Proceedings of 9th Asian Business Research Conference
20-21 December, 2013, BIAM Foundation, Dhaka, Bangladesh ISBN: 978-1-922069-39-9
Applications of Management Accounting Tools in Bangladesh: An
Exploratory Study
Mohammad Rokibul Kabir *, Mohammad Afjalur Rahman** and Mohammad
Yunus***
Management accountants must choose the right tools for the
specific context to make a decision based on their technical
knowledge, professional experience and judgment. Keeping the
necessity of management accounting in accurate decision
making for the business and lack of researches in this area,
especially in Bangladesh, this study aims at exploring the
extent to which the listed pharmaceutical companies in
Bangladesh are practicing management accounting tools in
making
managerial
decisions.
A
self-administrated
questionnaire had been developed and distributed among the
management accountants of the sample companies to identify
their current level of management accounting practices. The
survey includes 11 categories of management accounting tools
in applications which are split into operational, managerial and
strategic groups. Results were subsequently analyzed by using
statistical tools. The survey revealed that management
accountants use a number of tools, on average 35, across a
wide range of operational, managerial and strategic functions.
This demonstrates the wide range of organizational
performance for which the management accountant can
provide data.
Keyword: Management Accounting,
Pharmaceutical Companies
Operational,
Managerial and
Strategic Function,
_______________________________________________________________________
Mohammad Rokibul Kabir*, Assistant Professor, Department of Business Administration, International Islamic
University Chittagong. Bangladesh.Cell: +8801191555211, email: rakibais@yahoo.com
Mohammad Afjalur Rahman*, *Research Fellow and MBA Student of International Islamic University Chittagong.
Bangladesh. Email: m.ar_rahman@yahoo.com,
Mohammad Yunus***, Associate Professor, Department of Business Administration, International Islamic University
Chittagong. Bangladesh.