Papers by Siriyama Herath
International Journal of Management and Enterprise Development, 2010
The purpose of this research was to investigate the availability and acquisition of additional de... more The purpose of this research was to investigate the availability and acquisition of additional debt capital by small and medium enterprises (SMEs) in Newfoundland, to observe the constraints they encounter in securing debt capital, and to suggest measures to eliminate those constraints and enhance enterprise development. Data were collected from a sample of 79 SMEs that were operating in the area surrounding the city of Corner Brook, in Newfoundland. The findings indicated that a significant number of SMEs have experienced problems accessing debt financing, and the majority of firms rely on government as an alternative source of debt financing.
International Journal of Management and Enterprise Development, 2006
This study is based on the understanding that the competitive job requirements of organisations, ... more This study is based on the understanding that the competitive job requirements of organisations, social trends demanding loosely bound careers, and the resulting challenges for mentors in developing careers with their proteges suggest a constructive nature of mentor-protege relationships for organisations in the future. The premise was that the resulting careers in organisations are constructions with shared contributions from both a mentor and a protege.
Proceedings of International Conference on Business Management, 2005
An opportunity to study the contribution of the management accountant has emerged with companies'... more An opportunity to study the contribution of the management accountant has emerged with companies' adoption of change management techniques. This paper provides a structured way of studying the management accountant's contribution in Business Process Reengineering (BPR), a widely adopted change management technique. Efficient use of limited resources is critical for the success of any BPR effort and when many BPR interventions and activities have overlapping outcomes, choosing between objectives and alternative means to achieve those objectives is extremely important. The management accountant can provide a methodology of cost accounting that would enable cost comparison among alternatives. The methodology is Activity-Based Costing (ABC) and it assumes that activities consume resources to produce an output. The current study has resulted in the creation of a framework that can be used in studying the underlying cost structures of reengineering.
International Journal of Services and Standards, 2005
This paper provides a cost management framework using Activity-Based Costing (ABC) for studying t... more This paper provides a cost management framework using Activity-Based Costing (ABC) for studying the management accountant's contribution in Business Process Reengineering (BPR). When percent reliable cost data are established, they become base standards upon which future cost management systems are developed and they will improve the management accountant's services to the BPR project.
International journal of economics and accounting, 2014
Independence is one of the most important attributes of the accounting profession. The auditor in... more Independence is one of the most important attributes of the accounting profession. The auditor independence is measured by how honest an auditor is in reporting the material misstatements found in the financial statements by managers. The auditor maintains his/her independence by not having any conflicts of interest with the client (managers). The auditor is encouraged to appear independent in the sight of investors, but only to the extent that the audit fees cover the cost of the actual audit. This research is expected to serve as a guide in understanding the importance of auditor independence and the challenges auditors face. The major purpose of this research is to survey the auditor independence related research literature published during the period from 1992 to 2010. This survey suggests that a wide range of topic areas has been discussed and this learning can be incorporated in revising auditor independence related curricula.
Corporate Governance, Jun 15, 2010
The data were collected on a sample of 245 Thai nonfinancial listed companies to examine the effe... more The data were collected on a sample of 245 Thai nonfinancial listed companies to examine the effect of board structure on firm performance. Findings: The results show that neither independent directors nor grey directors are the significant determinants of improving firm value. Research limitations/implications: This research was confined to 245 Thai nonfinancial listed companies. It would be useful to replicate it using larger samples under different country settings. Practical implications: The findings provide guidance to top managers in deciding the Board structure as corporate value is also grounded in corporate board structure. Originality/value: The paper provides far reaching implications for corporate managers about the relationship between Board characteristics and corporate value.
