Business Planning and Control: Integrating Accounting, Strategy and People | by Bruce Bowhill | ISBN:9780470061770. Strategic Management Accounting. Accounting Controls. Prudent Capital Investment Decisions. Improving Internal Business Processes for Competitive Advantage.
Business Planning and Control: Integrating Accounting, Strategy and People
by Bruce Bowhill
ISBN:9780470061770
Exploring relationships between strategy, management accounting information, and the design of control systems, this indispensable book uses management accounting techniques for operational, managerial and strategic purposes.
Get this Book by clicking below:
 |
Business Planning and Control—Integrating Accounting, Strategy and People
Preface
Introduction
The Market
Scope
Features of the Text
Information Available on the Website
Part 1 – Information for Decision-Making and Financial Reporting Requirements
Chapter 1 – Cost Behaviour and Contribution
Objectives
Introduction
Cost Behaviour
Contribution and The Contribution Statement
Break-Even Analysis
Operating Gearing
Assumptions of Break-Even Analysis
Summary
Discussion Questions
Exercises
Chapter 2 – Pricing and Costing in a Competitive Environment
Objectives
Introduction
Identify the Full Cost Per Unit of a Product or Service
Full Costing – A Traditional Approach to Pricing
Approaches to Pricing that Take Into Consideration Market Factors
Target Pricing/Target Costing
Pricing Strategies
Pricing and The Product Lifecycle
Lifecycle Costing
Whole Lifecycle Costing – A Purchaser Perspective
Inter-Company Sales
Full Cost and Profit/Loss Per Unit
Summary
Further Reading
Discussion Questions
Exercises
Chapter 3 – Further Decision-Making Problems
Objectives
Introduction
Short-Term Decision-Making in Organizations
Some Typical Short-Term Problems in Organizations
Cost Terms and Further Consideration of Relevant Costs
Summary
Further Reading
Discussion Questions
Exercises
Chapter 4 – Capital Investment Decisions
Objectives
Introduction
Financial Evaluation of the Investment Decision
Decision Rule for Accepting Projects
Consideration of a Problem Requiring a More Detailed Analysis of Cash Flows
Summary
Further Reading
Discussion Questions
Exercises
Chapter 5 – Traditional Approaches to Full Costing
Objectives
Introduction
Cost Recording and Classification
Purposes of Full/Total Costing
Costing Products and Services
A Comprehensive Example – Calculating the Overhead Recovery for Milton Ltd
Period and Product Costs and The Calculation of Profit
Different Costing Methods for Different Industries
Summary
Further Reading
Discussion Questions
Exercises
Chapter 6 – Activity-Based Costing
Objectives
Introduction
Activity Analysis and Cost Behaviour
Activity-Based Costing
Problems with Identifying An Accurate Product or Service Cost for Decision-Making Purposes
Conditions in Which ABC May be Appropriate
Applications of ABC
Summary
Further Reading
Discussion Questions
Exercises
Part 2 – Traditional Accounting Controls
Chapter 7 – Budgetary Control Systems
Objectives
Introduction
Stages in the Planning Process
The Budget
The Potential Benefits of Budgeting
Budgetary Control
Identifying Best Practice in the Design of Budgetary Control Reports
Feedforward Control
Budgetary Control and Reward Systems
Summary
Further Reading
Discussion Questions
Exercises
Chapter 8 – Preparing the Master Budget
Objectives
Introduction
Preparation of the Cash Flow Budget
Budgeting for Overheads
Preparing the Master Budget
A Comprehensive Budgeting Exercise
Preparing the Cash Flow Budget and The Budgeted Profit and Loss Account and Balance Sheet
Using a Computer-Based Decision Support System
Summary
Further Reading
Discussion Questions
Exercises
Chapter 9 – Standard Costing and Manufacturing Methods
Objectives
Introduction
Standard Costing
Relevance of Standard Cost Systems in the New Competitive Environment
Alternative Production Strategies
Summary
Further Reading
Discussion Questions
Exercises
Chapter 10 – Control in Divisionalized Organizations
Objectives
Introduction
Controlling a Business Through Developing New Organizational Structures
Transfer Pricing in Divisional Organizations
Analysing Divisional Profits
