Contemporary Management Accounting Practices in UK Manufacturing

Erscheinungsjahr 2005
ISBN: 978-0-7506-6871-2
Verlag: Elsevier Science & Technology

Buch, Englisch, 224 Seiten, Format (B × H): 165 mm x 234 mm

Reihe: CIMA Research

This report investigates the presentation and analysis of financial information in 41 UK Manufacturing companies. Traditional and contemporary accounting techniques are exemplified in the case studies. With old and new techniques explored, the research shows that there is little that is new in management accounting theory and practice. The study concludes that there is not one set of practices which all should follow.


·Cima research report - reveals methods currently used for reporting financial information in UK manufacturing companies.
·Based on 41 companies, it shows a rich diversity of reporting practices that are constrained neither by the financial accounting requirements of SSAP9 nor by any sense of general management accounting trends.
·Financial Directors choose from a toolkit of 'traditional' and 'contemporary' practices in constructing reporting systems appropriate to their varied commercial needs, but with a strong leaning towards contribution margin approaches.

Zielgruppe

Professional Accountants;Finance Practioners in the manufacturing industry.

Autoren/Hrsg.

Dugdale, David

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen Betriebliches Rechnungswesen
• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen Controlling, Wirtschaftsprüfung, Revision

Inhaltsverzeichnis

Contemporary Management Accounting Practices in UK Manufacturing - a CIMA research project - reveals methods currently used for reporting financial information in UK manufacturing companies. Based on a study of 41 companies, it shows a rich diversity of reporting practices that are constrained neither by the financial accounting requirements of SSAP9 nor by any sense of general management accounting trends. Instead, Financial Directors choose from a toolkit of 'traditional' and 'contemporary' practices in constructing reporting systems appropriate to their varied commerical needs, but with a strong leaning towards contribution margin approaches.

From this book readers will discover how different companies develop a wide range of reporting practices in relation to contribution, margin, profit, variances, budgets and forecasts. It is accompanied by an Appendix on CD that supplies and organizational outline, summary of financial reporting practices, and the Profit & Loss pro-forma of each of the companies studied.

The book is an important resource for both academics and practitioners reflecting on current developments in managemen accounting in UK manufacturing.

David Dugdale is Professor of Management Accounting, University of Bristol.

T Colwyn Jones is Professor of Sociology of Accounting, University of the West of England.

Stephen Green is Regional Finance Manager, Home Group Limited.