The Impact of Management Accounting Practices on Firm Performance: A Conceptual Framework

Abstract

Management accounting plays an important role in providing useful information to help managers make decisions on using resources, planning, controlling, and evaluating performance to create competitive advantages and improve firm performance. However, many research results show inconsistencies in the relationship between management accounting practices (MAPs) and firm performance. The study is based on the contingency theory and the resource-based view to proposing a conceptual framework highlighting the impact of management accounting practices on firm performance based on the balanced scorecard perspectives (BSC).

Keywords: management accounting practices, firm performance, balanced scorecard, conceptual framework

DOI: 10.7176/RJFA/15-6-05

Publication date: June 30th 2024