An analysis of the major sources of influence on management accounting education in South Africa reveals that management accounting education in South Africa is largely based on neo-classical economic theory. Regarding the sources, Faul et al. (1997), Redelinghuis et al. (1996), as well as the SIACA (1997) and CIS (1999) syllabi implicitly accept neo-classical economics as basis. Drury (1996) does so explicitly but also addresses alternative approaches to the subject. In the CIMA syllabus several of the restrictive assumptions of neo-classical economics are relaxed. Bearing in mind that management accounting is based on the assumption of rationality, ignores the effect of quality and changes brought about by time and inflation, and that it proposes simplistic, determinate solutions in a complex world, it is not surprising that the relevance of the subject has been questioned. It is recommended that authors of management accounting textbooks should clarify the foundation(s) of their texts, and where the texts are based on neo-classical economics, indicate its limiting assumptions. Students should be encouraged to study the alternative perspectives and foundations of management accounting.
Koornhof, Carolina, 1959-(University of Pretoria. School of Accounting Sciences, 1997)
As we enter the 21st century, the accounting discipline and the accounting
profession shall have to adapt to an environment that is increasingly being
subjected to rapid and discontinuous change. This article addresses ...
Blignaut, James Nelson; Hassan, Rashid M.(Faculty of Economic and Management Sciences, University of Pretoria, 2001-09)
Reports on a study undertaken to investigate whether mineral resources have been developed and managed sustainably in South Africa, given their historical economic importance. Uses the mineral accounts to analyse broader ...
Shotter, Magdalena; De Hart, F.J.; Plant, Gregory J.; Louw, Elizabeth M.; Pienaar, A.J.(Independent Regulatory Board for Auditors (IRBA), South African Institute of Chartered Accountants (SAICA) and Southern African Accounting Association (SAAA), 2000)
This study examines the extent of the gap between education and practice, in respect
of management accounting in South Africa. The investigation is carried out by means
of two surveys; the first among universities and ...