Utilizing Strategic Management Accounting Techniques (SMATs) for Sustainability Performance Measurement (original) (raw)

The Impact of Environmental Accounting on Strategic Management Accounting: A Research on Manufacturing Companies

The aim of this study is investigating the sensitivity of manufacturing companies operating in the organized industrial zone of Diyarbakır to environmental issues and environmental accounting approaches within the scope of social responsibility accounting as well as investigating the applicability of these concepts in the enterprises and as a result their impacts on strategic management accounting. According to the basic findings of the research and their responses to environmental accounting concepts and approaches, it is believed that enterprises applying environmental accounting get a competitive advantage and the added value of the company also increases as a result of the concept of social responsibility.

Examining the Impact of Environmental Management Accounting on Achieving Sustainable Competitive Advantages

2020

This study aims to examine the impact of environmental management accounting (EMA) on achieving sustainable competitive advantages which are sustainable cost leader advantage, sustainable differentiation advantage and sustainable market segmentation advantage. A questionnaire based on five-point Likert scale was designed and developed to collect the data. The study population consists of the manufacturing sector and the sample covered employees from different levels of the hierarchy. The number of responses received is 148. The SPSS has been used to analyze the data and give judgment on the hypotheses. The results show a strong statistically significant impact of EMA on sustainable cost leader advantage, sustainable differentiation advantage and sustainable market segmentation advantage. The sample of study consists of the employees of the largest six manufacturing companies in Bahrain. The results of the study indicate that the use of environmental management accounting increases t...

Sustainability Management Accounting System (SMAS): towards a conceptual design for the manufacturing industry

Proceedings of the 2010 AFAANZ …, 2010

The study reported in this paper aims to identify an effective management accounting system using sustainability accounting concept for environmental and social cost measurement to add value to organizations. The motivation for undertaking this research is driven by the current practice of activity based costing (ABC), which has not identified and allocated costs of environment and social impacts to a single production activity. This has resulted in inaccuracies in cost accounting information when preparing environmental and social performance disclosures for internal management decisions, as well as external disclosures. This study therefore develops a conceptual model for a Sustainability Management Accounting System (SMAS) to improve the identification and measurement of environmental and social impact costs. A SMAS also provides sustainable organizations with a way to enhance cost allocation and analysis efficiently, thus creating more accurate cost accounting information for management decisions and reporting disclosure purposes. This paper describes preliminary work undertaken to date. Currently, it would appear that most Australian firms fail to report on their environmental performance, however, social indicators make it increasingly important for organisations to embrace corporate social reponsibility in their financial reporting and disclosure. Further, the results of quantitative data anlaysis will be used to identify an effective management accounting of sustainable organizations while supporting the development of a SMAS conceptual model.

The Use of Strategic Management Accounting Techniques (SMATs) in Sustainability Performance Measurement for Corporate Governance in Nigeria

The present study was conducted to determine whether the use of strategic management Accounting Techniques (SMAT) is capable of providing Managers with information for sustainability in corporate governance. A survey was carried out using a well-structured questionnaire with questions on five point Likert format. The questionnaire was administered on one hundred and five Management staff specialized in Accounting and management related disciplines across product sector organizations. Primary data was gathered from the one hundred and five respondents and multiple regression technique was used for analysis. Our findings revealed the need for managers to employ strategic management accounting techniques (SMATs) to enable them identify, accumulate and manage social and environment costs of their activities for good corporate governance in Nigeria.

Sustainability accounting—a brief history and conceptual framework

Research linking accounting to the emerging concept of sustainability surfaced in the early 1990s and has received continuing attention in academic and professional accounting literature. This paper tracks this brief history through to the release of the Sustainability Reporting Guidelines at the World Summit on Sustainable Development in August 2002, consolidating the various approaches into a sustainability accounting framework. The result is a comprehensive reporting model that presents an enormous challenge to business organisations, requiring a significant commitment of resources to achieve widespread implementation. Failure to meet this challenge enables business organisations to continue to avoid accountability for their continuing unsustainability. The paper concludes with a personal view as to how implementation of the sustainability accounting framework could proceed.

Sustainability Strategy and Accounting in the light of broadening perspectives and hope for better results

The EMAN conference 2016 celebrated EMAN's 20 th anniversary. Various publications have been issued. Many companies have introduced policies and practices that relate to sustainability. That explains the further attention in research given to management tools such as the Balanced-Scorecard and the development of business models in which sustainability can be given a prominent place. The paper explores various areas in which sustainability management accounting could make further contributions.

Exploring Corporate Practices in Management Accounting for Sustainability

2013

business with COnFiDenCe icaew.com/academic iCAew promotes and funds, through its charitable trusts, high-quality independent academic research of interest to the accountancy profession and the wider business community. this publication was produced with the help of a grant from iCAew's charitable trusts. these trusts support educational projects in accountancy and related subjects. All research reports and briefings published under the iCAew's charitable trusts imprint are independently refereed before publication. the kind permission of edward elgar Publishing. table 1 is reproduced from burritt, R.L., hahn, t. and schaltegger, s. (2002), 'towards a comprehensive framework for environmental management accounting. Links between business actors and environmental management accounting tools', Australian Accounting Review, 12(2), 39–50, with the kind permission of AAR and wiley-blackwell. All rights reserved. if you want to reproduce or redistribute any of the material...

Towards A Consistent System of Sustainable Management Accounting for Enhancing Decisions Making: An Experimental Study

مجلة المحاسبة والمراجعه لاتحاد الجامعات العربیه, 2018

Given the important role that properly designed sustainable management accounting (SMA) may play in helping firms to face their social and environmental responsibilities better, there is little evidence about how management accounting system to support sustainable decisions-making within companies. We suggested a consistent system of SMA, which could be used to study the research topic empirically. An experimental study was carried out focusing on the basic idea that whether the availability of sustainable cost information affects the willingness of managers to take sustainable considerations into account in their sustainable decisions and to align their processes with sustainability goals in the context of two alternatives of company s' accounting systems. Data collected by taking responses from a variety of managers in a sample of large companies operating in Egypt. The evidence reported here reveals that when sustainability cost information is available to managers at various stages of the supply chain, they are more willing to take sustainable decisions and align their processes with sustainability goals in the case of using the alternative of SAMS. We leverage these findings into a series of research questions to stimulate the interests of accounting academics for future accounting or interdisciplinary research in sustainability. These results have several implications for public policy in Egypt and accounting practice. Also, it allows researchers to develop a better theory of how to build decision-focused sustainability management accounting system to improve competitiveness and create long-term firm value.

Corporate sustainability accounting: a nightmare or a dream coming true?

Business Strategy and the Environment, 2006

Corporate sustainability accounting reflects the need to draw managers into debates and actions about corporate sustainability. Four different views of the term can be discerned: a voguish buzzword; a broad umbrella term; a single monetary measure and a pragmatic decision support tool. It is argued that two paths towards the further development of sustainability accounting seem to be available -top down and stakeholder driven. seem to dominate the literature on corporate sustainability. From a management perspective two paths towards a pragmatic goal driven way to sustainability accounting appear to be available: first, an entirely new system of sustainability accounting, and second, an extension of, or modification to, conventional financial, cost, or management accounting.