Excerpt from Towards a Definition of Financial Control Systems
Conceptually, however, one requires a broader definition. Financial measures are dollar-denominated measures and not necessarily accounting based measures.' Economic value is not measured by the accountant, but at the conceptual level is an excellent, potential control variable.
Opportunity costs are not found in an accounting system, but serve as ideal control measures.
This article seeks to define financial control systems independently of the accounting system. In so doing, it attempts to lay a foundation for empirical research into financial control systems. The basic research question is what determines the design of such a system. Is it a trans lation of the goals and objectives of the enterprise into dollar - denominated variables? Or, is the financial control system a function of the accounting system and, more partiarly, of the financial accounting system?
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
Vendeur : Forgotten Books, London, Royaume-Uni
Paperback. Etat : New. Print on Demand. This book introduces a new definition to the term 'financial control system' beyond accounting and budgeting. The author examines the idea that financial control systems are dollar-denominated variables used by management to oversee and regulate organizations. This book argues that traditional definitions are too narrow and do not offer a comprehensive examination of financial controls. The author posits that financial control systems consist of interrelated variables, people, and processes that encapsulate a company's goals and objectives. It explores how these systems provide information, support decision-making, and model organizational performance. The author also discusses the relationship between financial control systems and accounting systems, management control systems, and organizational objectives. This book provides a comprehensive framework for understanding financial control systems and their role in organizational management. It offers valuable insights for managers, accountants, and researchers seeking to improve the effectiveness of financial control systems in their organizations. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781334431319_0
Quantité disponible : Plus de 20 disponibles
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781334431319
Quantité disponible : 15 disponible(s)
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781334431319
Quantité disponible : 15 disponible(s)
Vendeur : moluna, Greven, Allemagne
Etat : New. KlappentextrnrnExcerpt from Towards a Definition of Financial Control SystemsConceptually, however, one requires a broader definition. Financial measures are dollar-denominated measures and not necessarily accounting based measures. Eco. N° de réf. du vendeur 2148143408
Quantité disponible : Plus de 20 disponibles