Adoption, benefits and challenges of strategic management accounting practices: evidence from emerging market / Yap Kiew Heong Angeline ...[et al.]

Strategic Management Accounting (SMA) techniques were developed to provide information appropriate for decision making in changing internal and external environments. However, studies in the developed countries demonstrated that firms were slow to adopt such techniques. This study aims to identify t...

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Main Authors: Yap, Kiew Heong Angeline, Lee, Teck Heang, Said, Jamaliah, Yap, Saw Teng
Format: Article
Language:English
Published: Faculty of Accountancy 2013
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/12332/
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author Yap, Kiew Heong Angeline
Lee, Teck Heang
Said, Jamaliah
Yap, Saw Teng
author_facet Yap, Kiew Heong Angeline
Lee, Teck Heang
Said, Jamaliah
Yap, Saw Teng
author_sort Yap, Kiew Heong Angeline
building UiTM Institutional Repository
collection Online Access
description Strategic Management Accounting (SMA) techniques were developed to provide information appropriate for decision making in changing internal and external environments. However, studies in the developed countries demonstrated that firms were slow to adopt such techniques. This study aims to identify the types of management accounting practices currently adopted by Malaysian companies. Subsequently, this study is interested to identify benefits received from the current management accounting practices and challenges in implementing SMA techniques. Based on 118 responses received, the findings revealed that 55.1% of the sample companies adopted ten out of forty five management accounting techniques. This percentage indicates that the adoption rates for management accounting practices by Malaysian companies were relatively lower than other countries. Analysis of the findings also showed that the top five management accounting techniques used were related to traditional management accounting techniques. Those techniques were budgeting, breakeven analysis, variance analysis and cash flow. However, some companies started to adopt SMA techniques such as product profitability analysis, activity based costing, balanced scorecard and benchmarking practices.
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spelling uitm-123322022-07-05T04:16:33Z https://ir.uitm.edu.my/id/eprint/12332/ Adoption, benefits and challenges of strategic management accounting practices: evidence from emerging market / Yap Kiew Heong Angeline ...[et al.] apmaj Yap, Kiew Heong Angeline Lee, Teck Heang Said, Jamaliah Yap, Saw Teng Planning. Business planning. Strategic planning Balanced scorecard (Management) Strategic Management Accounting (SMA) techniques were developed to provide information appropriate for decision making in changing internal and external environments. However, studies in the developed countries demonstrated that firms were slow to adopt such techniques. This study aims to identify the types of management accounting practices currently adopted by Malaysian companies. Subsequently, this study is interested to identify benefits received from the current management accounting practices and challenges in implementing SMA techniques. Based on 118 responses received, the findings revealed that 55.1% of the sample companies adopted ten out of forty five management accounting techniques. This percentage indicates that the adoption rates for management accounting practices by Malaysian companies were relatively lower than other countries. Analysis of the findings also showed that the top five management accounting techniques used were related to traditional management accounting techniques. Those techniques were budgeting, breakeven analysis, variance analysis and cash flow. However, some companies started to adopt SMA techniques such as product profitability analysis, activity based costing, balanced scorecard and benchmarking practices. Faculty of Accountancy 2013-12 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/12332/1/12332.pdf Yap, Kiew Heong Angeline and Lee, Teck Heang and Said, Jamaliah and Yap, Saw Teng (2013) Adoption, benefits and challenges of strategic management accounting practices: evidence from emerging market / Yap Kiew Heong Angeline ...[et al.]. (2013) Asia-Pacific Management Accounting Journal (APMAJ) <https://ir.uitm.edu.my/view/publication/Asia-Pacific_Management_Accounting_Journal_=28APMAJ=29.html>, 8 (2). pp. 27-45. ISSN 1675-3194 https://apmaj.uitm.edu.my/
spellingShingle Planning. Business planning. Strategic planning
Balanced scorecard (Management)
Yap, Kiew Heong Angeline
Lee, Teck Heang
Said, Jamaliah
Yap, Saw Teng
Adoption, benefits and challenges of strategic management accounting practices: evidence from emerging market / Yap Kiew Heong Angeline ...[et al.]
title Adoption, benefits and challenges of strategic management accounting practices: evidence from emerging market / Yap Kiew Heong Angeline ...[et al.]
title_full Adoption, benefits and challenges of strategic management accounting practices: evidence from emerging market / Yap Kiew Heong Angeline ...[et al.]
title_fullStr Adoption, benefits and challenges of strategic management accounting practices: evidence from emerging market / Yap Kiew Heong Angeline ...[et al.]
title_full_unstemmed Adoption, benefits and challenges of strategic management accounting practices: evidence from emerging market / Yap Kiew Heong Angeline ...[et al.]
title_short Adoption, benefits and challenges of strategic management accounting practices: evidence from emerging market / Yap Kiew Heong Angeline ...[et al.]
title_sort adoption, benefits and challenges of strategic management accounting practices: evidence from emerging market / yap kiew heong angeline ...[et al.]
topic Planning. Business planning. Strategic planning
Balanced scorecard (Management)
url https://ir.uitm.edu.my/id/eprint/12332/
https://ir.uitm.edu.my/id/eprint/12332/