Rachunkowość odpowiedzialności. Teoria a praktyka biznesowa
Responsibility accounting. business theory and practice

Summary/Abstract: Agency theory is a theoretical perspective which can be used to analyze processes in a decentralized organization in which responsibility accounting system has been implemented. Delegating responsibilities to lower level of management structures creates so called agency problem, resulting from different preferences and information asymmetry. The purpose of the paper is to present a controlling device implemented in a decentralized company. The most important elements of this solution were functional organization of controlling, operational budgeting and financial planning procedures and short-term cash-flow forecasts procedures.

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