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Current Trends in Budgeting and Planning: Czech Survey Initial Results

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F16%3A43875162" target="_blank" >RIV/70883521:28120/16:43875162 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Current Trends in Budgeting and Planning: Czech Survey Initial Results

  • Original language description

    This paper presents the initial results of a survey of Czech companies' budgeting practices, which showed a high level of dissatisfaction with traditional budgeting methods, but also low willingness to change the current budgeting systems. Budgeting and planning are fundamental tools for management accounting, which have long taken center stage in most systems of management control. The prime limitation of traditional budgets lies in their inflexibility and inability to take on changes in the business environment that occur during the year. Strong criticism of traditional budgeting mechanisms was voiced by Hope and Fraser in 2003, who focused on the inability of these mechanisms to support organizational performance measurement. Such criticism resulted in new methods being introduced, such as activity-based budgeting and beyond budgeting.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

  • CEP classification

    AE - Management, administration and clerical work

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Others

  • Publication year

    2016

  • Confidentiality

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

Data specific for result type

  • Name of the periodical

    International Advances in Economic Research

  • ISSN

    1083-0898

  • e-ISSN

  • Volume of the periodical

    2016

  • Issue of the periodical within the volume

    22

  • Country of publishing house

    US - UNITED STATES

  • Number of pages

    2

  • Pages from-to

    99-100

  • UT code for WoS article

  • EID of the result in the Scopus database