Ramji Balakrishnan, Eva Labro, and Konduru Sivaramakrishnan received the American Accounting Association’s Greatest Potential Impact on Management Accounting Practice Award for 2012 for their two-part paper, “Product Costs As Decision Aids: An Analysis of Alternative Approaches.”
The award, sponsored by the AICPA and CIMA, recognizes academic papers that are considered to most likely have a significant impact on management accounting practice.
The winning paper, which was published in Accounting Horizons, an AAA publication, compares four kinds of product-costing systems: traditional volume-based systems, activity-based costing systems, time-driven, activity-based costing systems, and resource-consumption accounting.
Balakrishnan is the Carlson-KPMG Research Professor of Accounting at the University of Iowa’s Tippie College of Business; Labro is an associate professor of management accounting at the University of North Carolina’s Kenan-Flagler Business School; and Sivaramakrishnan is the C.T. Bauer Endowed Chair of Accounting at the University of Houston’s C.T. Bauer College of Business.