Comparing the Applications of Management Accounting between Vietnamese Public Universities by the Degree of Autonomy

Keywords: Management Accounting, Public Universities, Autonomy, Vietnam.


This study was conducted based on a survey of 53 public universities in Vietnam to evaluate the applications of management accounting in universities according to the following metrics: (i) Cost classification; (ii) Conducting and evaluating budgets; (iii) Management responsibility; and (iv) Using information to make short-term and long-term decisions. The results showed that public universities have some interest in management accounting information, especially responsibility accounting. However, management accounting information which has not been used much in Vietnamese universities includes controllable and uncontrollable costs and variance analysis between actual results and estimates. Regarding the degree of autonomy, fully or partially autonomous universities tend to apply management accounting more than non-autonomous universities in terms of the cost per student, the fees for repeat classes, and management responsibility. The research results showed the need to use management accounting information when universities increase their autonomy.

JEL Classification: M40, M41, M49.


Agasisti, T., & Johnes , G. (2010). Heterogeneity and the Evaluation of Efficiency: the Case of Italian Universities. Applied Economics, 42(11), 1365-1375.

Anderson, D., & Johnson, R. (1998). University Autonomy in Twenty Countries.

Cropper, P., & Cook, R. (2010). Developments: Activity-Based Costing in Universities—Five Years On. Public Money & Management, 20(2), 61-68.

Horne, J., & Hu, B. (2008). Estimation of cost efficiency of Australian universities. Mathematics and Computers in Simulation, 78(2-3), 266-275.

Le, D. Q. (2017). Management accounting - the tool to implement financial autonomy at public universities. Finance Magazine, Part, 16, 78-79.

Le, T. Q. (2020). Orientation for an Education . A New Vision for Future Education in Vietnam. International Journal of Innovation, Creativity and Change, 11(3), 513-526.

Le, T. Q., Bui, M. T., & Phung, L. T. (2020). Application of Change Management Theory to Command New Teaching Activities in High Schools. International Journal of Innovation, Creativity and Change, 11(2), 557-568.

Ministry of Education and Training. (2018). Report on implementation of Resolution No. 77 / NQ-CP.

Nguyen, M. T., & Nguyen, H. V. (2015). Textbook of Survey Methods: Principles and practice. Hanoi: National Economics University Publishing House.

Nguyen, N. T. (2020). Financial autonomy when performing university autonomy - Research at University of Law, Hue University. Retrieved from Industry and Trade magazin.

Owino, P., Munene, J., & Ntayi, J. (2016). Does responsibility accounting in public universities matter? Cogent Business & Management, 3(1), 1-10.

Sunarni, C. W. (2013). Management accounting practices and the role of management accountant: Evidence from manufacturing companies throughout Yogyakarta, Indonesia. Review of Integrative Business and Economics Research, 2(2), 616-626.

Vu, T. T. (2017). Financial governance in Vietnamese public universities. Hanoi: Finance Publishing House, Vietnam.

Vietnam’s Education Law. (2005). Education Law No.38/2005/QH11 dated on 6/14/2005.

Yasmiza, L., Ummi, H. J., Syamsul, R. A., & Madya, I. A. (2017). Management Accountant Practice in Malaysian Public Sector. World Applied Sciences Journal, 35 (8), 1482-1489.
How to Cite
LE, O. T. T., & Tran, P. T. T. (2020). Comparing the Applications of Management Accounting between Vietnamese Public Universities by the Degree of Autonomy. Indian Journal of Finance and Banking, 4(1), 84-91.