The Adoption of Cost-Benefit Analysis as an Indicator for Evaluate the Accounting Performance of Business Entities (The Case Study for Canadian Railway)

Ali Qasim Hasan AL-Obaidi, Ama

Abstract

This study tested the relationship between the total cost and expected benefits to the project that proposed by top management of company selected. It was based on a key hypothesis that states, the outcome of proper and accurate analysis of the cost-benefit relationship can be considered as an indicator that can be used to assess the financial benefit of the proposed project and at the same time evaluation the accounting performance of the accountants who responsible for carrying out this process. The study contributed to formulating a group of objectives, in order to achieve the main objective of the study and test the main hypothesis, a study sample was chosen (Canadian Railway Co.) by examine a certain case in it related to study. Finally, the study reached a number of conclusions and recommendations, most importantly are, the application of the concept CBA in a proper manner will help the company to obtain a set of benefits, not limited to the assessing of the performance of accountants within company but expanded as to include the encouraging the accounting authorities within country in the selection of best accounting practices and applications that enhancing the accountants duties in future.