Information quality and management accounting: a simulation analysis of biases in costing systems

摘要

The role of information in decision making is well appreciated. Managing information continues to challenge acade-mia, practitioners, and researchers. Despite advancements in the computing environment with information and communication technologies as enablers, human interventions in business decision-making processes are still relevant. These human interventions influence the culture, processes, structures, and information management practices in the organization. In order to address human intervention and bias, there are efforts to develop expert systems, decision support systems, and business intelligence tools in functional areas. Issues like biases, inadequacy in data management, and information asymmetry do exist in various forms across functions in an organization, and they need to be addressed effectively. This book has taken up these challenging issues in a simulation environment and addresses biases in an accounting function, which are very relevant for any contemporary organization.