The role of process re-engineering as a management accounting method in developing financial performance

Case Study: University of Human Development

Abstract

This research aims to indicate the impact of reengineering process on the development of financial performance of the Human Development University. In order to do so, the research relies on qualitative approach and collects data based questionnaire distributed among faculty members and staff of the university. In addition, the research applies reengineering process and investigates the possibility of improving and developing it aiming to improve the efficiency and increase the effectiveness of the financial departments’ operations of the University of Human Development.

The findings of this study claim that reengineering process application has led to the creation of substantial amendments to the university systems. Furthermore, there is a strong correlation between the reengineering process and the development of financial performance. In conclusion, study suggests that the Human Development University need to improve its financial performance.