Treating Divisions as Investment Centres
Summary
Further Reading
Discussion Questions
Exercises
Chapter 11 – Control Using Accounting Ratios
Objectives
Introduction
The Information Needs of Stakeholders
Key Financial Ratios
Calculating and Interpreting Key Profitability Ratios
Using Accounting Ratios to Assess Whether too Much or too Little Money is Tied Up in Working Capital
Long-Term Solvency Ratios – Gearing
Investment Ratios
Limitations of Ratio Analysis
Summary
Further Reading
Discussion Questions
Exercises
Chapter 12 – Funding the Business
Objectives
Introduction
Identifying the Funding Requirement
Identifying and Meeting the Permanent and Temporary Funding Requirement
Costs and Risks of Different Capital Structures
Temporary Funding Requirements
Cash Flow Statement and Cash Ratios
Summary
Further Reading
Discussion Questions
Exercises
Part 3 – Strategic Management
Chapter 13 – Objectives, Strategy and Influences
Objectives
Introduction
Mission Statements and Objectives
Gap Analysis
Strategic Management
Influences on the Mission Statement, Corporate Goals and Strategies
Summary
Further Reading
Exercises
Chapter 14 – Strategic Analysis—The External Environment
Objectives
Introduction to Environmental Appraisal
Macro-Environmental Changes
Competitor Analysis
Market Analysis
Identifying Threats and Opportunities
Analysis of Individual Competitors and Identification of Strategic Options
Summary
Further reading
Exercises
Chapter 15 – Internal Appraisal of the Organization
Objectives
Introduction
Market Analysis and Appraisal of Products and Services
Achieving Competitive Advantage
Sources of Competitive Advantage
Resource Audit
Competencies
Comparative Analysis
Summary
Further Reading
Discussion Questions
Chapter 16 – Accounting and Strategic Analysis
Objectives
Introduction
Competitive Position in Target Markets
Strategic Positioning, Strategy and Accounting Information
Resource Analysis and Accounting
Identifying Organizational Competencies – Value Chain Analysis and Accounting
Assessing the Potential Impact of Changes in the External Environment
Strategic Management Accounting – ‘A Figment of Academic Imagination’?
Summary
Further Reading
Discussion Questions
Exercises
Chapter 17 – Identifying Suitable Strategic Options
Objectives
Introduction
Identifying Strategic Options
Identifying Methods for Achieving Different Options
Evaluating the Suitability of Different Options
A Strategic Perspective to Investment Appraisal
Acceptability and Feasibility
Summary
Further Reading
Exercises
Chapter 18 – Evaluating Strategies and Writing the Business Plan
Objectives
Introduction
Evaluation of Return of Different Strategies
Evaluation of Strategic Options Taking Account of Risk or Uncertainty
Feasibility of Different Options – Resource Use and the Decision-Making Process
Preparing the Business Plan
Summary
Further Reading
Discussion Questions
Exercises
Appendix: Calculation of Payback, ARR, NPV and IRR for New Route for Rominska Airlines
Part 4 – Issues in Management Control
Chapter 19 – Budgetary Control, Performance Management and Alternative Approaches to Control
Objectives
Introduction
Requirements of a Successful Performance Management System
Issues of Budgetary Control – Limitations as a System of Performance Management
Performance Management Systems – Potential Design Changes
Issues of Budgetary Control – ‘Behavioural’ Implications and Improving Budgeting Processes
Alternative Forms of Control
Summary
Further reading
Exercises
Chapter 20 – Strategy and Control System Design
Objectives
Introduction
Performance Measurement Systems
The Balanced Scorecard
Strategy Implementation and Control
Summary
Further Reading
Exercises
Chapter 21 – Measuring Shareholder Value
Objectives
Introduction
Potential Problems of Residual Income
Economic Value Added
Cash Flow Models
Market Value Added
Intangible Assets
Summary
Further Reading
Discussion Questions
Exercises
Appendix: Accounting for Intangible Assets
Intangible Assets – International Accounting Standard 38 (IAS 38)
Goodwill Resulting from Business Combinations – International Financial Reporting Standard 3 (IFRS 3)
Chapter 22 – Measuring and Improving Internal Business Processes
Objectives
