Applying new technology to management accounting activities at garment companies in Hai Duong province

Abstract

Management accounting is considered one of the effective management tools in the market economy, due to the flexibility and timeliness of accounting information to serve the internal management requirements of enterprises. However, in the context of the explosion of technological innovation, the traditional management accounting method is gradually no longer suitable, but instead is the close, inseparable combination between technology and management accounting. The article is based on survey data of 28 garment companies in Hai Duong province using the convenient sampling method to assess the current status of technological innovation and the level of application of new technology in organizing management accounting. Based on the research results, the author makes some recommendations to increase the use of new technology in management accounting organizations.