Description
Book SynopsisBusiness Planning and Control: Integrating Accounting, Strategyand Peoplestarts withan introduction to core areas of management accounting and business planning. It then explores relationships between strategy, management accounting information, and the design of control systems, taking into account the needs of both people and organizations.
Business Planning and Control is an indispensable text for both undergraduate and postgraduate students takingmodules related to management accounting and business planning and control.
Table of ContentsPreface vii
Information available on the website xi
Acknowledgements xiii
Part 1 Information for decision-making and financial reporting requirements 1
1 Cost behaviour and contribution 3
2 Pricing and costing in a competitive environment 29
3 Further decision-making problems 57
4 Capital investment decisions 85
5 Traditional approaches to full costing 105
6 Activity-based costing 129
Part 2 Traditional accounting controls 151
7 Budgetary control systems 153
8 Preparing the master budget 179
9 Standard costing and manufacturing methods 207
10 Control in divisionalized organizations 237
11 Control using accounting ratios 261
12 Funding the business 289
Part 3 Strategic management 311
13 Objectives, strategy and influences 313
14 Strategic analysis – the external environment 331
15 Internal appraisal of the organization 349
16 Accounting and strategic analysis 371
17 Identifying suitable strategic options 397
18 Evaluating strategies and writing the business plan 417
Part 4 Issues in management control 443
19 Budgetary control, performance management and alternative approaches to control 445
20 Strategy and control system design 467
21 Measuring shareholder value 489
22 Measuring and improving internal business processes 515
23 Complexity, uncertainty and control 539
Indicative answers to questions 561
Case information 575
Appendix – Present value table 591
Glossary 593
References 601
Index 605
