Year: 2013
Type: article
Study design: Observational Study
Abstract: The study aims to know the extent of applying strategic management accounting tools in Jordanian banks. Thetools that this study tested are; Activity Based Costing, Benchmarking, Competitor Analysis, ValuingCustomers, Integrated Performance Measurement, Life Cycle Costing, Cost of Quality, Brand Value Monitoring,Managing and Budgeting, Strategic Pricing, Target Costing, Value Chain Costing and Balanced Scorecard.To analyze the responses of the respondents (employees) in these banks, and the effect of the employees’demographic characteristics on perceiving the importance of applying these tools of decision making, theresearcher used descriptive and analytical statistics, such as one sample T-test and one way ANOVA.In this study the researcher has found that Jordanian banks use traditional management accounting; they don’tuse strategic management accounting and its tools.It is recommended that Jordanian banks train their employees in using strategic management accounting tools,that are based on the findings of this study to improve overall strategic performance.
Author: Musa Abd-Alateef Alnawayseh
Language: English
Subfield: Management Information Systems
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W2107312243