Issues in designing an appropriate Management
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Consistency in vague terms, however, does not imply that consistency in specific terms is desirable. The broad system can be inherently suited to firms of a given type, but from there the firm must adapt the system to its own specific circumstances in order to achieve maximum effectiveness. This is consistent with contingency theory not only must the managerial system be broadly appropriate for the firm type, but is must also be fine-tuned to meet the specific structural and environmental needs of the firm. The subsystems must be congruent with the firms objectives, and firms of the same type do not necessarily have the same objectives (Wade & Schneberger, 2006)
A firm can, if it chooses, use a managerial system that broadly fits its needs, such that the same system is used in a number of similar organizations. However, for a firm to be most effective, it should tailor that broad system to meet its specific circumstances. Management cannot assume that a managerial system used by a similar organization will work for them, because not too firms will have the exact same structure, environment, and objectives. Because management accounting is so focused on the provision of information for
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