An Overview of the Development of Management Accounting Research
AbstractThere has been significant changes in the direction of management accounting research since the 1980â€™s and 1990â€™s, from the prescriptive and normative research of the late 1950â€™s and 1960â€™s to the positivistic research in the 1970â€™s and 1980â€™s. As such, the purpose of this article is to provide an overview of this development. First, the paper discusses the characteristics of traditional management accounting research. Then, a reflection is given on the debate, which started in the 1980â€™s regarding the limitations of traditional management accounting research. It could be said that the 1980â€™s was a decade of re-evaluation for management accounting, both in terms of the research undertaken and in terms of techniques and practices. Now, various theoretical frameworks are used by researchers and new and innovative techniques are being implemented in organisations. The scope of management accounting has also been broadened from those based on economics perspective to a broader based approach.