Working paper : Business value created by management accounting

Business value is the most important commodity of a modern successful business. Management accounting is a part of any business , do we really need it or can we live without it ? Is management accounting creating value or just consuming resources ?

Porter stated in his value chain concept that business support activities are contributing to the value creation process of a business organization. Management accounting is a classical business support activity that contributes to the business organization value chain. Can this value contribution be somehow determined or quantified? The present paper is highlighting one possible alternative to determine the value contribution by using value driven performance indicators

 

Full text of the working paper can be found at : https://mpra.ub.uni-muenchen.de/83093/

 

 

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