSN

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Number of pages

10

Pages from-to

745–754

Publisher name

Melandrium

Place of publication

Slaný

Event location

Praha

Event date

Sep 8, 2016

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

000389515100074