Archive for Ch 7 – Planning & Control: theories and principles

7 results.

What is the cost when projects go wrong? The case of TSB.

by Liz on May 21, 2018 at 1:37 pm
Posted In: Ch 20 - Managing Quality & Time, Ch 3 - Taxonomy of Costs, Ch 7 - Planning & Control: theories and principles

Buy our book here. In April 2018 the bank named TSB, suffered a serious IT failure, which resulted in their customers not being able to access their accounts, having wrong information shown, accessing other customers information and transactions not being […] ↓ Read the rest of this entry…

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US Army – poor management controls

by admin on February 13, 2017 at 8:13 pm
Posted In: Ch 7 - Planning & Control: theories and principles, Uncategorized

Buy our book here. According to a report on Fortune, the US Army accounts certainly do not eek of military efficiency. The report notes “the Army made $2.8 trillion in wrongful adjustments to accounting entries in one quarter alone in 2015, […] ↓ Read the rest of this entry…

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Mission statements generator

by João on June 27, 2016 at 8:00 am
Posted In: Ch 16 - Performance Measurement: theories and principles, Ch 7 - Planning & Control: theories and principles, General management accounting

Buy our book here. You know that management control systems should be aligned with strategy – which in turn should be aligned with the organization’s mission and vision. Of course, defining management control systems becomes particularly problematic whenever strategy, mission […] ↓ Read the rest of this entry…

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The impact of rising interest rates

by John on October 8, 2015 at 11:50 am
Posted In: Ch 10 - Beyond Budgeting, Ch 12 - Cost Behaviour & Estimation, Ch 17 - Strategic Performance measurement, Ch 19 - Cost Management, Value Creation and Sustainable Development, Ch 2 - information, Ch 3 - Taxonomy of Costs, Ch 7 - Planning & Control: theories and principles, Ch 8 - budgeting, Ch 9 - Flexible Budgeting & Variance Analysis, Ch1 - changing contexts

Buy our book here.   In the UK, in recent times, the Governor of the Bank of England has dropped several hints that the Bank’s ‘base rate’ of interest could be rising. Once this happens, high-street banks usually follow suit […] ↓ Read the rest of this entry…

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Meeting the costs of global disasters: where costs take a back seat to ‘what’s right to do’

by John on May 19, 2014 at 6:25 pm
Posted In: Ch 10 - Beyond Budgeting, Ch 3 - Taxonomy of Costs, Ch 4 - Job costing, Ch 7 - Planning & Control: theories and principles, Ch 8 - budgeting

Buy our book here. On 8th March, 2014, Malaysian Airlines flight MH370 left Kuala Lumpur airport bound to Beijing but sadly never completed the journey. Since this tragedy there has been an extensive search operation under way, consisting multiple and […] ↓ Read the rest of this entry…

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English Premiership football teams (re-)looking at their budgets

by John on July 1, 2013 at 10:00 am
Posted In: Ch 17 - Strategic Performance measurement, Ch 22 - Management Accounting Change (Implementation), Ch 3 - Taxonomy of Costs, Ch 7 - Planning & Control: theories and principles, Ch 8 - budgeting

Buy our book here. In the 2013-14 season, English Premiership football teams will receive a massive hike in their TV revenues. The top teams in the division are expected to earn at least 60 million (UK pounds) each during the […] ↓ Read the rest of this entry…

Change in the UK’s National Health Service (NHS)

by John on April 8, 2013 at 10:00 am
Posted In: Ch 16 - Performance Measurement: theories and principles, Ch 17 - Strategic Performance measurement, Ch 22 - Management Accounting Change (Implementation), Ch 7 - Planning & Control: theories and principles

Buy our book here. Since 2011, the NHS has undergone significant change. Much more power has been given to doctors; they now have responsibility for around 80% of total (government-funded) budget. Previously the NHS management structure was more complicated than […] ↓ Read the rest of this entry…

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