Budgeting Practice and Organisational Structure

Budgeting Practice and Organisational Structure
Author: David Dugdale
Publisher: Elsevier
Total Pages: 255
Release: 2010-01-18
Genre: Business & Economics
ISBN: 0080965911
GET BOOK

Budgeting is at the heart of the performance management process for most companies. However, some argue that many companies today are dissatisfied with budgeting. It is seen to be costly and time-consuming; it inhibits action and causes organisational problems. The influence of the "Beyond Budgeting" model has caused many major companies, including Toyota, to abandon traditional budgeting altogether. Should other companies follow suit? Budgeting Practice and Organisational Structure explores the changes in budgeting through a survey of financial and non-financial managers. Concerns include: - The attitudes of managers towards budgeting models - How budgetary practices have changed - What problems budgeting can cause - The effects of budgets on overall company performance. This report reveals that there's little evidence to suggest widespread dissatisfaction with traditional budgeting. However, to enable a company to perform at its best, understanding budgeting in context is essential and it is imperative that budgeting works in tandem with other control systems and organisational structure. - Original research funded by the Chartered Institute of Management Accounting - Reveals the realities of budgeting models in practice - Includes interviews and surveys of actual businesses

Beyond Budgeting

Beyond Budgeting
Author: Jeremy Hope
Publisher: Harvard Business Press
Total Pages: 254
Release: 2003
Genre: Administración
ISBN: 1578518660
GET BOOK

The annual budgeting process is a trap. Pressured by fixed targets and performance incentives, managers focus on making the numbers instead of making a difference, meeting set goals instead of maximizing potential. With their compensation at stake, managers often resort to deceitful-even unethical-behavior. In the end, everybody loses-the employee, the company, and ultimately the customer. Now, finance experts Jeremy Hope and Robin Fraser reveal the results of an intensive study aimed at fixing the broken budgeting process. They argue that companies must abandon traditional budgeting contracts in favor of a radical new model that links performance measurement to evolving competitive benchmarks-and shifts the firm's focus from controlling employee behavior to delivering customer value. The Beyond Budgeting model is built on the best practices of companies that have successfully revised their centralized planning and budgeting processes. It combines a leadership vision that devolves more authority to operating managers and a finance vision that enables fast decision making through appropriate tools and accessible information. Through vivid examples, Hope and Fraser illustrate how companies can implement these shared visions-and the long-term benefits that accrue from embracing them. Offering a compelling case for breaking free from the budgeting trap, this book paves the way toward making organizations better places to work for, invest in, and do business with.

Guidelines for Public Expenditure Management

Guidelines for Public Expenditure Management
Author: Mr.Jack Diamond
Publisher: International Monetary Fund
Total Pages: 84
Release: 1999-07-01
Genre: Business & Economics
ISBN: 9781557757876
GET BOOK

Traditionally, economics training in public finances has focused more on tax than public expenditure issues, and within expenditure, more on policy considerations than the more mundane matters of public expenditure management. For many years, the IMF's Public Expenditure Management Division has answered specific questions raised by fiscal economists on such missions. Based on this experience, these guidelines arose from the need to provide a general overview of the principles and practices observed in three key aspects of public expenditure management: budget preparation, budget execution, and cash planning. For each aspect of public expenditure management, the guidelines identify separately the differing practices in four groups of countries - the francophone systems, the Commonwealth systems, Latin America, and those in the transition economies. Edited by Barry H. Potter and Jack Diamond, this publication is intended for a general fiscal, or a general budget, advisor interested in the macroeconomic dimension of public expenditure management.

Understanding Government Budgets

Understanding Government Budgets
Author: R. Mark Musell
Publisher: Routledge
Total Pages: 117
Release: 2009-09-10
Genre: Business & Economics
ISBN: 1135855560
GET BOOK

Budgets in the United States follow rules of presentation and use terms that make sense to few outside the world of government finance. Moreover, practices vary widely among the thousands of governments in the country, between federal, state, and local levels. Understanding Government Budgets offers detailed explanations of each of the different types of information found in budgets, featuring annotated examples from both state and local budgets, as well as the budget of the federal government. It stresses that the choices made about format and organization influence the story a budget tells about government. The goal of the book is to make the format of budgets and the information they contain accessible and understandable, helping users make better sense of government and its performance. Perfect for undergraduate or graduate level courses in budgeting and public administration, Understanding Government Budgets also makes a useful guide to budgets for the average citizen with an interest in how government operates or journalists writing about it.

Implementing Beyond Budgeting

Implementing Beyond Budgeting
Author: Bjarte Bogsnes
Publisher: John Wiley & Sons
Total Pages: 206
Release: 2008-12-03
Genre: Business & Economics
ISBN: 0470405163
GET BOOK

The author describes the serious and systemic problems with traditional management practices, and provides concrete alternatives and practical guidance on how to implement the beyond budgeting methodology, drawing on cases in which he has implemented beyond budgeting in large, global companies.

