Management Control Systems / Edition 4

by Kenneth Merchant, Wim Van der Stede

Overview

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

As the market-leading text for Management Control and performance measurement, Management Control Systems 4th Edition will give you a thorough understanding of core concepts and key topics. Including a wide range of international case studies and real life examples means this is the ideal guide for understanding complex topics and bringing this subject to life.

Product Details

ISBN-13:	9781292110554
Publisher:	Pearson Education
Publication date:	05/05/2017
Edition description:	New Edition
Pages:	792
Product dimensions:	7.40(w) x 9.70(h) x 1.50(d)

About the Author

Kenneth A. Merchant is the Deloitte & Touche LLP Chair of Accountancy 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.

Table of Contents

• PART I: The Control function of Management
• 1 Management and Control
• PART II: Management Control alternatives and their effects
• 2 Results Controls
• 3 Action, Personnel, and Cultural Controls
• 4 Control System Tightness
• 5 Control System Costs
• 6 Designing and Evaluating Management Control Systems
• PART III: Financial Results Control Systems
• 7 Financial Responsibility Centers
• 8 Planning and Budgeting
• 9 Incentive Systems
• PART IV: Performance measurement issues and their effects
• 10 Financial Performance Measures and their Effects
• 11 Combinations of Measures and Other Remedies to the Myopia Problem
• 12 Using Financial Results Control in the Presence of Uncontrollable Factors
• PART V: Corporate Governance, Important Control-related roles and Ethics
• 13 Corporate Governance and Boards of Directors
• 14 Controllers and Auditors
• 15 Management Control-Related Ethical Issues and Analyses
• PART VI: Significant Situational influences on management control systems
• 16 Management Control in Non-Profit Organizations
• Index

Editorial Reviews

If this book were fiction, I would refer to it as a real page-turner” Eddy Vaassen, Tilburg University

“The book provides a comprehensive view of management control systems and is written in a very engaging style” Paul Summers, Summit Accountancy Training / University of Liverpool

From the Publisher