The contingency factors affecting management accounting in Czech companies

Abstract

Management accounting practices and the contingency factors affecting their application were subject of many complex studies, but none of them was carried out in the Czech Republic. That is why the article focuses on practices applied in Czech companies. Four different categories of management accounting practices (cost classifcations, operational budgeting, operational performance reporting and strategic management accounting methods) were investigated based on survey data from companies domiciled in the Czech Republic. To get comparable results, respondents of the survey were asked questions developed and used by the other researchers (Henri 2006, Jansen et al. 2006, Widener 2007) for identifcation of signifcant contingency factors in the countries with developed markets. Factor and regression analyses were applied to process data gathered through survey. Results confrm that the Czech Republic á although sometimes considered to be economy with emerging markets á shows similar signifcant contingency factors affecting management accounting (MA) practices as companies in the developed countries do.