CURRENT SITUATION OF APPLYING MANAGEMENT ACCOUNTING TO SMALL AND MEDIUM-SIZED MANUFACTURING COMPANIES IN HUNG YEN PROVINCE

Abstract

Management accounting is a useful tool for management in enterprises, especially in manufacturing companies. However, accounting systems in small and medium-sized manufacturing enterprises in Hung Yen area are currently focused only on the purpose of financial reporting. The use of management accounting systems to provide information for planning, controlling and decision making within those enterprises are very limited and cannot provide timely information and reliability for making decisions.
The examination of current status of applying management accounting system in small and mediumsized manufacturing companies in Hung Yen area provides a basis for assessing and exploring the reasons why management accounting is not effectively deployed in the region.