Management Accounting Practices - Burns and Scapens Framework

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The changes in the global economy have been challenging organizations to tailor their practices needs to the new market reality. Technological, political, social, environmental, economic, financial changes, among others, have been demanding organizations to obtain indispensable and reliable information in due time to empower organizations in decision-making process and strategic management planning. Strategic management is designed aiming to provide organizations a strong sense of purpose and make sure that organizational goals are attained through proper actions that link internal resources to the external environment by exploring business strengths and not exposing weaknesses (Atrill & McLaney 2012). To achieve this, management accounting is a key tool that offers necessary informations that aid in process of decision-making, which is indispensable for organizational success. The constant changes in the business environment have had a strong impact on management accounting in practice. With interest in understanding how processes of management accounting change and how organizations establish management accounting practice, these issues became a subject of study for Burns and Scapens (Burns & Scapens 2000). At the time, within management accounting research, a wide range of theoretical diversity in fields as economics, organization theory, sociology, social theory, politics and social anthropology had certainly provided management accounting researchers with deeper insights into the nature of this area, however, with no deep impact on its practice (Scapens 2006). To obtain insights in organizational and management accounting change, researchers have been using numerous types of institutional theory, such as the new institutional economic (NIE), which concerns structures used to govern economic transactions; the new institutional sociology (NIS), which concerns

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