By Ahmed Riahi-Belkaoui
Manufacturers and clients of administration accounting info are faced with an important behavioral phenomena — elements which could have an effect on the communique of this data and its use. Riahi-Belkaoui indicates how manufacturers and clients jointly can increase the potency of administration accounting itself. He explains the judgment technique in administration accounting, identifies and explains the most important behavioral phenomena, after which offers how one can use them for the firm's gain.
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Additional info for Behavioral Management Accounting
State that individuals can restore actual equity by altering either their own payoffs or those of other participants. Similarly, a psychological equity can be restored when individuals change their perceptions of either rewards or contributions so that their contributions appear greater or lower than originally thought. They may also restore equity by quitting their jobs, severing relationships with comparison persons, or forcing comparison persons to leave the field. The inequity theory suggests, then, that rewards must appear to the employees to be fair or equitable.
Schroder et al. extended the concept of the inverted U-shaped curve to the study of integrative complexity. The more abstract the individual, the higher the maximum level of information processing. 5. Finally, field dependence as presented by H. A. 99 Field-dependent individuals tend to perceive the overall organization of a field and are relatively unable to perceive parts of the field as discrete. Field-independent individuals, however, tend to perceive parts of the field as discrete from organized parts rather than fused with it.
Facilitate strategy formulation, . . assess managerial performance). • For the objective it is designed to serve, will the accounting idea enhance the chances of attaining the objective? 118 In conclusion, management accounting needs to take the strategic concept into account to allow firms to achieve business success. It needs to adapt to various stages of the strategic process, the distinctions within the strategic process, the influence of strategic archetypes, and the new informational demands of strategic management accounting.