Introduction
The Internal Business Process Perspective
Measuring Internal Business Processes
Improving Business Processes
The Role of Management Accounting Information in Process Improvement
Summary
Further Reading
Discussion Questions
Exercises
Chapter 23 – Complexity, Uncertainty and Control
Objectives
Introduction
Control Methods
Complexity, Uncertainty and Control Methods
Beyond Budgeting
Contingency Theory of Management Accounting
Implications of Contingency Theory
Summary
Further Reading
Discussion Questions
Indicative Answers to Questions
Chapter 1
Chapter 2
Chapter 3
Chapter 4
Chapter 5
Chapter 6
Chapter 7
Chapter 8
Chapter 9
Chapter 10
Chapter 11
Chapter 12
Chapter 16
Chapter 21
Chapter 22
Case Information
Dundee Bicycle Division – Part A
Dundee Bicycle Division – Part B
The UK Bicycle Market
McLoed Ltd – Assembly Division
Siegmund Ltd
Coopers Leisure Resorts Ltd
Appendix— Present Value Table
Glossary
References
For 1000+ more Business Books & Management Books, click below:
Related posts:
- SAP ERP Financials and FICO Handbook | by S. N. Padhi | 2010 | ISBN: 9780763780807. Enterprise Resource Planning Books. COST CENTER ACCOUNTING (CO-CCA). G/L ACCOUNTING (FI-G/L). PROFIT CENTER ACCOUNTING (PCA). PRODUCT COSTING (CO-PC). ASSET ACCOUNTING (AA). INTERNAL ORDER (CO-IO)
- Guide to Business Planning | by Graham Friend and Stefan Zehle | 2009 | ISBN: 9781846681226. BUSINESS PLANNING MODEL. THE PROCESS OF WRITING THE BUSINESS PLAN. BUSINESS PLAN TEMPLATE. Product and Portfolio Analysis. BASIS OF COMPETITIVE ADVANTAGE. CHARACTERISTICS OF A GOOD BUSINESS MODEL
- Marketing Strategy: The Difference Between Marketing and Markets, Third Edition | by Paul Fifield | ISBN: 9780750656757. Internal Business Drivers. Competitive Business Strategy Development. What Makes a Good Market Objective? From Marketing Strategy to Tactics.
- Human Capital Management: Achieving Added Value through People | by Angela Baron and Michael Armstrong | ISBN: 9780749453848. HUMAN CAPITAL ADVANTAGE AND RESOURCE-BASED STRATEGY. HCM Toolkit. HCM SKILLS OF HR SPECIALISTS
- Breaking Through the Project Fog: How Smart Organizations Create, Select and Execute On-Strategy Projects | by James Norrie | ISBN: 9780470840719. ON- STRATEGY PROJECT MANAGEMENT. BUILDING A STRATEGIC PROJECT SCORING MODEL. INTERNAL PROJECT RISK ASSESSMENT. STRATEGIC PMO PROCESSES
- Strategic Human Resource Management: A Guide to Action, Fourth Edition | by Michael Armstrong | ISBN: 9780749453756. Organization Development Strategy. Corporate Social Responsibility Strategy. Employee Engagement Strategy. Human Capital Management Strategy. Learning and Development Strategy
- Strategic Planning: How to Deliver Maximum Value Through Effective Business Strategy | by Robert G. Wittmann and Matthias P. Reuter | ISBN: 9780749452339. Value Based Management. Creating a Successful Organization. Establishing Strategic Strength.
- Strategic Information Technology and Portfolio Management | by Albert Wee Kwan Tan and Petros Theodorou (eds) | 2009 | ISBN: 9781599046877. Information Technology Investment Management. Strategic Technology Engineering Planning. Strategic Capital Capacity and Capability Management of IS/IT.
- Aligning Human Resources and Business Strategy | by Linda Holbeche | ISBN: 9780750653626. HR Books. Strategic HRM. Holistic HR Frameworks. Strategic Recruitment. Strategies for Developing People. High Performance HR Work Practices.
- Strategic Alliances & Marketing Partnerships: Gaining Competitive Advantage through Collaboration and Partnering | by Richard Gibbs and Andrew Humphries | 2009 | ISBN: 9780749454845
- Strategic DNA: Bringing Business Strategy to Life | by Lawrence Hobbs | ISBN: 9781932841367. Business Strategy Management Books. A Recipe for Business Success. Strategy Clarification and Mapping. Implementation Structure Organization. Project Execution and Control. Learning Analysis and Feedback
- Brink’s Modern Internal Auditing: A Common Body of Knowledge, Seventh Edition | by Robert R. Moeller | 2009 | ISBN: 9780470293034. The Professional Internal Auditor Reference Book. Internal Control Framework. Internal Controls Standards. Audit Tools and Techniques.
