Published Online:October 2025
Product Name:The IUP Journal of Accounting Research & Audit Practices
Product Type:Article
Product Code:IJARAP071025
DOI:10.71329/IUPJARAP/2025.24.4.139-159
Author Name:Dinabandhu Mukhopadhyay and Biswajit Bhattacharya
Availability:YES
Subject/Domain:Finance
Download Format:PDF
Pages:139-159
This study examines management accounting as a strategic tool for translating organizational vision into actionable outcomes. It explores the influence of budgeting, performance measurement, and strategic cost management on organizational performance, alongside the evolving strategic role of management accountants. A sample of 170 respondents—comprising management accountants and strategic decision-makers across various industries—was surveyed using a structured questionnaires. Descriptive and inferential statistical techniques, including correlation, regression analysis, and Cronbach’s alpha for internal consistency, were used to analyze the data. The findings reveal significant positive relationships between management accounting practices and organizational performance. Additionally, qualitative insights from 20 senior executives enrich the quantitative results by identifying practical challenges and best practices in implementation.
Recent studies stress the urgent need for empirical research that bridges management accounting practices and strategic execution in a way that captures both behavioral and contextual factors (Granlund & Lukka, 2017).