Succeeding in managerial accounting. Part 2: A structural equations analysis

James E. Hunton, Benson Wier, Dan N. Stone

Research output: Contribution to journalArticlepeer-review

22 Scopus citations


Does the type of knowledge, and levels of ability and experience needed, depend on rank in managerial accounting? Are the knowledge, ability, and experience needed for managerial accounting success, consistent with the Libby & Luft (L&L) model (1993) of the determinants of judgment performance in accounting? We explore these questions using structural equation models of the performance evaluations of 2941 practicing managerial accountants. Results indicate that technical managerial accounting knowledge, ability, and experience predict job performance success for junior managerial accountants; industry knowledge, tacit managerial knowledge (TMK) and experience predict success for seniors; and, industry and TMK predict success for managers. The results suggest significant (though not identical) commonality in the predictors of success in managerial accounting and the determinants of judgment performance identified in the L& L model.

Original languageEnglish
Pages (from-to)751-762
Number of pages12
JournalAccounting, Organizations and Society
Issue number8
StatePublished - Nov 2000

ASJC Scopus subject areas

  • Accounting
  • Sociology and Political Science
  • Organizational Behavior and Human Resource Management
  • Information Systems and Management


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