TY  - BOOK
AU  - Nilsson,Fredrik
AU  - Stockenstrand,Anna-Karin
TI  - Financial Accounting and Management Control: The Tensions and Conflicts Between Uniformity and Uniqueness 
T2  - Contributions to Management Science,
SN  - 9783319137827
AV  - HF5636  .N55 2015
U1  - 657 23
PY  - 2015///
CY  - New York
PB  - Springer
KW  - Accounting
KW  - Bookkeeping
KW  - Finance
KW  - Leadership
KW  - Accounting/Auditing
KW  - Business Strategy/Leadership
KW  - Finance, general
N1  - The objectives of financial accounting and management control -- A Frame of reference -- Financial accounting standards: Some examples -- How financial accounting affects management control -- Concluding reflections
N2  - This book is about financial accounting and management control and how these two information systems are related as well as how their objectives conflict. At the most fundamental level, the objective of financial accounting is to provide owners and funders with comparable information on a company's value creation. The aim of management control, on the other hand, is to give the board, senior executives and employees unique information for strategy formulation and implementation. One often-mentioned negative effect is the risk of financial accounting affecting management control design and use, making it less relevant for decision-making at the company level. The book provides an analysis of the complex relationship between financial accounting and management control. The analysis is based on theoretical reasoning as well as several examples of how financial accounting standards affect not only the annual report but also the control system. An interesting, and perhaps unexpected conclusion is that management control seems to affect financial accounting almost as much as financial accounting affects management control. These complex relationships, which can influence the design and use of both financial accounting and management control, are discussed in detail in this book
ER  -