Economic Efficiency of Management Accounting Systems

Authors

  • Dr.Utkarsh Anand

    Associate Professor, Department of Management, Kalinga University, Raipur, India
  • Mariyam Ahmed

    Assistant Professor, Department of Management, Kalinga University, Raipur, India

How to Cite

Anand, D. ., & Ahmed , M. . (2025). Economic Efficiency of Management Accounting Systems. International Journal of Accounting and Economics Studies, 12(SI-1), 182-185. https://doi.org/10.14419/649ehw56

Received date: May 15, 2025

Accepted date: May 26, 2025

Published date: August 28, 2025

DOI:

https://doi.org/10.14419/649ehw56

Keywords:

Economic Efficiency; Management; Small and Medium-Sized Businesses; Return on Equity

Abstract

This research aims to demonstrate and test a multifaceted method for assessing management accounting systems' efficacy. By focusing on the synergies that arise from the balanced growth of its four information dimensions, this multidimensional concept could be really important for future research and, in turn, offer fresh perspectives on management accounting. A highly prized competitive advantage for small and medium-sized businesses is the capacity to assess and control economic efficiency. Economic efficiency shows how big the indications of effective and efficient use of resources are, as well as how well the company processes, goods, and services work. The impact of the internal and external business environments must be taken into consideration while assessing and maintaining economic efficiency, as well as the variety of topic position assessments. The financial statements in financial accounting provide valuable data that helps assess how efficiently businesses are operating, which is crucial for effective management.

