Applying management accounting in commercial bank: Research at Bank for Investment and Development of Vietnam

Abstract

 This paper reviews the importances of management accounting in commercial banks and improves why applying management accounting is envitable trend. The case of Bank for Investment and Development of Vietnam is a good example to show that it is really necessary for the bank’s development, especially by indicating the differences between the Branch’s business analysis report before and after applying management accounting tool (MPA). The paper also draws on the success of the bank’s management accounting and the conditions needed to get those achievements. These will be the lessons for the other banks to consider for their cases.