Traditional and contemporary management accounting practices: A literature review

Mónica Hernández-Madrigal


The objective of this paper is to identify the traditional and contemporary management accounting practices used in various research articles as a basis to carry out studies on current cost practices, comparing and contrasting expert criteria. By means of a documentary review, the assessment highlights the inclusion of the activity based costing, the life cycle of the product, the strategic accounting and the balanced scorecard as the most used techniques in studies on management accounting practices. This research aims to constitute a basis for the construction of a model of management accounting practices to generate basic information for further studies.


management accounting; cost analysis; cost assessment


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