References

  1. Ahmed, U., Isa, N. M., Majid, A. H. A., Zin, M. L. M., & Amin, B. M. (2017). Towards understanding work engagement: Can HR really buffer HR? Test of a moderated model. International Journal of Economic Research, 14(20), 1–18.
  2. Alsharifi, A. K. H. (2023). Total Quality Management Strategies and their Impact on Digital Transformation Processes in Educational Institutions. An Exploratory, Analytical Study of a Sample of Teachers in Iraqi Universities. International Academic Journal of Organizational Behavior and Human Resource Management, 10(1), 1–16. https://doi.org/10.9756/IAJOBHRM/V10I1/IAJOBHRM1001
  3. Nefeli, S., Athanasios, L., Panos, C., & Dimitrios, G. (2025). 3D Printing Technologies for Enhancing Sustainability in Supply Chains. Calitatea, 26(205), 23-33.
  4. Baggyalakshmi, N., MohanaDhanushiya, A. S., &Revathi, R. (2023). Streamlined yearbook automation system. International Academic Journal of Innovative Research, 10(2), 56–64. https://doi.org/10.9756/IAJIR/V10I2/IAJIR1009
  5. Baggyalakshmi, N., Muthu Lakshmi, V., &Revathi, R. (2023). Grocery store management system. International Academic Journal of Science and Engineering, 10(2), 131–139. https://doi.org/10.9756/IAJSE/V10I2/IAJSE1017
  6. Uvarajan, K. P. (2025). Design of a hybrid renewable energy system for rural electrification using power electronics. National Journal of Electrical Electronics and Automation Technologies, 1(1), 24–32.
  7. Gul, F. A., & Chia, Y. M. (1994). The effects of management accounting systems perceived environmental uncertainty and decentralization on managerial performance: A test of three-way interaction. Accounting, Organizations and Society, 19(4–5), 413–426.
  8. Hameed, A. A. (2018). Environmental accounting in India: A conceptual study. NOLEGEIN–Journal of Financial Planning and Management, 1, 32–38.
  9. Rahim, R. (2025). Lightweight speaker identification framework using deep embeddings for real-time voice biometrics. National Journal of Speech and Audio Processing, 1(1), 15–21.
  10. Ishak, F., Johari, M., &Dolah, R. (2018). A case study of LEAN application for shortest lead time in composite repair shop. International Journal of Engineering and Technology, 7(4.13), 112–119.
  11. Jabarullah, N. H., Aziz, P. D. A., & Shah, S. A. (2019). Maximum power point tracking in PV device: Material efficiency and models to supply non-linear DC power supply. Journal of Advanced Research in Fluid Mechanics and Thermal Sciences, 53(2), 157–164.
  12. Velliangiri, A. (2025). An edge-aware signal processing framework for structural health monitoring in IoT sensor networks. National Journal of Sig-nal and Image Processing, 1(1), 18–25.
  13. Nordhaus, W. D. (2010). Carbon taxes to move toward fiscal sustainability. The Economists’ Voice, 7(3), 1–5.
  14. Parker, L. D. (2005). Social and environmental accountability research: A view from the commentary box. Accounting, Auditing & Accountability Journal, 18(6), 842–860.
  15. Ravichandran, T., &Lertwongsatien, C. (2005). Effect of information systems resources and capabilities on firm performance: A resource-based perspective. Journal of Management Information Systems, 21(4), 237–276.
  16. Rotzek, J. N., Scope, C., &Günther, E. (2018). What energy management practice can learn from research on energy culture? Sustainability Ac-counting, Management and Policy Journal, 9, 515–551.
  17. Rahim, R. (2024). Energy-efficient modulation schemes for low-latency wireless sensor networks in industrial environments. National Journal of RF Circuits and Wireless Systems, 1(1), 21–27.
  18. Salauddin, N. (2022). Accessibility of information resources and services in the library for the users with disabilities: A study. Indian Journal of In-formation Sources and Services, 12(1), 47–51. https://doi.org/10.51983/ijiss-2022.12.1.3158
  19. Shadadi, E., Ahamed, S., Alamer, L., &Khubrani, M. (2022). Deep Anomaly Net: Detecting moving object abnormal activity using TensorFlow. Journal of Internet Services and Information Security, 12(4), 116–125. https://doi.org/10.58346/JISIS.2022.I4.008
  20. Tetiana, H., Karpenko, L. M., Olesia, F. V., Yu, S. I., & Svetlana, D. (2018). Innovative methods of performance evaluation of energy efficiency projects. Academy of Strategic Management Journal, 17, 1–11.
  21. Lucena, K., Luedeke, H. J., & Wirth, T. (2025). The evolution of embedded systems in smart wearable devices: Design and implementation. SCCTS Journal of Embedded Systems Design and Applications, 2(1), 23–35.
  22. Vasquez, A., & Sorensen, I. (2025). The effects of education on social mobility: A study of intergenerational mobility. Progression Journal of Hu-man Demography and Anthropology, 2(1), 21–26.
  23. Williamson, I. O., King, J. E. Jr., Lepak, D., &Sarma, A. (2010). Firm reputation, recruitment websites, and attracting applicants. Human Resource Management, 49(4), 669–687.
  24. Uvarajan, K. P. (2024). Integration of artificial intelligence in electronics: Enhancing smart devices and systems. Progress in Electronics and Com-munication Engineering, 1(1), 7–12. https://doi.org/10.31838/PECE/01.01.02
  25. Zaibel, H. H., Dahi, K. J., &Maktouf, N. A. (2022). The Impact of Knowledge Management in Developing Administrative Creativity through the Role of Mediator for Information Technology: An Exploratory Study of the Opinions of a Sample of Administrative Leaders and Teachers of the Oil Training Institute / Bas. International Academic Journal of Social Sciences, 9(2), 183–193. https://doi.org/10.9756/IAJSS/V9I2/IAJSS0927

Downloads

How to Cite

Anand, D. ., & Ahmed , M. . (2025). Economic Efficiency of Management Accounting Systems. International Journal of Accounting and Economics Studies, 12(SI-1), 182-185. https://doi.org/10.14419/649ehw56

Received date: May 15, 2025

Accepted date: May 26, 2025

Published date: August 28, 2025