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Supporting Management Decisions with Ex ante Accounting Information

Author

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  • Wouters, Marc
  • Verdaasdonk, Peter

Abstract

This paper is about the relationship between management decisions and accounting information. Management decisions have consequences in different functional areas, departments, and different companies along the value chain. Accounting information regarding decisions aims to translate as many as possible of the diverse consequences of a decision alternative into a single financial unit of measure. This makes such information both powerful and weak: various sources of information are integrated to allow trade-offs, but operational richness gets lost in the translation. The research is based on case studies and identifies situations in which managers find accounting information useful to support decision-making: (1) when they must make a significant, new or rarely taken decision, (2) when they must take new considerations into account, and (3) when operational knowledge is distributed across various people from different parts of the organization.

Suggested Citation

  • Wouters, Marc & Verdaasdonk, Peter, 2002. "Supporting Management Decisions with Ex ante Accounting Information," European Management Journal, Elsevier, vol. 20(1), pages 82-94, February.
    • Handle: RePEc:eee:eurman:v:20:y:2002:i:1:p:82-94
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    Citations

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    Cited by:

    1. Walid Cheffi, 2008. "Etude Des Roles De La Comptabilite De Gestion Pour Les Managers : Le Cas D'Un Grand Groupe Automobile," Post-Print halshs-00522472, HAL.
    2. Walid Cheffi & Adel Beldi, 2005. "La Comptabilité De Gestion : Outil D'Information Ou Dispositif De Connaissance ? La Perception Des Managers," Post-Print halshs-00581150, HAL.
    3. Hall, Matthew, 2010. "Accounting information and managerial work," LSE Research Online Documents on Economics 28539, London School of Economics and Political Science, LSE Library.
    4. Manzurul Alam & Zahirul Hoque, 2021. "Boundary management and accounting visibility in social services: a case study," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(4), pages 5377-5401, December.
    5. Hall, Matthew, 2010. "Accounting information and managerial work," Accounting, Organizations and Society, Elsevier, vol. 35(3), pages 301-315, April.
    6. Maiga, Adam S. & Nilsson, Anders & Jacobs, Fred A., 2014. "Assessing the interaction effect of cost control systems and information technology integration on manufacturing plant financial performance," The British Accounting Review, Elsevier, vol. 46(1), pages 77-90.

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