Best practices in management accounting / edited by Greg N. Gregoriou and Nigel Finch.

Format:

Book

Contributor:

Gregoriou, Greg N., 1956-

Finch, Nigel, 1969-

Language:

English

Subjects (All):

Managerial accounting.

Physical Description:

xxv, 255 pages : illustrations ; 23 cm

Place of Publication:

New York : Palgrave Macmillan, 2012.

Summary:

Management accounting has undergone significant evolution in recent years, moving away from rigid budgeting programmes and static output measures to more comprehensive approaches which include value identification and measurement. This change has been driven by new management techniques and anchored within firms whose financial characteristics and organisational structures are a radical departure from those of the last century.

Organisations that lead in today's economy have reinvented performance management to adapt to the many and varied challenges they face when driving stakeholder value while attempting to deliver on concurrent goals such as economic and environmental stability. Management accounting principles are now informed by strategy, not by cost. Concepts such as lean management, sustainability, intellectual capital and balanced scorecards have been transformed into robust business tools that can provide competitive advantage and increase the productivity, effectiveness and efficiency of any business, large or small.

Best Practices in Management Accounting provides case studies, commentary and analysis from international experts in management accounting, bringing together a survey of the state of the discipline today. The chapters explore the contemporary focus areas of budgeting and control systems, environmental and intangibles management, non-financial performance measures and public sector management.

The book will be invaluable to those executives, managers and advisers involved in performance measurement and management in public and private companies, government agencies, firms managing intangible assets and firms incorporating sustainability concepts. Book jacket.

Contents:

Budgeting & control systems

The rhetoric and the reality of budget participation / Noah P Barsky

Inter-organisational relationships as a complex adaptive system / Jim Rooney

Management accounting in a lean environment / Riccardo Silvi, Monica Bartolini and Franco Visani

What really happens with performance management systems/ noah p barsky and garry marchant

Recent developments in the representation of management controls / Jim Rooney

Environmental management

Corporate social responsibility and sustainability reporting / Nigel Finch

Management accounting practices for sustainability / Jayanthi Kumarasiri

An integrated package of environmental management control systems / Max L Baker, David A Brown and Teemu Malmi

Intangibles and non-financial performance measures

Efficiency measurement for supplier selection : a data envelopment analysis approach / Franco Visani, Riccardo Silvi and Klaus Mller

Intangible assets : value drivers for competitive advantages / Pankaj M Madhani

Strategic performance measurement system and managerial judgments / Mandy Cheng

French perspectives on non-financial indicators as a managerial information system / Evelyne Poincelot and Gregory Wegmann

Management tools for evaluating performance and value creation in sports organizations / Angel Barajas

Public sector management

Measuring government performance : the role of the balanced scorecard / Zahirul Hoque

Performance measurement and value drivers in the public sector / Suresh Cuganesan and Julie Foreman

Balanced scorecard as a performance management tool for museums / Toomas Haldma and Kertu Lääts.

Notes:

Includes bibliographical references and index.

ISBN:

9780230358362

0230358365

OCLC:

748328610