Role and impact factor of the accounting information system of the corporate management

bjectives. To do this, the administrator should be 
provided with performance reports that act as a feedback step to help administrator identify 
issues that need to be addressed properly. 
Provide information for the decision-making process 
The decision making is not a separate function, but a combination of all three 
functions of planning, organizing, testing and evaluating, all of which require a decision. 
Much of the information provided by the International Monetary Fund (IMF) serves the 
decision-making function. In order to have the appropriate information to meet the 
appropriate management needs, international economic analysts will perform professional 
analysis because such information is not usually available. The Management Accounting will 
select the appropriate information, then synthesize, present them in the most understandable 
order, and explain the analysis process to the administrators. The Management Accounting 
not only helps managers in decision-making not only by providing appropriate information 
but also by applying analytical techniques to different situations, from which the manager 
selects and makes the most appropriate decision. 
Renovate the management of the business 
Enterprise resources are measured and quantified by economic indicators, expressed in 
terms of value to provide valuable information for the monitoring and evaluation function. 
The process of assessing business performance is to identify the progress and identify the 
causes of the difference between achievement and objectives. This process also helps 
businesses to detect changes that will occur. If the results of the evaluation are correct, it will 
be good for the company to adjust the plan, which is the basis for future solutions. Also 
through the process of assessment also helps businesses to discover the potentialities and 
strengths to be exploited and how to exploit them in the most effective way while detecting 
the weaknesses that need to be adjusted. The information of Management Accounting is a 
collection of events and events that will become useful information only if and when it 
changes the decision about the future of the recipient. 
It can be said that information is a means of unifying all activities of the organization. 
It is considered as a means to provide enterprise inputs, which is the means by which 
organizations communicate with one another in order to achieve the common goal of the 
business. Information is the basis for management decisions, especially as it is essential for 
the development and dissemination of organizational objectives, business planning, 
organization and personnel management, and checking the implementation of the plan. The 
information facilitates good governance functions and integrates business activities with the 
outside business environment. It is through the exchange of information that the business, 
especially the administrator who understands the needs of customers, the ability of suppliers 
and problems arising in the organization. Mainly through information, any organization 
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becomes an open system that interacts with its environment. Therefore, the information plays 
an important role in corporate management. 
2. Factors affecting Accounting Management Information Systemin the Enterprise 
The goals and strategies of the Enterprise and the demands of the administrator 
Developing a plan for operating costs of an enterprise means identifying goals and 
developing strategies to achieve them. This is the key factor that managers need to consider in 
order to organize the Cost Information of Management Accounting System. However, at 
present, the demand for information on economic cost from the business administrator is not 
clear. The administrators making decisions are all based on experience and management 
habits that make it difficult to control costs and business outcomes. This is a concrete 
evidence indicating the cause leading to the organization of Information System of Cost 
Management Accounting in the Enterprise have many shortcomings and limitations. 
Organizational characteristics of production 
The production organization clearly shows the organizational form of the production 
process and the nature of the division of labor between the parts of production and production 
use, the characteristics of the combination of labor with the labor material and the labor 
objective in the production process. 
In addition, the production organization is to show how the production divisions are 
organized: They can be organized in the form of technology, each of which implements a 
certain technology or organizes as the combination of both above methods. 
Technical and staff qualifications to perform accounting work 
The amount of information that Management Accounting has to deal with and 
translate into useful information is significantly huge. The process of information processing 
requires a combination of complex technical methods. Therefore, facilities with computer 
systems and information processing software are very necessary in the process of organizing 
the accounting information system. 
In addition, the level of knowledge and working skills of international staff also has a 
considerable impact on the quality of the Cost Management Accounting Information System. 
However, most of Vietnam Enterprises are small and medium enterprises, the resources on 
facilities, personnel are also very limited. This is also the cause leading to the system of 
information technology in the business environment be difficult to organize and develop. 
3 Some of the shortcomings in the organization of Corporate Management Accounting 
Information System 
Current situation in organization of Corporate Management Accounting Information 
System 
At present, in general, Management Accounting works have been paid more attention 
in Enterprises, however, some Enterprises have not paid much attention to Management 
Accounting works and use of Management Accounting Information in the process of 
Corporate Management. Among Enterprises that have done well in Management Accounting 
works, most Enterprises have implemented the organization of Management Accounting in 
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one of two models: combination of the same accounting system with financial accounting or 
separation of financial accounting and Management Accounting. However, the accounting 
information provided only focuses on financial accounting information, does not relate to 
Management Accounting information in general and Cost Management Accounting in 
particular, not meet the requirements to provide information to implement Management 
Accounting procedures integrated with the function of managers in Enterprises. 
Information on Cost classification 
Classification of costs in terms of cost-of-living behavior has also been implemented 
in a small number of Enterprises. Most companies, however, undertake to identify and 
classify costs by function and cost factor. For example, in the Enterprises producing alcoholic 
beverages and beverages, the cost of producing cement products includes the cost of direct 
materials; direct labor costs include salaries, wage deductions, and general production costs; 
costs outside of production include costs of sales and Enterprises management costs. 
Information on the construction of norms, cost estimation 
At present, mainly in the manufacturing companies are interested in and implement 
the construction of direct cost norms of raw materials, some companies set the cost of direct 
labor, a few of companies do not set up general production cost norms, cost norms of sales 
and Enterprises management costs. 
