ANALYSIS OF CONDITIONS FOR APPLYING MANAGEMENT ACCOUNTING MODELS IN ENTERPRISES IN VIETNAM

Abstract

Management accounting plays a key role in providing information for decision-making, cost control, and performance improvement. Although various management accounting models have been widely developed worldwide, their application in Vietnam remains limited, particularly among small and medium-sized enterprises. This study, based on literature analysis and synthesis, assesses the current adoption of management accounting models in Vietnamese enterprises and identifies major constraints, including a shortage of qualified personnel, fragmented information systems, and limited awareness of management accounting benefits. Some large firms and foreign-invested enterprises have begun to implement modern models such as activity-based costing and lean accounting. Based on the findings, the paper proposes solutions to enhance the adoption of suitable models, including improving information systems, promoting digital transformation, strengthening accountants’ competencies, and developing supportive policies, thereby enhancing managerial effectiveness and competitiveness in Vietnamese enterprises.