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

Kód výsledku v 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>

Výsledek na webu

<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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Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

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

Popis výsledku anglicky

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.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50205 - Accounting

Projekt

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Návaznosti

N - Vyzkumna aktivita podporovana z neverejnych zdroju

Rok uplatnění

2016

Kód důvěrnosti údajů

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

Název statě ve sborníku

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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Počet stran výsledku

10

Strana od-do

745–754

Název nakladatele

Melandrium

Místo vydání

Slaný

Místo konání akce

Praha

Datum konání akce

8. 9. 2016

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000389515100074