alireza kaab; Anzer R.N
Abstract
Today, budgets are considered by many as a powerful tool to conduct and control internal and external affairs of an organization. Nowadays, budget, budgeting and budgetary controls are the priority of every manufacturing and service entities. Top management in organizations using budgets as a tool to ...
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Today, budgets are considered by many as a powerful tool to conduct and control internal and external affairs of an organization. Nowadays, budget, budgeting and budgetary controls are the priority of every manufacturing and service entities. Top management in organizations using budgets as a tool to monitor and control the financial and non-financial activities occurs within their organization. The method of the current research is empirical which tests the feasibility of solution using empirical evidences based on the statistical applications. The study considered SENSEX 30 companies listed in Bombay Stock Exchange. Statistical population consisted of, 5 top-level managers from each company which will be 150 respondents, 8 mid-level managers from each company that would be 240 respondents and 12 lower-level supervisory cadres from each company, 360 respondents. The total population is 750 respondents. “Simple Random Sampling Technique” used in the current study. Primary Data were collected by using an Interview Schedule specifically developed for the purpose and is finalized after conducting the pilot survey. The collected primary data are validated, tabulated and classified. Secondary data were collected from published articles, the companies Act, Accounting Standards Manual published by the Institute of Chartered Accountants of India, Websites, journals and other Validate material. Annual report of the companies is used as a major source of secondary data. Data analysis is made by using Statistical Package for Social Sciences (SPSS) and interpretations are made on the basis of statistical tools.The results of research indicated the majority of Indian companies setting budgeting system in accordance of accounting standards. The results of the current study also show some significant factors that to be considered by organization while setting budgets are existed.
Hossein Salmanzadeh; Gholamreza Kordestani; Hossein Kazemi
Abstract
The management control system provides valuable information on the managers' needs at different levels of the organization. Today, with changes in the political, social and economic dimensions, the management control system in the public sector also needs to be changed and adapted to new conditions and ...
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The management control system provides valuable information on the managers' needs at different levels of the organization. Today, with changes in the political, social and economic dimensions, the management control system in the public sector also needs to be changed and adapted to new conditions and use new tools to meet stakeholders’ needs. The purpose of this study is to provide a model to investigate the role of the management control system and increase accountability in the public sector administrations and companies. In this regard, the present study explores the role of functions of management accounting in improving the management control system in the public sector. For this purpose, data were collected through interviewing 13 experts in the field of the management control system and functions of management accounting and reviewing related texts, articles and books in this field, and their content was analyzed through grounded theory and content analysis method and MAXQDA 2021 software was used for data analysis in 1399. The findings of this study showed that a management control system, if it has the necessary tools, can play a key role in preventing corruption, increasing transparency and accountability, performance-based budgeting, and performance-based auditing. The existence of a management control system is necessary for any organization; such a system will help identify resource flow, help management in decision making, motivate employees, make decisions related to outsourcing and contracting, reduce service delivery time, and many other issues in organizations, and it will ultimately lead to optimally allocate resources, prevent corruption, and increase legitimacy, transparency and accountability, Therefore, the optimal use of management accounting in the management control system, improves the achievement of organizational goals and the effectiveness of programs