DOI:

Abstract

After many stages of development, corporate accounting system, especially the management accounting, has succeeded in supplying information needed for financial management. For both external and internal reasons, the management accounting is still new to Vietnam and not widely applied by local companies. With much keener competition between companies today, all companies have to considering how to manage their business better and cut their costs more effectively. This situation reaffirms the role of the management accounting in companies. In this article, the management control system will be outlined along with the role and the need to organize the accounting system in order to control the management and evaluate management responsibility in companies – known as the responsibility accounting system. Some measures to build the responsibility accounting model for local companies are also introduced.

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