CFP last date
01 January 2024
Reseach Article

Role of Information Technology to Choose Optimized Strategies in Management

by Roshanak Kakasoltani, Einollah Deiri
Communications on Applied Electronics
Foundation of Computer Science (FCS), NY, USA
Volume 4 - Number 5
Year of Publication: 2016
Authors: Roshanak Kakasoltani, Einollah Deiri

Roshanak Kakasoltani, Einollah Deiri . Role of Information Technology to Choose Optimized Strategies in Management. Communications on Applied Electronics. 4, 5 ( February 2016), 51-57. DOI=10.5120/cae2016652102

@article{ 10.5120/cae2016652102,
author = { Roshanak Kakasoltani, Einollah Deiri },
title = { Role of Information Technology to Choose Optimized Strategies in Management },
journal = { Communications on Applied Electronics },
issue_date = { February 2016 },
volume = { 4 },
number = { 5 },
month = { February },
year = { 2016 },
issn = { 2394-4714 },
pages = { 51-57 },
numpages = {9},
url = { },
doi = { 10.5120/cae2016652102 },
publisher = {Foundation of Computer Science (FCS), NY, USA},
address = {New York, USA}
%0 Journal Article
%1 2023-09-04T19:54:10.281942+05:30
%A Roshanak Kakasoltani
%A Einollah Deiri
%T Role of Information Technology to Choose Optimized Strategies in Management
%J Communications on Applied Electronics
%@ 2394-4714
%V 4
%N 5
%P 51-57
%D 2016
%I Foundation of Computer Science (FCS), NY, USA

This study analyzes the use of Information Technology (IT) in management accounting and also the potentials and drawbacks of adopting IT in management accounting. IT changes frequently and accounting standards remain for many years without any major change. IT and management accounting are vital to both small and large organizations. Accounting bodies and communities have instantly stressed the need for a shift in accountants’ education by increasing the knowledge of information systems and IT knowledge. This paper examines the relationship between IT and management accounting. The past literature also indicates the potential of IT in management accounting that will simplify the calculation process and better presentable options of the business data for effective decision making. The literature findings also indicate that IT has major impact on the costs, as implementing IT will result in big spending on the technology hardware, software and IT personnel. The study also shows that IT can improve accounting department efficiency and produce result effortlessly, timely and accurately. Accountants are recommended special attention to this issue.

  1. Anastas, M. (1997). The changing world of management accounting and financial management. Management Accounting. Pg. 48-51.
  2. Boggs, S.M. (2003). Accounting – the digital way. Retrieved from September 8, 2011 from
  3. Burns, J., Scapens, R. and Turley, S. (1996). Some further thoughts on the changing practice of management accounting. Management Accounting. Pg. 58-60.
  4. Collier, A. (1999). The potential of E-Commerce. Retrieved July 18, 2011 from [Connor N. & Martinsons M.(2006). Management of information systems: Insights from accounting research. Informations & Management, 43. Pg. 1014-1024.
  5. Cooper, B. (2002). The Accountant of the future. Retrieved July 18, 2011 from
  6. Couzens, M.(2003). The value of website. Retrieved September 23, 2011 from
  7. Dechow N., Granlund M. & Mouritsen J. (2007).Management Control of the Complex Organization: [Relationships between Management Accounting & Information Technology. In: C. Chapman, et al (eds). Handbook of Management Accounting Research. Elservier, Lda. Pg. 625-640.
  8. Gilman, M. (2003). Nuggets and data mining. Retrieved July 12, 2011 from
  9. Gray, G.L. (2001). Financial reporting on the Internet – instant economical, global communication. Retrieved August 19, 2011 from
  10. Granlund, M.(2007). On the interface between management accounting and modern IT – a literature review and some empirical evidence. Working paper, Turku School of Economics.
  11. Hemmer, T., & Labro, E.(2008). On the optimal relation between the properties of managerial and financial reporting systems. Journal of Accounting Research 46. Pg. 1209–1240.
  12. Hurwitz, D. (2003). Enterprise portfolio management: The backbone of IT management and governance. Retrieved June 30, 2011 from Horngren, C. T. , Bhimani, A., Datar, S.M., & Foster, G.(2005). Management and cost accounting, (3rd ed.), Essex, UK: Pearson Education.
  13. Ittner, C.D., Larcker, D.F., (2001), Assessing empirical research in managerial accounting: a value-based management perspective. Journal of Accounting and Economics 32. Pg. 349–410. Kay, D. (2003). A balanced scorecard for customer support. Building the business case for improving problem resolution. Retrieved June 20, 2011 from
  14. Lambert, R.A., (2007), Agency theory and management accounting research. In: Chapman, C.S., Hopwood, A.G., Shields, M.D. (Eds.), Handbook of management accounting research, vol. 1. Elsevier, Amsterdam, pp. 247–268.
  15. Marriott, Marriott & Selwyn. (2003). Information and communications technology in UK accounting education. Retrieved from September 11, 2011 from
  16. Meall, L. (2004). IFRS: Beyond mere IT compliance. Retrieved August 10, 2011 from
  17. Nuclues Research Inc. (2003). ROI case study: Hummingbird public service New Mexico. Retrieved July 19, 2011 from http:/
  18. Phillips, P. & Kirby, D. (2002). The impact of electronic business on accountants: A shareholder value perspective. Retrieved August 12, 2011 from
  19. Sayana, A. (2003). Using CAATs to Support IS Audit, Information System Control Journal (1). Pg. 21-23.
  20. Sacchi, G. (2003). Delivering business value through a service-oriented Architecture. Retrieved August 15, 2011 from
  21. Skidmore, S. (2002). Information Technology in the accounting curriculum. Retrieved May 10, 2011 from
  22. Welfle, B. & Keltyka, P. (2000). Global competition: the new challenge for management accountants. The Ohio CPA Journal, (Jan-March). Pg. 30-36.
  23. Wong, C. (2003). Computer resources on tap. ComputerWorld, Issue No 4. Pg. 14.
  24. Wong, C. (2003). Better financials. Audrey International Finds the Right Financial and Accounting Application to Improve Efficiency and Data Consolidation, ComputerWorld, Issue No 7. Pg.30-31.
  25. Yager, T. (2002). The show must go on. ComputerWorld, Issue No 9. Pg. 15-16.
Index Terms

Computer Science
Information Sciences


Information technology management accounting budgeting business decisions system technology