SAP Controlling

In a fast-paced business environment, management requires timely and accurate information that will help them make informed decisions. To survive in the modern competitive markets associated with constantly changing technologies, Ghanbari et al., (2015) suggest that organisations have to employ modern methods to continously enhance control of their operations. This has led to adoption of modern information systems as evidenced by the shift towards management accounting. In particular, management accounting assists in collecting, processing as well as communicating information that assists management for control purposes. These entails controlling people, processes, activities, quality, market, and business units. This essay thus evaluates the argument that management accounting plays crucial control roles that cannot be explained in economic terms only. To achieve this aim, the essay will first evaluate the control roles played by MA. Second, the paper will evaluate whether these control roles offer solutions to problems.

NCC Journal, 2018

A larger entity of the cost management system which assists executives in fulfilling organizational objectives is known as management accounting and control system (MACS). It is used for planning, monitoring and control of different organizational activities, to optimize the use of resources, to support the process of decision making and to the performance evaluation process. The scope of the MACS can be divided into two broad groups: technical considerations and behavioral considerations. Technical considerations fall into two categories: (i) the relevance of information generated and (ii) the scope of the system like the value chain, total life cycle costing, target costing, kaizen costing, benchmarking, balanced scorecard etc. whereas the behavioral consideration involves individuals and their behavior within organizations.NCC JournalVol. 3, No. 1, 2018, Page: 153-166

2016

2011

Managerial accounting is a very useful tool in decision making given that managers need various information about the evolution of the economic within organizations they lead, from detailed knowledge of costs and to modeling the behavior of decision makers. Managerial accounting has therefore become an integral part of the management process by providing critical information for managers who must plan, supervise and decide in a changing business environment, highly competitive, characterized by imperfect information, disparate objectives and control problems within the organization.

Journal of Management Control

Theoretical and Applied Economics, 2014

Internationalization and globalization marked in Europe in the early ’70s the development of controlling, in its role to complete the management and have influenced it to a great extent until present. In practice, controllers’ responsibilities range from the extreme of performing only primary accounting tasks and up to the extreme of undertakings related to executive management. Controlling has undergone decades of evolution, and herewith the concept got standardized in theory and practice; however it cannot be claimed that a unitary definition for controlling has already been achieved. Same as a theatre spotlight shines on the stage from different angles, controlling should be viewed in the same way, as: mind-set, substance, work approach, process, tool and role. Only when all the lights are on and the object is viewed from all sides, it can be defined in its completeness. As a management function, controlling must be practiced in a professional manner, as the sustainable developme...

Euromaidan Press: https://euromaidanpress.com/2024/08/21/not-about-banning-theologian-unpacks-ukraines-new-anti-russian-church-law/, 2024

Academia Letters, 2021