Internet Archive's in-browser bookreader "theater" requires JavaScript to be enabled. It appears your browser does not have it turned on. Please see your browser settings for this feature.

LP in the managerial accounting information system : a consideration of some implementation problems

by: Hopwood, William S; Wragge, John, joint author; University of Illinois at Urbana-Champaign. College of Commerce and Business Administration

Publication date: 1978

Topics: Managerial accounting

Publisher: [Urbana, Ill.] : College of Commerce and Business Administration, University of Illinois at Urbana-Champaign

Collection: university_of_illinois_urbana-champaign; americana

Contributor: University of Illinois Urbana-Champaign

Language: English

Volume: BEBR No. 495

Includes bibliographical references (leaves 18-20)

"The advent of computerized planning and control systems now provides the opportunity for managerial accountants to reconsider the structure of their acounting systems and the data they provide to the organization. This paper suggests that linear programming (LP) is an appropriate technique for inclusion in the managerial accounting information system and addresses the following implementation problems: (1) the accountant's role in the LP process, (2) obtaining data, (3) understanding the assumptions of the LP model, (4) behavioral problems, and (5) special problems of using LP as a planning and control device. Examples are drawn from accounting and other disciplines to illustrate the progress that has been made towards solving the problems. Whenever possible, the impact of new computer technology is considered. Operational accounting is presented as one modification to present systems that is deserving of special consideration. Finally, several areas for future research are presented."