Bridging theory and practice: Lessons on management accounting from selected practices in Malaysia

摘要

The current business and economic scenario demand for accounting expertise to be easily adaptable to evolving issues and be able to address business challenges efficiently. This expertise relates to management accountants who play a significant role in the internal management of the business having to assist in providing information for effective decision-making towards better business performance. The aim of this paper is to investigate the management accounting practices from the practitioners' point of view so that the management accounting education, in developing better management accountants for the practice are prepared for the actual working scenario. Careful yet simple analysis of the management accounting requirements enable bridging between theory and practice to understand management accounting practice needs as input to the academicians.