Title

Responsibility Accounting as a Bank Cost Control Mechanism

Date of Award

1982

Document Type

Thesis

Degree Name

Master of Science in Accounting

Department

Accounting

First Advisor

Michael Rolleri

LCSH

Accounting, Banks and banking--Accounting

Call No. at the Univ. of New Haven Library

AS 36 .N29 Acc. 1982 no.11

Abstract

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.

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