Strategic Managerial Accounting - a Primer for the IT Professional PDF Download

Author: Gopal Saxena
Publisher:
ISBN: 9781631575853
Category :
Languages : en
Pages :

View

Book Description

Author: Gopal Saxena
Publisher: Business Expert Press
ISBN: 1631575848
Category : Business & Economics
Languages : en
Pages : 135

View

Book Description
This book, probably the first written from the perspective of software professionals, attempts to introduce them to the mysteries of strategic managerial accounting (SMA). The common view in the industry is that "accounting is for the accountants", despite the fact that IT professionals are regularly confronted by financial situations such as project pricing, performance measurement, risk estimation, costs allocation etc. While it is desirable and even necessary that every proposal be vetted by respective specialists, the speed and reliability of the process could improve if the people who originate the proposal had knowledge of the fundamentals that go into the decision making. Unfortunately most books on management accounting, whether strategic or otherwise, are written from the perspective of the manufacturing industry. The IT and services industry on the other hand has a unique cost structure, quite distinct from manufacturing, which needs to be dealt with from a different perspective. This book focuses on SMA in context of the IT software industry, and seeks to equip the IT professional with some basics of SMA to assist them in making more informed decisions.

Author: Wing Sun Li
Publisher: Springer
ISBN: 981105729X
Category : Business & Economics
Languages : en
Pages : 263

View

Book Description
This book serves as a guide to strategic management accounting. It introduces new and useful concepts on how to collect, analyse, and evaluate options to enable managers to steer corporate directions and write strategic plans for the long-term success of the corporation. Starting with basic techniques and the latest strategic management approaches, the book then presents cases that show the techniques employed step by step. By demonstrating how easily the ideas can be translated into action, it is a valuable resource for business practitioners, as well as for students taking advanced management accounting courses.

Author: Roger Hussey
Publisher: Business Expert Press
ISBN: 1947098969
Category : Business & Economics
Languages : en
Pages : 233

View

Book Description
Increasing business competition is compelling managers not only to develop realistic and achievable strategies but also to analyze goals in financial terms and to evaluate performance. But where do you, as a manager, learn about the key methods and techniques of strategic cost analysis? This text explains in simple language the methods and techniques of cost analysis that can be applied strategically at any level in an organization—be it manufacturing, service, or the nonprofit sector. Since the interaction of the organization’s activities, the influences of the external world, and your responsibilities as a manager need to be captured in financial terms to help plan, control, and make decisions, this book is what you’ll require in today’s world.

Author: Falconer Mitchell
Publisher: Business Expert Press
ISBN: 1631578367
Category : Business & Economics
Languages : en
Pages : 145

View

Book Description
This book is intended for practitioners, students, and researchers who are interested in designing, using, assessing, and researching performance management systems. Managerial personnel involved in such activity will hold many beliefs about how their organization functions. This text uses the philosophy of pragmatic constructivism to show how managerial beliefs that underlie action can be made explicit and so facilitate their assessment and improvement. This involves recognizing and integrating the four dimensions (facts, possibilities, values, and communication) that represent how managers relate to the reality in which they operate. When managerial beliefs are based on an accurate representation of reality, they are more likely to be successful. Problems occur where reality is misrepresented in managerial beliefs. This is especially so in performance management, as the book illustrates using real-world examples. Specific topics addressed include planning and decision making, performance management of investment center managers, strategic performance management, and operational performance management.

Author: Sean Stein Smith
Publisher: Business Expert Press
ISBN: 1631576852
Category : Business & Economics
Languages : en
Pages : 263

View

Book Description
This book critically analyzes the concept of strategic management accounting, the implications this emerging paradigm will have on the accounting profession, and the ramifications for businesses at large. This research examines current literature, and illustrates these concepts with current market examples. This manuscript approaches the topic in a way that is unique by linking the concept of SMA to the integrated reporting framework. In essence, strategic management accounting is a theory with broad-based support, but the IR framework and reporting structure provides a vehicle through which progress, costs, and benefits of a more strategic accounting function can be evaluated. Focusing on principles, primarily for internal management utilization, the following provides an outline and summary of concepts and techniques that can be used to elevate the role of the management accounting function. Whether you are a management expert, an accounting professional, or simply someone looking to keep up to date with emerging business trends, this text provides the content, and action-oriented steps to meet those expectations.

Author: Graham S. Pitcher
Publisher:
ISBN: 9781947843813
Category : Managerial accounting
Languages : en
Pages : 0

View

Book Description
In the 1980's and 1990's management accounting was criticised for being too operationally focused and failing to aid strategic decision making. As a response the term strategic management accounting, along with new techniques, were promoted to address the issue. Despite the emergence of articles and books explaining the strategic management concepts and techniques, the term has not become an accepted element in the lexicon of accounting practitioners. Research, however, suggests that practitioners do use a variety of management accounting techniques to support the achievement of strategic objectives. This book, rather than just explain the techniques, takes a different approach and utilises the strategic management framework to indicate how management accounting can aid the strategic management process and hence strategic decision making. It takes the view that management accounting should aid management decision making whether it be operational, business or strategic. A range of strategy models and accounting techniques are covered in the book together with an explanation of how they can be combined to aid the analysis, development, implementation and evaluation of strategy. The book will aid students who are studying accounting courses as well as those studying courses for which business strategy forms a part of the content. There are books that cover accounting techniques, and books that cover strategy models, but few that emphatically link the two together to provide guidance on how management accounting can aid the strategic management process. The book will also benefit practitioners wishing to understand how the accountant can make a significant contribution to the strategic management of an organisation to ensure its continued success.

Author: Vassili Joannidès de Lautour
Publisher: Springer
ISBN: 3319929496
Category : Business & Economics
Languages : en
Pages : 297

View

Book Description
This book responds to key issues in strategic management control by studying the interplay between strategy, operations, finance and controls. Grounded in research but written with practitioners and students in mind, it addresses the most up-to-date management control issues in the public sector, forecasting, budgeting and controls in international organisations.

Author: Hampton
Publisher:
ISBN: 9780840370624
Category :
Languages : en
Pages :

View

Book Description

Author: Keith Ward
Publisher: Routledge
ISBN: 0750601108
Category : Business & Economics
Languages : en
Pages : 312

View

Book Description
Places management accounting clearly within the context of the strategic management of the business, and provides an overview of both competitive and corporate strategic issues. The author addresses strategic management accounting as a continuous process of analysis, planning and control.