Acta Univ. Agric. Silvic. Mendelianae Brun. 2016, 64(4), 1383-1392 | DOI: 10.11118/actaun201664041383

The Contingency Factors Affecting Management Accounting in Czech Companies

Ladislav Šiška
Department of Management Accounting, Faculty of Finance and Accounting, University of Economics, Prague, Winston Churchill Square 4, 130 00 Prague, Czech Republic

Management accounting practices and the contingency factors affecting their application were subject of many complex studies, but none of them was carried out in the Czech Republic. That is why the article focuses on practices applied in Czech companies. Four different categories of management accounting practices (cost classifications, operational budgeting, operational performance reporting and strategic management accounting methods) were investigated based on survey data from companies domiciled in the Czech Republic. To get comparable results, respondents of the survey were asked questions developed and used by the other researchers (Henri 2006, Jansen et al. 2006, Widener 2007) for identification of significant contingency factors in the countries with developed markets. Factor and regression analyses were applied to process data gathered through survey. Results confirm that the Czech Republic - although sometimes considered to be economy with emerging markets - shows similar significant contingency factors affecting management accounting (MA) practices as companies in the developed countries do.

Keywords: contingency theory, management accounting practices, cost classifications, budgeting, reporting, strategic management accounting
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This paper was supported by institutional research subsidy of the University of Economics, Prague and its Internal Grant Agency (project F1/13/2015).

Prepublished online: August 30, 2016; Published: September 1, 2016  Show citation

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Šiška, L. (2016). The Contingency Factors Affecting Management Accounting in Czech Companies. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 64(4), 1383-1392. doi: 10.11118/actaun201664041383
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