Definitions for TrueValueMetrics
Responsibility accounting

Responsibility accounting is the name given to accounting where the reports specifically identify the responsible managers. This is a useful technique for getting clarity about who is responsible for what ... and there is rarely much agreement.

I used this technique throughout my corporate accounting career, and whenever I have had some responsibility for results. It is the technique I use to delegate especially in cases where uninformed oversight would not work well. I have been amazed at how effective numbers are in achieving high performance change.