Skip to main content
Go to the home page of the European Commission (opens in new window)
English en
CORDIS - EU research results
CORDIS
Content archived on 2022-12-27

A computerised guide to M&T for accountants

Objective

To develop a computerised knowledge base for generic application in industry and commerce for financial directors and company accountants to provide an interactive training and management information system to enhance the acceptance of M&T systems by professional accountants.
To develop a generic computer based executive management guide to M&T comparing interfaces of financial management systems.
To develop a computerised knowledge base for generic application in industry and
commerce for financial directors and company accountants to provide an interactive training and management information system to enhance the acceptance of M&T systems by professional accountants.
One of the aims is to raise accountant's awareness of the financial benefits of energy efficiency. The intention is to place greater emphasis upon using energy data within a company's financial management accounting system. By using M&T this way, a company's financial management may then create accountability for energy consumption in
those responsible for its usage.
The objective of this project has been to develop a computer based expert system (ES) for management accountants in M&T. The basic concept was discussed with the Institute of Chartered Accountants in England and Wales and the Chartered Institute of Management
Accountants. A host site was then identified where the system could be piloted, a large manufacturing facility where the cost accountant is the energy manager. This proved to be an ideal environment for developing the ES prototype into a practical management tool for the management accountant in an industrial setting.
The ES system was developed with three basic aims:
* to provide a tool to assess the economic performance of any plant or project;
* to provide a means of evaluating the optimum economic performance of a plant or project;
* to provide early indication of any variation from set economic standards.
The above information to be provided on a simple user-friendly programme capable of running on a desk-top computer.
A final consideration was to develop a system capable of transferring data to and from existing accountancy software packages.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.

This project has not yet been classified with EuroSciVoc.
Be the first one to suggest relevant scientific fields and help us improve our classification service

You need to log in or register to use this function

Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

Data not available

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

CSC - Cost-sharing contracts

Coordinator

Linden Consulting Partnership
EU contribution
No data
Address
Boys British School 1 East Street
CB10 1LH Saffron Walden
United Kingdom

See on map

Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

No data
My booklet 0 0