Management Control Systems

5. Auflage 2023
ISBN: 978-1-292-44413-0
Verlag: Pearson Education Limited

Buch, Englisch, 808 Seiten, Format (B × H): 189 mm x 246 mm, Gewicht: 1531 g

The bestselling advanced management accounting textbook.

For Management Control or Advanced Management Accounting modules on undergraduate, postgraduate or MBA courses.

Management Control Systems, 5th edition is the latest edition of the bestselling textbook in the field of management accounting, renowned for its authorship and excellently researched material. An essential learning resource presenting a wealth of international examples from real companies, this text will help you gain a solid grasp of this important subject.

Whether or not you have a management background, the clear explanations in this textbook will introduce you to the authors' leading framework and approach, helping you understand a wide variety of performance measures and controls as well as how to use them. Its extensive range of 75 case studies grounds the concepts in reality, emphasising the difference that well-designed controls can make.

Key features

• A brand-new chapter on environmental, social and governance issues, including corporate social responsibility, reflects new initiatives and policies and their impact on today's organisations.
• Comprehensive and detailed coverage of measures that focuses not only on results, but also broader management controls, with aims other than profit maximisation.
• Updated examples and cases bring the subject to life by exploring examples of well-known businesses such as Microsoft and the implications of infamous scandals such as Carillion.
• New content considers the impacts of recent global shocks and world events and their influence on companies.

This title is recommended as a significant textbook within Bruno S. Frey and Christoph A. Schaltegger (eds), 21st Century Economics – Economic Ideas You Should Read and Remember (Springer, 2019).

Autoren/Hrsg.

Merchant, Kenneth

Stede, Wim van der

Inhaltsverzeichnis

Section I: The Control Function of ManagementChapter 1: Management and ControlSection II: Management Control Alternatives and Their EffectsChapter 2: Result ControlsChapter 3: Action, Personnel and Cultural ControlsChapter 4: Control System TightnessChapter 5: Control System CostsChapter 6: Designing and Evaluating Management Control SystemsSection III: Financial Result Control SystemsChapter 7: Financial Responsibility CentersChapter 8: Planning and BudgetingChapter 9: Incentive SystemsSection IV: Performance Measurement Issues and Their EffectsChapter 10: Financial Performance Measures and Their EffectsChapter 11: Remedies to the Myopia ProblemChapter 12: Using Financial Result Controls in the Presence of Uncontrollable FactorsSection V: Objectives Beyond Profit MaximizationChapter 13: Management Control Implications Stemming from the Broader Goal of Stakeholder Welfare MaximizationChapter 14: Management Control in Not-for-profit OrganizationsSection VI: Corporate Governance, Important Control-Related Roles, and EthicsChapter 15: Corporate Governance and Boards of DirectorsChapter 16: Controllers and AuditorsChapter 17: Management Control-Related Ethical Issues

Über Autor(innen)

Kenneth A. Merchant is the Deloitte & Touche LLP Chair of Accountancy, Emeritus at the University of Southern California. He is well-known internationally in the field of management accounting.

Wim A. Van der Stede is the CIMA Professor of Accounting and Financial Management at the London School of Economics and Political Science. An author and teacher, he brings a European perspective and a wealth of experience to this book.