THE PRACTICE OF MANAGEMENT ACCOUNTING IN COMPANIES LOCATED IN A DISTRICT IN THE CENTRE OF PORTUGAL

Abstract

The more importance is attached to the information generated by Management Accounting, the more often reports are produced. Understanding a company's Management Accounting Practices is fundamental to diagnosing the need for change and identifying opportunities for improvement. Various methodologies related to descriptive and inferential statistical analysis were considered. The main purpose of the paper is to analyse Management Accounting Practices in companies in a district in the Centre of Portugal. It is hoped that this study will help to raise companies' awareness of the importance of Management Accounting. Highlights include Cost-Volume-Profit analysis, Budgeting. Activity - Based Costing (ABC) and the Balanced Scorecard (BSC).