International Journal of Management and Enterprise Development, 2007
Using a sample of 150 low- and middle-level women managers, this study identifies the factors tha... more Using a sample of 150 low- and middle-level women managers, this study identifies the factors that facilitate career development of Sri Lankan women managers. Factor analysis revealed that leading and planning, high performances, eagerness for results, decisiveness, practice and fortune, intellectual ability and support and professionalism facilitate career development of Sri Lankan women managers. Knowledge, awareness, possession and development of these factors would benefit women who desire to be managers as well as women managers who expect to advance in their careers. Organisations in Sri Lanka should emphasise developing women managers, taking these factors into consideration.
Corporate Governance, Feb 20, 2008
International Journal of Managerial and Financial Accounting, 2009
The purpose of this paper is to highlight the importance of the roles of management control syste... more The purpose of this paper is to highlight the importance of the roles of management control systems in creating competitive advantage and present a framework for its measurement. A literature review was conducted on management control systems, competitive strategy, budgetary control systems and competitive advantage. Various components of management control systems were explored. Based on the insights gained, a conceptual framework for the measurement of the roles of management control systems in creating competitive advantage is presented. The paper presents a conceptual framework of competitive advantage using management control systems. The development of a framework for assessing the roles of management control in creating competitive advantage is an attempt to contribute to a relatively less explored area. This research is expected to motivate researchers to work in this area. This framework will be beneficial to researchers and practicing managers in identification of opportunities for improvements in management control systems and gaining and sustaining competitive advantage. This paper explores research in a less explored area and offers a framework to help researchers and practitioners in providing a direction for creating and sustaining competitive advantage.
International Journal of Management and Enterprise Development, 2006
This paper reports on an intensive case study of an important aspect of family firms. There has b... more This paper reports on an intensive case study of an important aspect of family firms. There has been limited prior research on corporate culture, an important component of management control in family firms in developing countries. The paper attempts to understand the nature and dynamics of the corporate culture of a family-controlled tea manufacturing and exporting firm in a less developed country, Sri Lanka which can either hinder or enhance a firm's ability to respond successfully to the challenges it faces. The paper reveals the values, practices and behaviour, which created the capabilities that enabled this firm to succeed in the global market.
Journal of Management Development, Sep 25, 2007
Purpose-This paper aims to develop a conceptual framework that can be used in studying the changi... more Purpose-This paper aims to develop a conceptual framework that can be used in studying the changing nature of management control in organizations. It is based on four components of the management control system, namely: organizational structure and strategy; corporate culture; management information systems; and core control package. Design/methodology/approach-A range of published works is reviewed to explore the nature of management control. Findings-The conceptual framework developed in the paper can be used in studying the changing nature of management control in organizations. Research limitations/implications-This is not an empirical investigation of management control. Originality/value-The framework presented in this article is useful to both practitioners and researchers of management control.
International Journal of Management and Enterprise Development, 2006
This paper focuses on Business Process Reengineering (BPR), an important aspect of organisational... more This paper focuses on Business Process Reengineering (BPR), an important aspect of organisational change management techniques and the major role of the management accountant in achieving organisational goals and objectives through actively participating ...
Industrial Management and Data Systems, 2005
Purpose-To provide students and academia with an opportunity to gain an understanding of recent t... more Purpose-To provide students and academia with an opportunity to gain an understanding of recent trends and issues regarding the application service providers (ASP) market. Design/methodology/approach-A range of recently published (1999-2003) works, which provide practical issues, is reviewed to explore the existing pricing models, selecting an ASP and risk/rewards associated with ASPs. Findings-Provides guidance to businesses in selecting an ASP in terms of key questions to be asked and discusses the importance of selecting reliable ASPs. It also recognizes key areas academia should emphasize in teaching students outsourcing of IT. Research limitations/implications-It is not an extensive study of the issues and trends of ASPs. The paper does not review in detail the impact of outsourcing on organizational participants, which perhaps limits its usefulness in a complex business world. Practical implications-A very useful source of information for businesses making outsourcing decisions. The paper provides impartial advice for students and academia and for those who want to conduct research on outsourcing evaluation. Originality/value-This paper provides important insights on recent trends and issues of ASPs, especially in evaluating the performance of ASPs.
