2019 Volume 2019 Issue 5 Pages 35-45
This paper examines how small and medium-sized enterprise (SME) managers recognize their management accounting practice. An extant literature suggests that there are a given number of SME managers who sometimes check financial performance transition of their enterprises although they do not recognize their management accounting practice (Asahara, 2010). On the basis of this suggestion, this paper discusses the possibility that management accounting is practiced even though managers do not recognize it. In addition, we suggest that in the case where a manager himself plays only part of the accounting process, there are cases where he or she does not recognize that management accounting practices are carried out by himself or herself. Based on this perception, we argue that it might be necessary for SME management accounting researchers to investigate management accounting practice in SME not only in terms of generation and utilization process of accounting information but also in terms of generation and utilization process of information for management decision making, which is a broader perspective, in order to understand the reality of management accounting practice in SMEs with more precision.
