Risk management, risk determination and risk assessment have historically been dealt with explicitly in accounting, and accounting related fields of study in the areas of financial accounting, finance and audit areas. However, in management accounting, risk management has predominantly been an...

It could be argued that, without humans there is no organisation. Until now, and into the foreseeable future, machines will still require humans to design them and to switch them on. The conditions portrayed in the movie trilogy the Matrix have yet to come to fruition. Traditionally, while...

In prior chapters, a phrase something like 'without customers there is no business and no organisation' has been regularly stated in a range of forms. Oddly, the significance of this phrase is not greatly reflected in either management accounting or marketing texts and the teaching of these...

Throughout this book, different aspects of organisational value have been examined. In Chapter 2, the notion of a strategy based value chain (SBVC) was introduced as represented in Figure 11.1. In Chapter 3, which examines organisational decision making, some of the significant external business...

The Public Sector Accounting Standards Board (PSASB) has developed accounting standards for the public sector in Australia. A procedural 'due process' has been developed to protect the openness, neutrality and independence of Australian accounting standard-setting both in the private and public...

We examine the impact of continuous disclosure regulatory reform on the likelihood, frequency and qualitative characteristics of management earnings forecasts issued in New Zealand?s low private litigation environment. Using a sample of 720 earnings forecasts issued by 94 firms listed on the New...

This study is motivated by the apparent reluctance of Australian urban water entities to adopt the user pays pricing formula despite strong encouragement by Australian Governments to do so. Elements of contingency theory, political cost theory and transaction cost economics are employed in...

Purpose: The development of a risk-focused performance management system (PMS)planning framework for organisations undergoing externally-driven regulatory change within a constrained operating environment. Methodology/Approach: This study focuses on New Zealand electricity generators and...

The objective of this paper is to generate debate about the current status of the practice and teaching of management accounting. In order to focus that debate in moving management accounting forward, the concepts of strategy based accounting (SBA) and a strategy based value chain (SBVC) are...

Uncertainty is the core variable in any contingency theoretical framework (Chapman, 1997; Donaldson, 2001). Many reviews however have claimed that the accounting literature lacks a comprehensive framework for analysis of the relationship between uncertainty and MCS (Otley, 1980; Dent, 1990; Chapman, 1997;...