Contemporary Issues in Management Accounting

Over the past decade, management accounting has been changes not just within existing domains of the field, but has also witnessed extensions outside its established realms of activity. Wider systemic transformations including changes in political regimes, novel conceptions of management controls, the impact of globalizing forces on commercial affairs, shifts in notions of effective knowledge management, governance and ethics, and technological advances, including the rise of broadband, have all impacted management accounting endeavours. The field is as fast changing as it has ever been. This book captures key facets of current thoughts, concerns, and issues in management accounting. The book consists of eighteen chapters written by distinguished scholars in the field. The topic areas covered in some chapters reflect established management accounting topics such as budgeting and responsibility accounting, contract theory analysis, contingency frameworks, performance measurement systems, and strategic cost management, which are considered within the perspective of changing concerns facing modern organizations and present day management thought. Other chapters deal with newly emerging concerns in management accounting, including network relations, integrated cost management systems, knowledge management pursuits, environmental management accounting, and accounting and digitization. Each chapter encompasses discussions of basic premises complemented by insights from modern day practice, research, and thought. This makes the book particularly suitable for students in intermediate, advanced, and executive level courses in management accounting. It also provides an extensive corpus of discussions which will inform those in practice. Readers interested in gaining direct insights into specialized management accounting areas will find this book to be an especially valuable reference source.