Financial Accounting and Management Control

The Tensions and Conflicts Between Uniformity and Uniqueness

Business & Finance, Accounting, Management, Finance & Investing, Finance
Cover of the book Financial Accounting and Management Control by Anna-Karin Stockenstrand, Fredrik Nilsson, Springer International Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Anna-Karin Stockenstrand, Fredrik Nilsson ISBN: 9783319137827
Publisher: Springer International Publishing Publication: February 20, 2015
Imprint: Springer Language: English
Author: Anna-Karin Stockenstrand, Fredrik Nilsson
ISBN: 9783319137827
Publisher: Springer International Publishing
Publication: February 20, 2015
Imprint: Springer
Language: English

This book is about financial accounting and management control and how these two information systems are related as well as how their objectives conflict. At the most fundamental level, the objective of financial accounting is to provide owners and funders with comparable information on a company's value creation. The aim of management control, on the other hand, is to give the board, senior executives and employees unique information for strategy formulation and implementation. One often-mentioned negative effect is the risk of financial accounting affecting management control design and use, making it less relevant for decision-making at the company level. The book provides an analysis of the complex relationship between financial accounting and management control. The analysis is based on theoretical reasoning as well as several examples of how financial accounting standards affect not only the annual report but also the control system. An interesting, and perhaps unexpected conclusion is that management control seems to affect financial accounting almost as much as financial accounting affects management control. These complex relationships, which can influence the design and use of both financial accounting and management control, are discussed in detail in this book.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This book is about financial accounting and management control and how these two information systems are related as well as how their objectives conflict. At the most fundamental level, the objective of financial accounting is to provide owners and funders with comparable information on a company's value creation. The aim of management control, on the other hand, is to give the board, senior executives and employees unique information for strategy formulation and implementation. One often-mentioned negative effect is the risk of financial accounting affecting management control design and use, making it less relevant for decision-making at the company level. The book provides an analysis of the complex relationship between financial accounting and management control. The analysis is based on theoretical reasoning as well as several examples of how financial accounting standards affect not only the annual report but also the control system. An interesting, and perhaps unexpected conclusion is that management control seems to affect financial accounting almost as much as financial accounting affects management control. These complex relationships, which can influence the design and use of both financial accounting and management control, are discussed in detail in this book.

More books from Springer International Publishing

Cover of the book Creative Selves / Creative Cultures by Anna-Karin Stockenstrand, Fredrik Nilsson
Cover of the book Systemic Aspects of Innovation and Design by Anna-Karin Stockenstrand, Fredrik Nilsson
Cover of the book Agricultural Proteomics Volume 1 by Anna-Karin Stockenstrand, Fredrik Nilsson
Cover of the book Performance Management Success by Anna-Karin Stockenstrand, Fredrik Nilsson
Cover of the book Inclusive Human Machine Interaction for India by Anna-Karin Stockenstrand, Fredrik Nilsson
Cover of the book Advances in Applied Digital Human Modeling and Simulation by Anna-Karin Stockenstrand, Fredrik Nilsson
Cover of the book Exact Design of Digital Microfluidic Biochips by Anna-Karin Stockenstrand, Fredrik Nilsson
Cover of the book Phänomenologie der Gewalt by Anna-Karin Stockenstrand, Fredrik Nilsson
Cover of the book Risk Management for Engineering Projects by Anna-Karin Stockenstrand, Fredrik Nilsson
Cover of the book Sustainable Agriculture Reviews 27 by Anna-Karin Stockenstrand, Fredrik Nilsson
Cover of the book Advances in Networked-based Information Systems by Anna-Karin Stockenstrand, Fredrik Nilsson
Cover of the book Wilhelm Ostwald by Anna-Karin Stockenstrand, Fredrik Nilsson
Cover of the book Against Plagiarism by Anna-Karin Stockenstrand, Fredrik Nilsson
Cover of the book Fable, Method, and Imagination in Descartes by Anna-Karin Stockenstrand, Fredrik Nilsson
Cover of the book Medical Imaging and Augmented Reality by Anna-Karin Stockenstrand, Fredrik Nilsson
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy