Benchmarking in Practice: Some Australian Evidence Available to Purchase

Management accounting information systems are almost wholly part of a within‐company “fortress” mentality, preventing the efficient operation of benchmarking procedures. New initiatives are required to foster an attitude of co‐operation with which to improve the competitiveness of all participants. Gives an indication of the practical improvements in management‐accounting information systems that can be achieved, using evidence from the implementation of the benchmarking procedure within a large Australian manufacturing enterprise.