• Vijayakumar
• Dr. N. Usha Devi

One of efficient management tool at present in the process of decision making in management, operation and control of the administrator’s, business operation, strengthen development of companies is Responsibility accounting. Responsibility accounting system is designed to report and accumulate costs by individual levels of responsibility. Each supervisory area is charged only with the cost for responsibility centers: cost centers, revenue centers, investment centers and profit centers. This research aims to identifying the Responsibility Accounting Practices in companies based in Bengaluru. To achieve this objective research questions were raised, hypotheses were formulated and review of relevant literature was made. In this paper survey method followed to collect the data and data collected were analysed using percentages and hypotheses were tested using‘t’ test. From the study it was observed that Responsibility accounting system is not significantly effective in manufacturing and construction companies. We therefore recommended that adequate effort should be made by organizational managers to eliminate the challenges facing the effectiveness of Responsibility accounting system in companies. This can be achieved by increasing the market capitalization of the company, providing sufficient and qualified manpower for the various responsibility centers and ensuring accurate data collection on cost, revenue, profit and investment of the company.

Responsibility accounting, Performance, Administrator, Responsibility center.

"A STUDY ON RESPONSIBILITY ACCOUNTING PRACTICES IN COMPANIES BASED IN BENGALURU", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.822-831, June 2019, Available :http://www.jetir.org/papers/JETIR1907L25.pdf

"A STUDY ON RESPONSIBILITY ACCOUNTING PRACTICES IN COMPANIES BASED IN BENGALURU", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp822-831, June 2019, Available at : http://www.jetir.org/papers/JETIR1907L25.pdf