EBOOK: Management Accounting

EBOOK: Management Accounting
Author: John Burns
Publisher: McGraw Hill
Total Pages: 669
Release: 2013-01-16
Genre: Business & Economics
ISBN: 0077152395
GET BOOK

A modern and contemporary approach to Management Accounting, this brand new textbook written specifically for courses in the UK and Europe provides an essential grounding for students studying both traditional and new Management Accounting techniques. Importantly, this complete text takes its readers beyond just the traditional accounting techniques, to place accounting information and the role of the Management Accountant in a broader organizational context. The text will provide a definitive education for tomorrow's "business-partner" Management Accountants and finance-literate business managers.

Cost Accounting MCQ PDF: Questions and Answers Download | BBA MBA Accounting MCQs Book

Cost Accounting MCQ PDF: Questions and Answers Download | BBA MBA Accounting MCQs Book
Author: Arshad Iqbal
Publisher: Bushra Arshad
Total Pages: 216
Release: 2019-05-17
Genre: Study Aids
ISBN:
GET BOOK

The Book Cost Accounting Multiple Choice Questions (MCQ Quiz) with Answers PDF Download (Cost Accounting PDF Book): MCQ Questions Chapter 1-29 & Practice Tests with Answer Key (MBA/BBA Accounting Textbook MCQs, Notes & Question Bank) includes revision guide for problem solving with hundreds of solved MCQs. Cost Accounting MCQ with Answers PDF book covers basic concepts, analytical and practical assessment tests. "Cost Accounting MCQ" Book PDF helps to practice test questions from exam prep notes. The eBook Cost Accounting MCQs with Answers PDF includes revision guide with verbal, quantitative, and analytical past papers, solved MCQs. Cost Accounting Multiple Choice Questions and Answers (MCQs) PDF Download, an eBook covers solved quiz questions and answers on chapters: Accounting concepts, activity based costing and management, balanced scorecard and strategic profitability analysis, balanced scorecard, quality, time and theory of constraints, basics of accounting, budgeting and accounting, capacity analysis and inventory costing, capital budgeting and cost benefit analysis, cost allocation, customer profitability and sales variance analysis, cost allocation, joint products and byproducts, cost function and behavior, cost management and pricing decisions, cost volume profit analysis, decision making process and information, department costs, common costs and revenues, direct cost variances and management control, financial ratios analysis, flexible budget and management control, flexible budget: overhead cost variance, fundamentals of accounting, inventory management, just in time and costing methods, job costing, management accounting in organization, management control systems and multinational considerations, master budget and responsibility accounting, overhead cost variances and management control, performance measurement, compensation and multinational considerations, process costing, spoilage, rework, and scrap tests for college and university revision guide. Cost accounting Quiz Questions and Answers PDF Download, free eBook’s sample covers beginner's solved questions, textbook's study notes to practice online tests. The Book Class 11-12 Cost Accounting MCQs Chapter 1-29 PDF includes high school question papers to review practice tests for exams. Cost Accounting Multiple Choice Questions (MCQ) with Answers PDF digital edition eBook, a study guide with textbook chapters' tests for CFP/CFA/CMA/CPA/CA/ICCI/ACCA competitive exam. Cost Accounting Practice Tests Chapter 1-29 eBook covers problem solving exam tests from BBA/MBA textbook and practical eBook chapter wise as: Chapter 1: Accounting Concepts MCQ Chapter 2: Activity based Costing and Management MCQ Chapter 3: Balanced Scorecard and Strategic Profitability Analysis MCQ Chapter 4: Balanced Scorecard: Quality, Time and Theory of Constraints MCQ Chapter 5: Basics of Accounting MCQ Chapter 6: Budgeting and Accounting MCQ Chapter 7: Capacity Analysis and Inventory Costing MCQ Chapter 8: Capital Budgeting and Cost Benefit Analysis MCQ Chapter 9: Cost Allocation, Customer Profitability and Sales Variance Analysis MCQ Chapter 10: Cost Allocation: Joint Products and Byproducts MCQ Chapter 11: Cost Function and Behavior MCQ Chapter 12: Cost Management and Pricing Decisions MCQ Chapter 13: Cost Volume Profit Analysis MCQ Chapter 14: Decision Making Process and Information MCQ Chapter 15: Department Costs, Common Costs and Revenues MCQ Chapter 16: Direct Cost Variances and Management Control MCQ Chapter 17: Financial Ratios Analysis MCQ Chapter 18: Flexible Budget and Management Control MCQ Chapter 19: Flexible Budget: Overhead Cost Variance MCQ Chapter 20: Fundamentals of Accounting MCQ Chapter 21: Inventory Management, Just in Time and Costing Methods MCQ Chapter 22: Job Costing MCQ Chapter 23: Management Accounting in Organization MCQ Chapter 24: Management Control Systems and Multinational Considerations MCQ Chapter 25: Master Budget and Responsibility Accounting MCQ Chapter 26: Overhead Cost Variances and Management Control MCQ Chapter 27: Performance Measurement, Compensation and Multinational Considerations MCQ Chapter 28: Process Costing MCQ Chapter 29: Spoilage, Rework and Scrap MCQ The e-Book Accounting Concepts MCQs PDF, chapter 1 practice test to solve MCQ questions: Conversion costs, cost analysis, inventory types, inventorable cost and period cost, manufacturing costs, period costs, prime costs, and types of inventories. The e-Book Activity Based Costing and Management MCQs PDF, chapter 2 practice test to solve MCQ questions: Activity based costing systems, activity based costing, accounting, broad averaging and consequence, and refining costing system. The e-Book Balanced Scorecard and Strategic Profitability Analysis MCQs PDF, chapter 3 practice test to solve MCQ questions: Balanced scorecard, strategic analysis, accounting strategy, operating income, and strategy implementation. The e-Book Balanced Scorecard: Quality, Time and Theory of Constraints MCQs PDF, chapter 4 practice test to solve MCQ questions: Costs of quality, quality improvements, customer response time and on time performance, analyzing problems and improve quality, balance scorecard and measures, bottlenecks, financial perspective, and competitive tool. The e-Book Basics of Accounting MCQs PDF, chapter 5 practice test to solve MCQ questions: Direct costs, indirect costs, and what is cost in accounting. The