Paper on product costing recognized for potential impact on management accounting

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.