- Strategic Information Management: Challenges and Strategies in Managing Information Systems, Third Edition | by Robert D. Galliers and Dorothy E. Leidner (eds) | ISBN: 9780750656191. Strategic Information Systems. Information Systems Planning Process. Information Systems–Business Strategy Alignment
- Fundamentals of Corporate Finance | by Robert Parrino and David S. Kidwell | 2009 | ISBN: 9780471270560. Financial Manager Guide to Financial System and Markets. Financial Planning Model and Forecasting. Working Capital Management. Cash Management and Budgeting. How Firms Raise Capital.
- Rattiner’s Review for the CFP Certification Examination: Fast Track, Study Guide, Third Edition | by Jeffrey H. Rattiner | 2009 | ISBN: 9780470436288. Financial Planning Practice Standards. Strategic Investment Planning.
- Performance Management: Integrating Strategy Execution, Methodologies, Risk, and Analytics | by Gary Cokins | 2009 | ISBN: 9780470449981. Performance Management Books. Performance Improvement Systems. Organizational Transformation.
- Just-in-Time Accounting: How to Decrease Costs and Increase Efficiency, Third Edition | by Steven M. Bragg | 2009 | ISBN:9780470403723. Accounting Books. Accounting Best Practices.
- Corporate Financial Strategy, Second Edition | by Ruth Bender and Keith Ward | ISBN: 9780750648998. Start Up Businesses and Venture Capital Investors Guide. Financing Working Capital. Restructuring a Company. Shareholder Value Management.
- Dynamic Strategy-Making: Real-Time Guidelines for the 21st Century Leader | by Larry E. Greiner and Thomas G. Cummings | 2009 | ISBN: 9780787996635. Strategic Management Books. Building a Strategic System. Facilitating Real-Time Business Strategy.
- Smart Green: How to Implement Sustainable Business Practices in Any Industry – and Make Money | by Jonathan Estes | 2009 | ISBN: 9780470387795. Business Strategy Books. Becoming a Smart Green Company. Smart Green Strategic Planning. Sustainability and Entrepreneurship.
- Getting Started in Investment Analysis | by Warren Brussee | 2009 | ISBN: 9780470283844. Investment Books. Investing EBooks. Prudent Investing Practices.
- Finance: Financial Markets, Business Finance, and Asset Management | by Frank J. Fabozzi and Pamela Peterson Drake | 2009 | ISBN: 9780470407356. Financial Management Books. Investment Management Books. Financial Ratio Analysis. Financial Strategy. Financial Planning.
- Strategy and Management Books. The Business Tree: Growth Strategies and Tactics for Surviving and Thriving | by Hank Moore | 2010 | ISBN: 9781601630940. Planting and Nurturing Growth Strategies. Strategic Planning Process.
- Marketing Planning by Design: Systematic Planning for Successful Marketing Strategy | by Ralf E. Strauss | ISBN: 9780470721674. Chief Marketing Officer (CMO) Guide. Seven Phases for Developing Marketing Strategy and Systematic Marketing Planning. 10 HURDLES OF MARKETING PLANNING.
- The Differentiated Workforce: Transforming Talent into Strategic Impact | by Brian E. Becker, Mark A. Huselid and Richard W. Beatty | 2009 | ISBN: 9781422104460. Workforce Strategy Guide. Best Practices to Deliver Business Results.
- The Marketing Strategy Desktop Guide, Second Edition | by Norton Paley | ISBN: 9781854184900. How to Manage Your Competitor Intelligence. Successful Marketing Research Techniques. How to Manage Your Strategic Marketing Plans. How to Manage Your Product Strategy. Guidelines for Successful Sales Promotion
- The Business Plan Workbook: The Definitive Guide to Researching, Writing Up and Presenting a Winning Plan, 6th Edition | by Colin Barrow, Paul Barrow and Robert Brown | ISBN: 9780749452315. Plan for Market Research. Developing Competitive Business Strategy
- Strategy Power Plays: Winning Business Ideas from the World’s Greatest Strategic Minds | by Karen McCreadie and Tim Phillips | 2009 | ISBN: 9781906821173. Strategic Management Books. Qualities of a Successful Leader.
