Management Accounting: A Review of Contemporary Developments by Robert W. Scapens

By Robert W. Scapens

Studies from first version: 'This book...is a complete survey of released examine and said improvement in administration accounting over the last twenty years. As such, it's a priceless and simply assimilated 'state of the artwork' review.' David Fanning, British Accounting assessment 'For somebody who desires to understand the place administration accounting has been going, Scapens is a superb guide...I suggest it to somebody who desires to meet up with what has been occurring in administration accounting conception. in truth, i do know of no larger technique to do so.' David Solomons, Accounting and enterprise learn

Show description

Read Online or Download Management Accounting: A Review of Contemporary Developments PDF

Best managerial books

Government Intervention in Globalization: Regulation, Trade and Devaluation Wars

This publication offers institutional info and makes use of analytical instruments to explains why governments should still interfere in economies plagued by globalization. With research of present nation stories and matters, this ebook is an important learn for all attracted to the calls for on fiscal coverage in globalized age.

Managerial Accounting, 8th Edition

Crosson and Needles proceed to aid teachers remain on best of the switch curve with Managerial Accounting. Balanced, versatile content material during this market-leading textual content is supported by means of an array of built-in print and expertise vitamins. no matter if an teacher desires to current a person or procedural orientation, include new tutorial options, advance scholars' middle talents and talents, or combine expertise into the school room, Managerial Accounting offers a complete answer, making it the ordinary selection for accounting teachers.

Winning CFOs: Implementing and Applying Better Practices

Higher practices that modern-day CFOs can hire to convey worth and potency to the groups that report back to them aiding company accountants from the CFOs to the administration accountant enforce higher practices that may make a distinction to their finance team's functionality, profitable CFOs exhibits company accountants how one can create everlasting advancements of their organization's approaches.

Value-Based Working Capital Management: Determining Liquid Asset Levels in Entrepreneurial Environments

Value-Based operating Capital administration analyzes the reasons and results of flawed money circulate administration among entrepreneurial enterprises with various degrees of threat. This paintings appears to be like on the causes and standards for decision-making via marketers of their efforts to guard the monetary safeguard in their companies and deal with monetary liquidity.

Additional info for Management Accounting: A Review of Contemporary Developments

Example text

It is important to recognise the nature of these properties, because if they are not met in a particular regression problem, the estimates of a and b will be affected. The following are the assumed properties: (i) The mean of the error term is zero. (ii) The values of the error terms e; and ei associated with any two values of X are independent. (iii) There is a constant variance of the error term for all observed values of X. The independence and constant variance properties of the error term require careful consideration, as they could be violated in a number of accounting contexts.

The notion of 'conditional truth' is appropriate because management accounting, as described above, implies that different costs are needed for different purposes, or in other words, accounting information depends on the information needs of managers. Thus, in developing management accounting concepts and techniques researchers had to identify managers' information needs. In general, this The Conventional Wisdom 23 meant constructing decision models to indicate how decisions are, or should be, made.

3. In that case, the regression equation takes the form Y=a, where a is the mean of the Y observations. In such a case, the value of b is zero and the regression has no explanatory power- for any value of X, the best estimate of Y is the mean of the observed values of Y. Two approaches are available to test the adequacy of the linear model: (i) The hypothesis that the value of b in the regression equation is significantly different from zero can be tested. (ii) The variation in the dependent variable which is explained by the model can be analysed - this is known as the analysis of variance.

Download PDF sample

Rated 4.04 of 5 – based on 11 votes