e-Book Budgeting and Accounting MCQs PDF, chapter 6 practice test to solve MCQ questions: Budgeting and responsibility accounting, and Kaizen budgeting. The e-Book Capacity Analysis and Inventory Costing MCQs PDF, chapter 7 practice test to solve MCQ questions: Absorption costing, inventory costing methods, manufacturing companies, and throughput costing. The e-Book Capital Budgeting and Cost Benefit Analysis MCQs PDF, chapter 8 practice test to solve MCQ questions: Accrual accounting, rate of return method, capital budgeting and inflation, capital budgeting stages, cost analysis dimensions, discounted cash flow, and payback method. The e-Book Cost Allocation, Customer Profitability and Sales Variance Analysis MCQs PDF, chapter 9 practice test to solve MCQ questions: Cost allocation and costing systems, customer revenues and costs, sales mix and sales quantity variances, and static budget variance. The e-Book Cost Allocation: Joint Products and Byproducts MCQs PDF, chapter 10 practice test to solve MCQ questions: Joint cost, irrelevant joint costs, byproducts accounting, constant gross margin percentage NRV method, decision making, net realizable value method, sales value, split off method, and scrap. The e-Book Cost Function and Behavior MCQs PDF, chapter 11 practice test to solve MCQ questions: Estimating cost functions, estimating cost function using quantitative analysis, linear cost functions, nonlinearity and cost functions, cost estimation methods, curves and nonlinear cost function, data collection and adjustment issues, independent variables, quantitative analysis in marketing, regression analysis, regression equation, regression line, specification analysis, and estimation assumptions. The e-Book Cost Management and Pricing Decisions MCQs PDF, chapter 12 practice test to solve MCQ questions: Pricing strategies, cost based pricing, product budgeting life cycle and costing, target costing and target pricing, value engineering, insurance and lock in costs. The e-Book Cost Volume Profit Analysis MCQs PDF, chapter 13 practice test to solve MCQ questions: CVP analysis, operating income, breakeven point, target income, gross margin calculations, total costs, unit costs, and variable cost. The e-Book Decision Making Process and Information MCQs PDF, chapter 14 practice test to solve MCQ questions: Decision making process, information and decision process, concept of relevance, insourcing versus outsourcing, and make versus buy decisions. The e-Book Department Costs, Common Costs and Revenues MCQs PDF, chapter 15 practice test to solve MCQ questions: Allocating costs, common costs, revenue allocation, revenue allocation methods, multiple support departments, operating departments, bundled products, single rate and dual rate methods. The e-Book Direct Cost Variances and Management Control MCQs PDF, chapter 16 practice test to solve MCQ questions: Use of variances, efficiency variance, price and efficiency variance, management accounting, period costs, and static budget. The e-Book Financial Ratios Analysis MCQs PDF, chapter 17 practice test to solve MCQ questions: Sensitivity analysis, operating income, breakeven point, target income, contribution margin calculations, contribution margin versus gross margin, effects of sales mix on income, gross margin calculations, and uncertainty. The e-Book Flexible Budget and Management Control MCQs PDF, chapter 18 practice test to solve MCQ questions: Flexible budget, flexible budget variance, static budget, sales volume variance, and cost accounting. The e-Book Flexible Budget: Overhead Cost Variance MCQs PDF, chapter 19 practice test to solve MCQ questions: Cost variance analysis, overhead cost variance analysis, fixed overhead cost variances, activity based costing, production volume variance, setup cost, variable and fixed overhead costs. The e-Book Fundamentals of Accounting MCQs PDF, chapter 20 practice test to solve MCQ questions: Direct costs, indirect costs, manufacturing costs, manufacturing, merchandising and service sector companies, total costs, unit costs, and types of inventory. The e-Book Inventory Management, Just in Time and Costing Methods MCQs PDF, chapter 21 practice test to solve MCQ questions: Inventory management system, inventory related relevant costs, just in time purchasing, cost accounts, inventory management, MRP, retail organizations, and inventory management. The e-Book Job Costing MCQs PDF, chapter 22 practice test to solve MCQ questions: Building block concepts of costing systems, budget indirect costs, end of financial year, indirect costs allocation, normal costings, total costs, unit costs, and variations from normal costing. The e-Book Management Accounting in Organization MCQs PDF, chapter 23 practice test to solve MCQ questions: Management accounting, management accounting guidelines, organization structure and management accountant, decision making process, information and decision process, financial and cost accounting, and strategic decisions. The e-Book Management Control Systems and Multinational Considerations MCQs PDF, chapter 24 practice test to solve MCQ questions: Management control systems, decentralization costs, organization structure, decentralization, and transfer pricing. The e-Book Master Budget and Responsibility Accounting MCQs PDF, chapter 25 practice test to solve MCQ questions: Budgets and budgeting cycle, Kaizen budgeting, responsibility and controllability, accounting concepts, accounting principles, computer based financial planning models, internal controls accounting, sensitivity analysis, uncertainty, and types of inventory. The e-Book Overhead Cost Variances and Management Control MCQs PDF, chapter 26 practice test to solve MCQ questions: Fixed overhead costs, flexible budget variance, and planning of variable. The e-Book Performance Measurement, Compensation and Multinational Considerations MCQs PDF, chapter 27 practice test to solve MCQ questions: Performance measure, financial and nonfinancial performance measures, economic value added, strategy and levels, and residual income. The e-Book Process Costing MCQs PDF, chapter 28 practice test to solve MCQ questions: Process costing system, operation costing, transferred in costs, WAM and spoilage, and weighted average method. The e-Book Spoilage, Rework and Scrap MCQs PDF, chapter 29 practice test to solve MCQ questions: Job costing, spoilage, rework and scrap terminology, scrap and byproducts accounting, types of spoilage, WAM, and spoilage.

