International Accounting

Principles of risk-oriented management accounting

Vol. 21, Iss. 4, APRIL 2018

Received: 13 March 2018

Received in revised form: 26 March 2018

Accepted: 2 April 2018

Available online: 14 April 2018

Subject Heading: Managerial accounting

JEL Classification: М41

Pages: 466–478

Sitnikova S.A. Financial University under Government of Russian Federation, Moscow, Russian Federation

ORCID id: not available

Importance The article discusses issues of risk-oriented management accounting and application of global and general accounting principles for setting up the accounting system. I also determine specific principles inherent in risk-oriented management accounting.
Objectives I determine the composition and content of principles of risk-oriented management accounting in accordance with its substance and content.
Methods The article analyzes and generalizes various views on general and specific principles of management accounting using comprehensive and systems approaches.
Results I identify the body of specific principles for the risk-oriented management accounting system in order to interpret their meaning. Based on the substance and content of risk-oriented management accounting, I additionally propose specific principles, which should underlie the said system.
Conclusions and Relevance It is necessary to set up the system of risk-oriented management accounting on the basis of specific principles proposed and substantiated in this article, conduct further studies into the theory and process of management accounting and develop accounting and analytical tools in business environment. The findings may prove useful for studies into the theory and process of management accounting and determining its further development paths.

Keywords: risk-oriented management accounting, management accounting principles


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ISSN 2311-9381 (Online)
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Vol. 21, Iss. 4
April 2018