Best Practices in Management Accounting

Management accounting has undergone significant evolution moving away from rigid budgeting programs and static output measures to comprehensive approaches of value identification and measurement.The book provides case studies, commentary and analysis from international experts in management accounting across the contemporary focus areas.

Table of Contents

Part I: Budgeting and Control Systems 1
1 The Rhetoric and Reality of Budget Participation 3
2 Inter-Organisational Relationships as a Complex Adaptive System 20
3 Management Accounting in a Lean Environment 33
4 What Really Happens with Performance Management Systems 52
5 Recent Progress in Management Control Depiction 72

Part II: Environmental Management 89
6 Corporate Social Responsibility and Sustainability Reporting 91
7 Management Accounting Practices for Sustainability 101
8 An Integrated Package of Environmental Management Control Systems 115

Part III: Intangibles and Non-Financial Performance Measures 131
9 Efficiency Measurement for Supplier Selection and Control: A Data Envelopment Analysis Approach 133
10 Intangible Assets: Value Drivers for Competitive Advantage 146
11 Strategic Performance Measurement Systems and Managerial Judgements 166
12 Non-Financial Indicators and Strategic Management Accounting 182
13 Management Tools for Evaluating Performance and Value Creation in Sports Organisations 190

Part IV: Public Sector Management 209
14 Measuring Performance in Government and Non-Profit Organisations: The Role of the Balanced Scorecard 211
15 Performance Measurement in the Public Sector: Evaluating Performance Measurement and Reporting in Health 220
16 The Balanced Scorecard as a Performance Management Tool for Museums 232

Index 253