A demonstration of how to integrate management accounting with TQM
and JIT systems, as well as how to make better strategic decisions
through value-added accounting. This comprehensive overview of the
work of leading practitioners traces the development of best
practice in the field and explains how the latest management
accounting techniques can transform an organisation's operations
and future prospects. (Kirkus UK)
* Understand how to integrate management accounting into your TQM
and JIT systems * Learn how to use Value Added Accounting to make
better strategic decisions * Find out how to use advanced costing
techniques to correctly price products and services * Trace the
development of modern best practice back to the breakthrough
insights of the field's leading experts
Every modern company now has to compete in a market environment
that is becoming ever faster, more complex and competitive.
Management accounting must respond to these changes, otherwise its
risks becoming irrelevant to real business needs.
This book demonstrates how the discipline can raise itself up to a
new level of performance, allowing it to cope with challenges such
as flexible manufacturing systems, flatter and leaner
organisations, strategic alliances and globalisation. It explains
how cutting edge management accounting techniques can transform a
firm's operations and prospects, enabling it to become the best of
the best.
By describing the contributions made by leading practitioners and
experts, it shows how their original insights have developed into
modern best practice. Its comprehensive overview includes areas
such as quality (Deming, Juran, Crosby and Taguchi), advanced
costing (Walker, Cooper and Kaplan), economic value (Stern and
Rappaport) and performance measurement (Drucker, Kaplan and
Norton).
The reader will learn how world class organisations use Value Added
Accounting to cost their products and services, create an
information infrastructure for JIT and TQM, make strategic
decisions and carry out evaluations of their employees, divisions
and investments.
Understand how to integrate management accounting into your TQM and
JIT systems
Learn how to use Value Added Accounting to make better strategic
decisions
Find out how to use advanced costing techniques to correctly price
products and services
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