- 240+ New Business Books – Strategy & Management, Leadership, Finance, Investment, Human Resources, Sales & Marketing
- The Executive MBA in Information Security | by John J. Trinckes, Jr. | 2010 | ISBN: 9781439810071. Information Security Management. IT Audit and Compliance. Effective Information Security Program. Administrative Controls. Technical Controls. Application Controls. Perimeter Controls
- Business War Games: How Large, Small, and New Companies Can Vastly Improve Their Strategies and Outmaneuver the Competition | by Benjamin Gilad | 2009 | ISBN: 9781601630308. Competitive Strategy Development.
- Wiley CPA Examination Review: Outlines and Study Guides 2009-2010, 36th Edition, Volume 1 | by Patrick R. Delaney and O. Ray Whittington | 2009 | ISBN: 9780470453353. Accounting Books. Financial Accounting and Reporting. Accounting Professional Responsibilities.
- Lean Cost Management: Accounting For Lean By Establishing Flow | by James R. Huntzinger | ISBN: 9781932159516. Financial Management Books. Designing For the Lean Enterprise. COST AND MANAGERIAL ACCOUNTING. INVENTORY REDUCTION TECHNIQUES. How to Transform To Lean Cost Management
- Handbook of International Human Resource Management: Integrating People, Process, and Context | by Paul R. Sparrow (ed) | 2009 | ISBN: 9781405167406. Human Resources Books.
- Strategic Intellectual Capital Management in Multinational Organizations: Sustainability and Successful Implications | by Kevin J. O’Sullivan | 2010 | ISBN: 9781605666792. Knowledge Management Framework. Intellectual Capital Measurement and Reporting. Building Human Capital with Learning Management Systems
- Innovation and Creativity Books. The New Age of Innovation: Driving Cocreated Value Through Global Networks | by C. K. Prahalad and M.S. Krishnan | ISBN: 9780071598286. The Enablers of Innovation. Source of Competitive Advantage. Analytical Tools Provide Business Insights
- Offensive Marketing: An Action Guide to Gaining Competitive Advantage | by Hugh Davidson, Warren J. Keegan and Elyse Arnow Brill | ISBN: 9780750674591. FIVE ELEMENTS IN THE OFFENSIVE MARKETING APPROACH. PRACTICAL TOOLS FOR ACHIEVING INTEGRATED MARKETING. MARKETING SEGMENTATION FIVE-STEP PROCESS
- The Art of Quantum Planning: Lessons from Quantum Physics for Breakthrough Strategy, Innovation, and Leadership | by Gerald Harris | 2009 | ISBN: 9781605092652. Strategic Planner Guide Book. Personal Growth Tips.
- International Business: A Global Perspective | by Marios I. Katsioloudes and Spyros Hadjidakis | ISBN: 9780750679831. Cross-cultural Management and Training. International Trade and International Investment. International Business Research. International Economic Integration
- Quantitative Methods for Business: The A to Z of QM | by John Buglear | ISBN: 9780750658980. Financial Management Books. Statistical and Accounting Tables. EXCEL, MINITAB and SPSS. Correlation and Regression Analysis. Discrete Probability Distributions and Simulation
Comments
Learning Corner- Expert Online Tutoring that Increase Academic Achievement and Enhance Learning.
- Great Golf Vacation at Myrtle Beach Resort.
- American Residential Law Group (ARLG) - Expert Legal Representation on Mortgage Related Legal Affairs.
- The foundation for Customer-Centric Selling - Understanding the customer's business.
- Rediscover the enjoyment of greater sound detail and clarity with cochlear implant.
- Seven business programs that constitute The Best Practices Enterprise philosophy
- Professional Article Writing Service
- Entertaining and creative musical comedy extravaganza
- Durable and stylish mailbox for your home
- Two most useful Social Media Channels for extending the reach of E-mail Marketing Campaigns. Integrating Social Media with E-mail Marketing Campaigns.
Our Site
Welcome to KuTenk. Business Success Center. Life Success Center. Career Success Center.
Center for Enhancing your Professional Development and Personal Learning from KuTenk Success Center.
Business, Investment, Finance, Accounting, Economics, Sales, Marketing, Strategy, Management, Leadership, Motivation, Stock Trading, Small Business & Entrepreneurship, Real Estate, Business Skills, Self Development.
Our site is a DoFollow Blog. Comment & Backlink to us and you'll get Link back from us automatically. No Spamming or Irrelevant Comments please.
Subscribe to Our Blog via Email