Proceedings of 8th Annual London Business Research Conference
Imperial College, London, UK, 8 - 9 July, 2013, ISBN: 978-1-922069-28-3
Theoretical Perspective of the Application of a Cost
Accounting System (CAS) in Sri Lanka
Nagirikandalage, Padmi and Binsardi, A
Cost Accounting System (CAS) is the key financial control system which
monitors the results of all activities and all other control systems in an
organisation. Empirical evidence has shown that different factors such as
competition, changing dynamics, size, etc., have influenced on demand for
CAS. However, the evidences have shown mixed results and there is a
lack of evidence from the developing country or emerging economy context
as well. Hence, this research study aims to look at the theoretical
perspective of the application of a CAS in Sri Lanka.
The broad aim of the study is to identify the determinants of CAS and
obtain an in-depth analysis of the role of the CAS within an organisation in
an emerging economy such as that of Sri Lanka. The proposed
methodology for the research study is to carry out an external desk
research to analyse the existing reports available in Sri Lanka. The
determinant factors for the application of CAS such as competition
(Structure-Conduct-Performance (SCP) paradigm), size and changing
dynamics are being analysed as per the developing country context such
as that of Sri Lanka. The country’s economy has been booming since the
civil war ended in 2009 and therefore, the investments have been
increased hence has an impact on the organisations to consider in more
infrastructure investments such as technology which in turn tends to look
into implement new systems such as CAS as well.
Key words: Cost accounting systems, External desk research, SCP paradigm
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Nagirikandalage, Padmi and Binsardi, A
Email for correspondence: pradeepikaa@yahoo.com or a.binsardi@glyndwr.ac.uk