MANAGEMENT ACCOUNTING PRACTICES IN EGYPT AND CHINA: A COMPARATIVE STUDY

Abstract

This study provides a comparative analysis on the adoption rate of management accounting practices in Egypt and China. The results of the analysis have revealed significant differences between the two countries. For example, Chinese firms placed heavier emphasis on budgeting systems while Egyptian companies concentrated more on both performance evaluation and budgeting techniques. The study also reveals that Egyptians rely on traditional techniques but Chinese fir ms are opting for newer practices perhaps influenced by foreign partnered JVs.