TY - JOUR
T1 - Designing a cost accounting system at a winemaking company
AU - Martins, Inês
AU - Major, Maria
AU - Fernandes, Alexandra
N1 - Funding agencies#
FCT-Fundação para a CiEncia e Tecnologia#
UID/ECO/00124/2013#
UID/ECO/00124/2019#
and Social Sciences DataLab#
LISBOA-01-0145-FEDER-022209#
POR Lisboa LISBOA-01-0145- FEDER-007722#
LISBOA-01-0145-FEDER-022209#
and POR Norte (LISBOA-01- 0145-FEDER-022209).
PY - 2020
Y1 - 2020
N2 - This paper presents an experimental case study that follows an interventionist logic with the aim of designing a cost accounting system for a winemaking company. The system was designed with the main objective of determining the production costs of each variety of wine produced by the company, allowing the management to make more accurate and informed strategic decisions regarding price and cost control. Taking into consideration, the features of the company and its managerial information needs the chosen system to implement was the 'homogeneous cost pool method'. The study suggests that this method can be successfully implemented in the wine sector to inform decision-making processes and to enhance companies' financial performance.
AB - This paper presents an experimental case study that follows an interventionist logic with the aim of designing a cost accounting system for a winemaking company. The system was designed with the main objective of determining the production costs of each variety of wine produced by the company, allowing the management to make more accurate and informed strategic decisions regarding price and cost control. Taking into consideration, the features of the company and its managerial information needs the chosen system to implement was the 'homogeneous cost pool method'. The study suggests that this method can be successfully implemented in the wine sector to inform decision-making processes and to enhance companies' financial performance.
KW - Empirical case study.
KW - Homogeneous cost pool method
KW - Management accounting
KW - Wine industry
UR - http://www.scopus.com/inward/record.url?scp=85095795437&partnerID=8YFLogxK
U2 - 10.1504/IJESB.2020.110805
DO - 10.1504/IJESB.2020.110805
M3 - Article
AN - SCOPUS:85095795437
SN - 1476-1297
VL - 41
SP - 331
EP - 367
JO - International Journal of Entrepreneurship and Small Business
JF - International Journal of Entrepreneurship and Small Business
IS - 3
ER -