Management Control Systems

by Robert Newton; Dearden John; Bedford Norton M. Anthony

Management Control Systems 10/e builds on strengths from prior editions by offering a rich diversity of cases balanced with current material. The primary market for Management Control Systems is an MBA level elective in control systems. The text may also be appropriate for advanced managerial accounting courses and/or MBA-level cost accounting courses with an emphasis on management control. The text is organized to develop insights and analytical skills related to how managers go about designing,implementing,and using planning and control systems to implement strategies.

Genres: Management, Business, Textbooks, Economics, Nonfiction

Paperback

First published January 1, 1976

Reviews

[Mina · Rating 1 out of 5]

Used in second year undergraduate Management Accounting module. As long as you overlook anything related to accounting and the redundant 45% bit of every paragraph, you should be able to find the case studies and exercises useful.

Some sentences I didn't skim over that this book could have done without:
"Strategies are the big plans, important plans."

"A positive variance is favourable because it indicates that actual profit exceeded budgeted profit - if I may, your equations beg to differ - and a negative variance is unfavourable." - You don't say.

"As the managers of the various responsibility centres have different responsibilities, different financial performance measures are used when evaluating and rewarding these managers." - There are more articulate English-as-a-second-language fifth graders.

"A responsibility centre is an organisational unit that is headed by a manager who is responsible for its activities." - As opposed to the headless chicken variety.

"In addition, the controllability principle is important."





I rest my case.





This book is poorly written, but there is some pertinent content in the area of organisational structures. Also, the authors made the respectable decision to fill the other 40% of this book with exercises and case studies.

On the other hand the math is unexplained. I'm not talking about the how-to and which number goes where, I'm talking about the 'why'.

Selling price variance: Actual unit sales volume times the difference of price between the actual price and the budgeted price. Why should I remember this? It doesn't say. The internet, though points out that it's useful in telling whether the actual price is higher or lower than the budgeted price - the actual numbers you put in - comparison, we learn it in first grade, why does it need multiplicating? It's not like the actual volume could be negative.

I spent the better part of half an hour puzzling over three simple equations (pg. 388-389), the purpose of which is not only left unexplained, save for the cooking instructions, and all of which coming down to (Actual profit) - (Budgeted profit) +/- Constant x Variable i.e. a positive variance might have to do with something other than profits. Also, when they do plug in the numbers, some go positive, some go negative, so, same products, same volumes, same contributions in three sets of equations - selling price, mix & volume and mix variance equations - one negative, two positive.

I'm stumped, did we win?

[Rendi Hartanto · Rating 5 out of 5]

i think this is a good book to learn how we manage to control management system

[Deniss Ojastu · Rating 4 out of 5]

One can learn how one can/shall manage an organisation through controlling its key processes. Good focus on financial procedures. Quite dry content. Many useful and extensive case studies. Yet applicable mainly for large organisations.

[Bob · Rating 4 out of 5]

Used as textbook for second-year MBA elective in Managerial Accounting and Control Systems, Graduate School of Industrial Administration, Carnegie Mellon University, Fall 1981.

[Wendy Pratama · Rating 5 out of 5]

good

[Sudjono Idris]

Terima kasih, membantu untuk belajar dan mengajar

[Haji Mohammad]

transuctions

[Alan · Rating 4 out of 5]

Text and cases. The basis of Harvard Business control course.

[Faruq Cahyono]

I need to read all this book with good understanding

[Mii]

good

[Muzzi]

;lk