EAN: 9783319137810

FINANCIAL ACCOUNTING AND MANAGEMENT CONTROL - F...

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.

Aktuelle Preise zur EAN 9783319137810

Produktinformationen zur 9783319137810