Responsibility Accounting as a Bank Cost Control Mechanism
Date of Award
Master of Science in Accounting
Accounting, Banks and banking--Accounting
Call No. at the Univ. of New Haven Library
AS 36 .N29 Acc. 1982 no.11
In recent years, banks have been experiencing declining profit margin which is caused by high interest rate, regulation, inflation and competition. This has created the need for an adequate accounting system which would provide reliable information for decision making. The focus of this study is on responsibility accounting for banks. It supports the hypothesis that responsibility accounting is vital to banks in improving profitability.
An overview of responsibility accounting is first given. The application of its concepts to banking is then explored with emphasis on delegation of responsibility and authority, accumulation of costs according to level of responsibility and an effective criteria for performance measurement. Finally, a case study of The Bank of Hanover, Pennsylvania is described.
Oji, Ojinta, "Responsibility Accounting as a Bank Cost Control Mechanism" (1982). Master's Theses. 41.