Abstract:
Organizations today face a strong competitive environment of changing variables with an ambiguity in the vision ahead of management. Thus, this study aims to specify the growing role of the management accounting in assisting organizations’ management in finding methods and ways that maintain the ability of the company in order to cope with those changes and then bridge the gap resulting from those changes.
To achieve this goal a questionnaire was conducted about the significance of applying the Balanced Scorecard tool in the achievement of the organization's objectives. Then the researcher has analyzed data about 7 companies operating in the private sector, covering the period from year 2001 up to 2005, of which 6 are operating in Sudan and only one company in Saudi Arabia.
Statistical tools like the mean, chi-squire test, and Pearson Correlation were used.
The results of the study showed that:
1- Management of the organizations depends upon management
accounting information to take decisions that realize the stakeholders benefit.
2- It also showed the positive impact of using the Balanced Scorecard in increasing the company’s revenues, profits, better usage of the resources, good control upon cost elements, strengthening the competitive ability, and better choice among alternatives.
3- Management accounting in Sudan failed to use new communication forms to understand the implication of organization structure change and how to react on new environment.
4- More importantly, the results have indicated to the presence of great lack of using those management accounting tools for the promotion of performance of those national companies of the private sector.
The study recommends that:
1- Sudan private sector companies were needed to recognize change.
2- Management accounting in Sudan private sector is needed to provide trusted help to managers carry out their missions properly.
3- Management accounting in Sudan private sector is needed to use the new communication forms & channels.