The construction of norms are usually constructed from the beginning of the year 
based on the economic and technical characteristics, characteristics of production and 
business of the company and the situation of implementing the norms of the previous year. 
The cost estimation work is also focused on and implemented on a yearly basis. New 
estimations help managers in planning work not have much effect in control activities. 
For collection, processing, and providing information on the cost 
- About accounts and detailed accounting books: In the Enterprises, the collection of 
information for administrators performing administrative functions is based on the system of 
documents, accounts and general accounting books, detailed costs with indicators established 
for the requirements of financial accounting. 
- About the information in the Management Accounting Statement: These statements 
are mainly of the detailed nature of the financial statements including: production cost report, 
detailed report of selling expense, detailed report of Enterprise management fees, full cost 
report for each product that are made according to detailed item cost, a few companies set up 
by variable fees, cost estimates. 
 For comparative analysis of cost information 
All analyzes of performance information were compared with estimates, with an 
emphasis on the variation in production costs. However, when analyzing fluctuations in 
production costs, the company analyzes fluctuations in factors of production costs, selling 
expenses and enterprise management expenses for each manufactured and consumed products 
that are presented in Management Accounting Statements, but not implemented the cost 
analysis according to cost variables and cost estimates. 
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Some of the shortcomings in the organization of Corporate Management Accounting 
Information System 
Firstly, the accounting information provided is only focused on financial accounting 
information, not related to the Management Accounting information in general and the Cost 
Management Accounting in particular, has not met the requirements to provide information to 
comply with the Management Accounting procedures associated with the function of the 
managers in the Enterprises 
Secondly, in the process of classifying the costs, it is not derived from the 
characteristics and nature of the costs, such as taxes, fees, fixed asset repair costs, salary costs, 
etc. that is not effective in management and control costs. 
Thirdly, the estimation and cost norms have not been paid enough attention, so there is 
no initiative in the production plan, most depend on partners. Analysis of cost - volume - 
profit has not been done by enterprises, so cost information has not been effective in selecting 
the optimal production options. The performance evaluation of components in enterprises has 
not been conducted. Management Accounting work has not paid much attention, the system 
and books are very sketchy mainly using the detailed books of financial accounting, etc. 
4. Some exchanges to improve the effectiveness of Enterprise Management Accounting 
Information System 
 Establish management accounting system 
Currently, because Enterprises have not applied systematically in the system, the 
choice of accounting model is also asking a lot of questions. The combination of mixed 
Management Accounting and financial accounting models will be able to use the financial 
accounting input data (detailed accounting accounts, consolidated accounts, detailed lists, 
etc.) as well as add the required data (internal reporting, production plan, etc.). In addition, the 
financial accounting and Management Accounting have a close relationship with each other in 
terms of information sources, data sources, etc., so the application of mixed financial 
accounting and Management Accounting model will take advantage of the relationship of 
gathering and providing information. 
Identify and classify costs 
It is necessary to identify and classify costs by activity level including variable costs, 
cost estimates and compound costs. At the same time, the information of the Management 
Accounting will be presented more clearly on the reports: production reports, reports on 
interest on variable costs, determining the price type, cost-output relationship model - profit 
(CVP), etc.; Thereby, the administrator will recognize the information more accurately. Since 
then, Enterprises have the best decisions on selling prices, sales, breakeven output, safe area, 
etc. 
For collection, processing, and providing information on the cost 
Cost information must ensure that the requirements for supplying information about 
cost objects include the management office parts of the company, the sales department, the 
production department; Information about the variable cost and cost estimates of each element 
of the cost factor. On the basis of the accounts, the corresponding accounting details book will 
be made. 
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Develop Cost Management Accounting Reports System 
The system of Cost Management Accounting Reports may include: 
- Cost Estimates Reporting System such as expense report in production workshop; 
cost estimate report sales department; costing business unit cost report; cost management 
report of enterprise management; cost estimate report for the whole enterprise. 
- Analytical and evaluation report system: There are the following reports: Report on 
the implementation of costs at the workshop; Report on the implementation of the cost of 
sales department; Report on the cost of business segment; Report on the performance of 
expenses of the enterprise management unit; Report on the implementation of enterprise-wide 
cost. 
5. Conclusion 
The Management Accounting Information System plays an important role in 
economic management, especially in the context of international economic integration and in 
the 4.0 industry. Therefore, the organization of the Management Accounting Information 
System for Enterprises in the quality of business for the management and the decision-making 
process is an objective inevitably. With the current development of science, technology and 
information, the provision of Management Accounting Information must be done quickly, 
promptly, accurately and reliably in order to serve the management and decision making helps 
the company achieve its goals.‡ 
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References 
1. Dr. Nguyen Dang Huy, Administrative Accountant (2018), National Economics Publishing House. 
2.Hilton, RH, 1991. Managerial Accounting. McCraw-Hill, Inc. New York, USA. 
3. Horngren CT, Bhimani A., Datar SM, Foster G., 1999. Management and Cost Accounting. Prentice-Hall 
Europe. 
4. Horngren CT, Datar SM, Foster G., 1997. Cost Accounting: A Managerial Emphasis (9thedition). Prentice 
Hall Europe. Prentice-Hall, Inc. 
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