Management Accounting Standards for Sustainable Business Practices

£215.00

Management Accounting Standards for Sustainable Business Practices

Management accounting, bookkeeping and auditing

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Language: English

Published by: Business Science Reference

Published on: 5 July 2019

Format: LCP-protected ePub

Size: 21 Mb

ISBN: 9781799801818


Modern companies and sustainability

Modern companies are under increasing pressure to conduct their business in an environmentally responsible manner due to social and environmental problems. They must find the means to deploy their businesses in a socially- and environmentally-sustainable way without sacrificing their economic performance (e.g., profits to shareholders and owners) and wellbeing.

The role of management accounting

By integrating multiple processes and methods, management accounting plays a key role in achieving a company's sustainability, notably by providing reliable, relevant, accurate, and timely information to managers.

Management Accounting Standards for Sustainable Business Practices

Management Accounting Standards for Sustainable Business Practices is a pivotal reference source that explores how management accounting plays a key role in establishing future business strategies and adapting to business, corporate image, and reputation, and identifies responses to the requirements of the business environment and all stakeholders in developing multilateral communication and interactive relationships.

External vs. internal accounting

It contrasts external financial accounting for government regulators and the investment community with internal management accounting for managers to leverage for decision making.

Topics covered and target audience

Featuring research on topics such as ethical practices, creative accounting, and strategic planning, this book is ideally designed for CFOs, financial controllers, business analysts, FP&A analysts, managers, leaders, researchers, and students.

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