AN EMPIRICAL EXAMINATION OF COST ACCOUNTING PRACTICES USED IN ADVANCED MANUFACTURING ENVIRONMENTS

Rosemary R Fullerton; Cheryl S McWatters

doi:10.1016/S1474-7871(04)12004-2

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Advances in Management Accounting

ISSN: 1474-7871
Series editor(s): Professor Marc Epstein and Professor John Y. Lee

Subject Area: Accounting and Finance

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AN EMPIRICAL EXAMINATION OF COST ACCOUNTING PRACTICES USED IN ADVANCED MANUFACTURING ENVIRONMENTS

Document Information:
Title:	AN EMPIRICAL EXAMINATION OF COST ACCOUNTING PRACTICES USED IN ADVANCED MANUFACTURING ENVIRONMENTS
Author(s):	Rosemary R Fullerton, Cheryl S McWatters
Volume:	12 ISBN: 978-0-76231-118-7 eISBN: 978-1-84950-281-8
Citation:	Rosemary R Fullerton, Cheryl S McWatters (2004), AN EMPIRICAL EXAMINATION OF COST ACCOUNTING PRACTICES USED IN ADVANCED MANUFACTURING ENVIRONMENTS, in (ed.) 12 (Advances in Management Accounting, Volume 12), Emerald Group Publishing Limited, pp.85-113
DOI:	10.1016/S1474-7871(04)12004-2 (Permanent URL)
Publisher:	Emerald Group Publishing Limited
Article type:	Chapter Item
Abstract:	Despite arguments that traditional product costing and variance analysis operate contrary to the strategic goals of advanced manufacturing practices such as just in time (JIT), total quality management (TQM), and Six Sigma, little empirical evidence exists that cost accounting practices (CAP) are changing in the era of continuous improvement and waste reduction. This research supplies some of the first evidence of what CAP are employed to support the information needs of a world-class manufacturing environment. Using survey data obtained from executives of 121 U.S. manufacturing firms, the study examines the relationship between the use of JIT, TQM, and Six Sigma with various forms of traditional and non-traditional CAP. Analysis of variance tests (ANOVA) indicate that most traditional CAP continue to be used in all manufacturing environments, but a significant portion of world-class manufacturers supplement their internal management accounting system with non-traditional management accounting techniques.