Strategic management accounting provides financial information and analysis regarding product markets, competitors' costs, cost structures, and monitoring of firm strategy and competitor strategy (Bromwich, 1990). It assists the management team with better strategic decisions and organizational...

In 2008 Clayton Christensen, Stephen Kaufman and Willy Shih pointed the accusatory finger of wrong investment decisions to: ill documented cost information, incorrect application of financial decision making tools and short termism. Given that we have little literature systematically documenting...

Accounting conservatism is often used to measure an enterprise's earnings quality. This study adopted the accounting conservatism indicator of C-Score proposed by Khan and Watts (2009) to explore the correlation between the number of suppliers and customers and accounting conservatism and to...

Based on three case studies, a new Lean financial model is developed. This new model improves the organization by increasing Lean goal congruent behavior. The new financial (costing) model uses the waste categories known from Lean in order to create decision information for Lean decisions such...

No concept of corporate management has spread as quickly in global business practice as the Balanced Scorecard (BSC) by Robert S. Kaplan and David P. Norton. This discussion paper examines its origins, theoretical foundation, practical distribution and key points of criticism in the literature a...

Starting from the weaknesses of traditional formal cost accounting systems, this article describes a possible integrative model based on synergies between the Strategic Cost Management approach and some Lean Management tools. This approach has been designed therefore to help enhance the...