Financial Accounting Centers: Concepts and Tools

Abstract

Development of quality management systems is currently true for many successful organizations. Control on the responsibility centers is one of the subsystems that provide in-house management. Aim is to develop and implement conceptual and technological approaches to the implementation of development models based on the campaign management accounting centers. Allows you to solve a series of multidimensional challenges for optimizing the management companies. V particular, personalize responsibility for making decisions, clearly define goals, make specific plans, keep records of production costs, to assess the activities of employees on the basis of key performance indicators, to effectively use organization. The paper concludes that the implementation of management accounting centers should be implemented in conjunction with such models as the balanced scorecard, total quality management and proactive monitoring procedures and a system of continuous improvement. The most effective are the ones which are able to achieve the goals set before them while using the least amount of resources. A system grounded in responsibility centers helps personify responsibility for making managerial decisions, raise the quality of planning functions, and attach a reward system to the results yielded by a specific responsibility center.

DOI: 10.5901/mjss.2015.v6n4s4p339