Integrating between Resource Consumption Accounting & Theory of Constraints to support Corporate Governance  

An Applied Study 

A Thesis Submitted to the Board of the College of Management & Economics – Karbala University, as Partial Fulfillment of Requirements for the Degree of PhD Philosophy in Accounting

By: 

Saud Saad Jasim Menshed Al-Qizi

Supervised by: 

Prof. Dr. Salah Mahdi Jawad Al-Kawaz

The research aims to strengthen the application of corporate governance in a way that works to impose effective control over the resources of the economic unit and its efficient exploitation by applying the two techniques of accounting for resource consumption and the theory of constraints according to an integrated framework
in the Factory of Cables and Electrical Wires, which is one of the Factories of Ur State Company, as the integration of these two important strategic cost management techniques in the field of cost and management accounting techniques would lead to strengthening the company’s governance in terms of achieving the goal of control and efficient exploitation of resources. To achieve this aim, the researcher executed a case study to the research sample’s factory
and accessed its data through personal interviews with the employees and field visits for the purpose of applying the techniques of resource consumption accounting and the theory of constraints according to an integrated framework. The Researcher reached a set of conclusions , the most important ones are: The integration between the resource consumption accounting and the theory of constraints techniques contributes to supporting the applying of corporate governance by optimizing the use of resources and achieving control over them, and this is can be reflected in reducing costs as well as providing comprehensive and integrated information on resources that contribute to increasing the effectiveness of the applying the above two techniques. In light of these conclusions,
there are many recommendations has been proposed, the most important of these recommendations are: Work on Applying the integrating of the techniques of resource consumption accounting and the theory of constraints in order to rationalize , achieve Control and planning for the resources of the research sample in a way that helps in supporting governance practices.