WHICH COMPANIES HAVE IMPLEMENTED MANAGEMENT ACCOUNTING?

Management accounting system gives information about cost allocation for a profit measurement and inventory valuation, to help managers make a better decision and to use planning, control and performance measurement. This article is primarily concerned with the management accounting survey and seeks to identify the financial variables, whose amount is different for businesses that do not have implemented management accounting from companies with implemented management accounting. Several variables for analysis were selected from the balance sheet and the profit and loss statement, but the data were also surveyed on the basis of structured interviews, when it was determined whether companies have implemented management accounting or not, the form of management accounting, how they can break down the costs, how many employees they have or what are the average wage costs. Mann-Whitney U test was used to analyze these variables. On the basis of a statistic analysis (tested at a significance level of 0.05) it was found significant differences in the indicators as fixed assets, EBIT, EBIT, operating costs, EBIT per employee and annual turnover. These indicators have also on higher level the companies which have implemented management accounting.