Lean Enterprise Software and Systems

Lean Enterprise Software and Systems
Author: Brian Fitzgerald
Publisher: Springer
Total Pages: 231
Release: 2013-11-26
Genre: Computers
ISBN: 3642449301
GET BOOK

This book contains the refereed proceedings of the 4th International Conference on Lean Enterprise Software and Systems, LESS 2013, held in Galway, Ireland, in December 2013. LESS fosters interactions between practitioners and researchers by joining the lean product development and the agile software development communities in a highly collaborative environment. Each year, the program combines novelties and recent research results that make new ideas thrive during and after the conference. This year, the conference agenda was expanded to incorporate topics such as portfolio management, open innovation and enterprise transformation. The 14 papers selected for this book represent a diverse range of experiences, studies and theoretical achievements. They are organized in four sections on lean software development, quality and performance, case studies and emerging developments.

A Social Critique of Corporate Reporting

A Social Critique of Corporate Reporting
Author: David Crowther
Publisher: Routledge
Total Pages: 252
Release: 2016-03-16
Genre: Business & Economics
ISBN: 1317186796
GET BOOK

In the critically acclaimed first edition of A Social Critique of Corporate Reporting, David Crowther examined the perceived dialectic around traditional and environmental reporting to show it to be a false dialectic. Corporate reporting continues to change rapidly to incorporate more detail and especially environmental and social information. At the same time the mechanism for reporting has changed and the internet now enables more information to be provided to an ever wider range of stakeholders and interest groups. The perceived conflict between financial performance representing the needs of investors and other dimensions of performance representing the needs of other stakeholders still however continues to exist. In this updated edition, this perceived conflict is re-examined along with the wider purposes of corporate reporting. These are examined in the context of web based reporting and a greater concern for all stakeholders. The conclusion is that, although recent developments have produced changes, the essential conflict is still professed to exist, but remains a largely imaginary one. The analysis in this book makes use of both statistics and semiotics and in so doing develops a semiology of corporate reporting that offers an alternative to other research that is largely based on econometrics. Researchers, higher level students and others with an interest in or responsibility for corporate reporting, corporate social responsibility, accounting research, or semiotics will find this book essential reading.