Journal of Management Development, Mar 1, 2006
Purpose-To increase students' knowledge of differential analysis and its application in an outsou... more Purpose-To increase students' knowledge of differential analysis and its application in an outsourcing decision. Design/methodology/approach-A teaching case with practical implications was designed. Teaching notes are also included. Findings-It is important to emphasize the importance of reporting for internal management purposes and the limitations of rule-based financial reporting in managerial decision making. Understanding of the need for different information for different purposes is essential for business decision making. Any outsourcing decision should encompass both quantitative and qualitative factors. Practical implications-Improves decision-making process through an analysis of relevant costs in an outsourcing decision. Originality/value-The article creates a practical approach for instructors to explain the use of differential analysis in outsourcing decisions.
Afro-Asian journal of finance and accounting, 2008
Higher penalties may apply, and higher damages may be awarded, for offences and infringements inv... more Higher penalties may apply, and higher damages may be awarded, for offences and infringements involving the conversion of material into digital or electronic form. Unless otherwise indicated, the views expressed in this thesis are those of the author and do not necessarily Unless otherwise indicated, the views expressed in this thesis are those of the author and do not necessarily represent the views of the University of Wollongong. represent the views of the University of Wollongong. Recommended Citation Recommended Citation Herath, Siriyama Kanthi, The role of the management accountant in business process reengineering, Master of Commerce (Hons.
The Business and Management Review
In this study, we investigate the application of big data analytics in forensic accounting and au... more In this study, we investigate the application of big data analytics in forensic accounting and auditing. Big data technology mediates the connection between awareness and plans to use for fraud detection. We made an effort to assess how big data might be used in forensic accounting and auditing practices. Design/methodology This research is based on systematic literature review, and it provides a thorough understanding of the existing literature on big data research in forensic accounting and auditing. The research was gathered through peer-reviewed literature using current (post-2014) articles. Results/findings The model for corporate auditing has changed. Managers at the organization are proactively identifying and resolving internal abnormalities and discrepancies prior to an external audit using conventional audit techniques. Known white-collar crimes at several publicly traded corporations have led to a high demand for forensic accountants. Big data analytics is a key tool for ...
Purpose – The purpose of this research is to empirically test the impact of owner/managers\u27 me... more Purpose – The purpose of this research is to empirically test the impact of owner/managers\u27 mentality on enterprise performance. Design/methodology/approach – A mail questionnaire survey was conducted on a sample of SMEs in Japan. The questionnaire was mailed to the chief executive of each of the 1,523 firms selected for the survey. The total number of usable responses received was 367, giving a response rate of 24.1 per cent. Findings – The overall results of the study show that when owner/managers of SMEs are more entrepreneurial minded in the introductory and decline stages of growth, their performance tends to be higher, and the same is true for the growth and maturity stages when they are more administrative minded. Research limitations/implications – Since this research was unique in several respects and the survey was confined to only 367 SMEs in a single country it would be useful to replicate it using larger samples under different country settings. Practical implication...
The Business and Management Review
Big data and data analytics are currently the buzzwords in both academia and industry to become d... more Big data and data analytics are currently the buzzwords in both academia and industry to become data driven. Big data has been the trending topic in the accounting industry also. Big data and data analytics will have an important impact on accounting and accountants. Big data will improve the quality of accounting information and the accounting profession will continue to provide real-time and dynamic information to assist in decision-making. The purpose of this research is to investigate the impact of big data and big data analytics in accounting. Data analytics is one of the most recent developments in the accounting context. This study is qualitative in nature and adopted a literature review methodology to gain a better understanding of the study area. This literature review seeks to provide a description and evaluation of the impact of big data analytics on accounting. This research found that big data presents great opportunities for decision making in accounting and risks anal...
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Papers by Siriyama Herath