RESPONSIBILITY ACCOUNTING – A SOURCE OF INFORMATION FOR MEASURING THE PERFORMANCE OF INDIVIDUAL CENTERS

Zdravkoski, Igor and Markusoski, Ljupce and Nikolovski, Pece and Andonovski, Miroslav (2019) RESPONSIBILITY ACCOUNTING – A SOURCE OF INFORMATION FOR MEASURING THE PERFORMANCE OF INDIVIDUAL CENTERS. In: Digital transformation of the economy and society : shaping the future : proceedings / 11th International conference, Faculty of Economics Prilep 2019 Prilep;Macedonia, October, 2019, Prilep Macedonia.

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Abstract

Management accounting is primarily intended to be an information base for enterprise management.
Of course this applies to all levels of management. In any situation, whether decisions are made or
not, plans or other activities are created, management extracts information from this source. Due to
constant changes, rapid technological and digital advances, competition, environment, etc. managers
inevitably need continuous information in all segments of the business. In these situations,
responsibility accounting has a special role. It has an obligation to present accurate data on the
needs of the enterprise related to planning and control.
Here, we will emphasize that performance outcomes are measured at the level of responsibility within
an enterprise. That is, how much each organizational unit (department) is satisfied with the funds,
that the costs are tracked and the result achieved is measured in a given period. The company is also
a group of people who all have their own tasks and responsibilities. If each individual invests in
achieving the set goals, the percentage of tasks completed will always be higher. But of course the
responsibility of the individual for the costs will affect their reduction.
In fact, the overall results of the enterprise are the consequence (sum) of activities of all the
organizational parts of them. Hence, tracking costs against results will be seen on the basis of actions
taken at different levels in the enterprise. Therefore, responsibility accounting is - a mechanism - that
monitors the performance of departments in the enterprise and their managers and thus creates
insight and effective control at every level.
Key words: measurement, tasks, responsibility, management, results.

Item Type:	Conference or Workshop Item (Speech)
Subjects:	Scientific Fields (Frascati) > Social Sciences > Economics and Business
Divisions:	Faculty of Economics
Depositing User:	Mr Dimitar Risteski
Date Deposited:	11 Mar 2023 18:51
Last Modified:	11 Mar 2023 18:51
URI:	https://eprints.uklo.edu.mk/id/eprint/7796

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