The hidden costs of self-management services
in the accounting activity of a company
Author:
Gary COKINS, Sorinel CĂPUŞNEANU, Dan Ioan TOPOR,
Oana Raluca IVAN
JEL:
M41
DOI:
10.20869/AUDITF/2017/146/244
Keywords:
Hidden costs, financial reporting, company, owners, managerial accounting, management
Abstract:
This article addresses relevant aspects regarding the hidden costs of self-management services in the accounting area, within the accounting department of a company. With this aim, the authors conducted a study using a questionnaire, whose results were analyzed and interpreted. The hidden costs of the self-management of business accounting services observed in the accounting department of the company have been assessed and the causes of their generating sources were identified and analyzed. The debate of these hidden costs involved the treating of notions that exist in the accounting language, but are still not sufficiently explored by the specialists in the area. We also presented and analyzed the causes of the hidden costs of self-management in the accounting activity, as well as a reporting document for failures, arising from the case study. The article ends with the authors' conclusions regarding the hidden costs of self-management services in the accounting area.
Abstract(279KB)
Article(672KB)