Research management accounting and control system in autonomous public universities in Vietnam

Abstract

The paper studies management accounting and control system (MACS) in autonomous public universities in Vietnam. MACS focuses on its components such as budgeting, activity-based costing, and performance evaluation (through the balanced scorecard) to achieve the university’s goals and strategies.
This paper is used literature reviews and the case study methods that MACS applied in Electric Power University, which is one of the first universities to be piloted to operate under the autonomy mechanism. The result indicates that the components of management accounting and control system in universities should be deployed uniformly to achieve the target goals and towards sustained development. These components, namely budgeting, activity- based costing, and performance evaluation by balance score card indicates that they are relevant in higher education.