Financial indicators and beyond
Keywords:
Accounting information, Stakeholders, Financial statements, Financial indicators, Financial and non-financial indicator systemsAbstract
In the field of accounting and accounting information system there are many factors to be adapted to: in addition to increasing global competition and the ever more rapid evolution of technology, a relatively new factor is social and governmental demand for sustainability. How can accounting and accounting information system face these challenges and expectations?
It can be proved by a multitude of historical examples, that the social, economic, technical and IT changes incline, incite the accounting and also the accounting information system for continuous reformation.
Thanks to the advanced IT systems the decision makers and stakeholders encounter masses of information and data sets. Indicators are needed to compress information, and thus can support the work of the management and stakeholders. The aim of the author is to present the two segments of these changes. The development of indicators is introduced, from the classical financial indicators to the Balance Scorecard.
References
ANTHONY, R. N./GOVINDARAJAN, V. (2014): Management Control Systems. McGraw Hill,
BOZSIK, S./SÜVEGES, G./SZEMÁN, J. (2013): Vállalati pénzügyek. Miskolci Egyetem, Miskolc,
BREALEY, R./MYERS, S./ALLEN, F. (2011): Principles of corporate finance. McGraw-Hill/Irwin, New York, 10th Edition
BUTLER, J. B./HENDERSON, S. C./RAIBORN, C. (2011): Sustainability and the Balanced Scorecard: Integrating Green Measures into Business Reporting. Management Accounting Quarterly, Volume 12, Issue 2, Winter 2011,
DEMÉNY, A. (2016): Kötelező fenntarthatósági öko-controlling jelentéskészítés az EU elvárásai, valamint a GRI módszertana alapján. Controller Info, 2016/1., pp. 5-13.
DEMÉNY, A./MUSINSZKI, Z. (2016): Social Accounting - In the Wake of the Sustainability. Theory, Methodology, Practice, Volume 12 Number 2 (Special Issue), pp. 26-40.
FIGGE, F./HAHN, T./SCHALTEGGER, S./WAGNER, M. (2002): The Sustainability Balanced Scorecard − Linking Sustainability Management to Business Strategy. Business Strategy and the Environment, September/October 2002, pp. 269-284.
HÁGEN I. ZS./BORSÓS E. (2015): BSC modellel a kereskedelmi tevékenységet végző vállalkozások versenyképességéért. Controller Info, 2015/1., pp. 42-47.
HORVÁTH & PARTNER (2009): Controlling, Út egy hatékony controllingrendszerhez. Complex Kiadó, Budapest,
JOHNSON, H. T./KAPLAN, R. S. (1987): Relevance lost. The Rise and Fall of Management Accounting. Harvard Business School Press, Boston,
KAPLAN, R. S./NORTON, P. D. (1992): The Balanced Scorecard – Measures that Drive Performance. Harvard Business Review, 92/1-2, pp. 71-79.
KAPLAN, R. S./NORTON, P. D. (1996): Using the Balanced Scorecard as a Strategic Management System. Harvard Business Review 96/1-2. pp. 75-85.
KAPLAN, R. S./NORTON, P. D. (1998): Balanced Scorecard – Kiegyensúlyozott stratégiai mutatószám-rendszer. KJK,
KOCZISZKY GY./VERESNÉ SOMOSI M. (2015): The Value Map of the Welfare Public Administration and the Model of ITS measurability. Turkey proceedings Booklet. Istanbul, pp. 140-146.
MALTZ, A. C./SHENHAR, A. J./REILLY, R. R. (2003): Beyond the Balanced Scorecard:: Refining the Search for Organizational Success Measures. Long Range Planning, Volume 36, Issue 2, April 2003, pp. 187–204.
MUSINSZKI, Z. (2014): Mit mutat a mérleg? A hányadoselemzés alapjai és buktatói I., Controller Info, I. évfolyam 12. szám, 2014. január, pp. 20-25.
SZEMÁN, J. (2008): A magyar vállalati szektor tőkeszerkezetének elemzése 1992-2003 között. Ph.D értekezés, Miskolci Egyetem, Miskolc,
SZILÁGYI, R./VARGA, B. (2011): Kvantitatív információképzési technikák. Nemzeti Tankönyvkiadó, Budapest,
VERESNÉ SOMOSI, M. (2013): A szervezeti kompetencia- és képességépítés néhány sajátossága. Controller Info, 2013/11., pp. 21-30.
ZÉMAN, Z./BÁCS, Z./BÁN, E./FENYVES, V. (2016): Hiteles vagy "félrevezető" számviteli információk értéke-lése a nemzetközi és magyar gyakorlat összehasonlításában. Controller Info, 2016/3., pp. 52-57.
Downloads
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
