Relevance Still Lost?

It has been claimed that management accounting research has failed to produce theories with pragmatic implications (see e.g. Hopwood 1983; Kaplan 1984; Kaplan 1986; Johnson and Kaplan 1987; Inanga and Schneider 2005). However, management accounting is an applied science (Kasanen et al. 1993), the idea of which is to produce theoretically grounded solutions for practical purposes (Mattessich 1995; see also Labro and Tuomela 2003).