• Manjulamma B S

ABSTRACT: Today’s organization hugely depends on its flow of organizational framework in order to maintain, monitor and manage their respective domains. The 3Ms (maintain, monitor and manage) are covered through the concept of Responsibility accounting. Responsibility accounting being a decision making and performance analyzing system plays a vital role in communicating the correct information to the right person. It helps in setting proper standards required in order to run an organization. The right flow can generate revenues and take an organization towards success and one with flaws is absolutely a disaster in itself. Therefore, this research reveals the importance of responsibilities and effectiveness of responsibility accounting in an organizational framework through different methods.

KEY WORD: Responsibility Accounting, Responsibility Centres, Cost, Organizational framework

"RESPONSIBILITY ACCOUNTING WITH SPECIAL REFERENCE TO ORGANIZATIONAL FRAMEWORK", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 6, page no.l24-l32, June-2023, Available :http://www.jetir.org/papers/JETIR2306B04.pdf

"RESPONSIBILITY ACCOUNTING WITH SPECIAL REFERENCE TO ORGANIZATIONAL FRAMEWORK", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 6, page no. ppl24-l32, June-2023, Available at : http://www.jetir.org/papers/JETIR2306B04.pdf