Financial accounting and management control [electronic resource] : the tensions and conflicts between uniformity and uniqueness / Fredrik Nilsson, Anna-Karin Stockenstrand.
2015
HF5636
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Online Access
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Unlimited
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Authorized users
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Can lend chapters, not whole ebooks
Details
Title
Financial accounting and management control [electronic resource] : the tensions and conflicts between uniformity and uniqueness / Fredrik Nilsson, Anna-Karin Stockenstrand.
Author
Nilsson, Fredrik, author.
ISBN
9783319137827 electronic book
3319137824 electronic book
9783319137810
3319137824 electronic book
9783319137810
Published
Cham : Springer, [2015]
Copyright
©2015
Language
English
Description
1 online resource.
Other Standard Identifiers
10.1007/978-3-319-13782-7 doi
Call Number
HF5636
Dewey Decimal Classification
657
Summary
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.
Bibliography, etc. Note
Includes bibliographical references.
Access Note
Access limited to authorized users.
Source of Description
Description based on online resource; title from PDF title page (viewed February 25, 2015).
Added Author
Stockenstrand, Anna-Karin, author.
Series
Contributions to management science.
Available in Other Form
Print version: 9783319137810
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Online Access
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Table of Contents
The objectives of financial accounting and management control
A Frame of reference
Financial accounting standards: Some examples
How financial accounting affects management control
Concluding reflections.
A Frame of reference
Financial accounting standards: Some examples
How financial accounting affects management control
Concluding reflections.