Create a 37 pages page paper that discusses benefits and barriers for implementation of activity based costing systems in selected asian countries.

Create a 37 pages page paper that discusses benefits and barriers for implementation of activity based costing systems in selected asian countries. Analysis of the three countries is provided. Ultimately, the paper concludes that activity-based costing could be extremely beneficial for Asian businesses. However, activity-based costing is virtually guaranteed to fail if it is imposed top-down or haphazardly. Barriers to implementation include different organisational and social cultures, different accounting norms and regulations, regulatory frameworks, fiscal policies, varying relationships to stakeholders, and other factors. If activity-based costing is to succeed, it must grow organically from the needs and behaviors of the organisations it is applied to. Introduction As Asian countries' financial operations become more closely attuned with and leveled against the West, it is likely that the model of activity-based costing (hereafter known as ABC) will spread to Asian enterprises. This paper analyzes three countries: The Hong Kong SAR, Malaysia and mainland China. These countries are immensely different from the West where activity-based costing is more common, with different fiscal policies, regulatory backgrounds, macro-economic statistics and behaviors, regional problems, resources, relations to customers and suppliers, and so forth. Ultimately, activity-based costing could be extremely beneficial for Asian businesses. However, activity-based costing is virtually guaranteed to fail if it is imposed top-down or haphazardly.