This website uses technical, customisation and analytical cookies, both first-party and third-party, to anonymously facilitate browsing and analyse statistics on use of the website. Learn more
Search results
-
Medición del desempeño
Ormazabal, Gaizka; Soler, EdiTechnical Note CN-228Accounting and Control, Corporate GovernanceLa medición del rendimiento es un concepto esencial e la asignatura de contabilidad administrativa. Es el proceso de recabar, analizar e informar información relativa al rendimiento de una persona, división, departamento u organización. Desde el punto de vista de la gestión, la medición del rendimiento puede ser útil porque los directivos pueden utilizar esta información para entender mejor los problemas, oportunidades y desafíos que enfrentan la...Starting at €8.20
-
Transfer Pricing
Ormazabal, Gaizka; Soler, EdiTechnical Note CN-227-EAccounting and ControlIn multidivisional companies, it is common to transfer products among divisions. For example, some divisions specialize in manufacturing intermediate products, which are then transferred to other divisions specialized in finished products. The price the manufacturing division charges other divisions for the intermediate product is called the "transfer price." Although internal transfers may seem irrelevant because they do not directly affect corp...Starting at €8.20
-
Performance Measurement
Ormazabal, Gaizka; Soler, EdiTechnical Note CN-228-EAccounting and Control, Corporate GovernancePerformance measurement is a key concept within the managerial accounting discipline. It is the process of collecting, analyzing and reporting information regarding the performance of an individual, division, department or organization. From a management perspective, performance measurement can be useful because managers can use this information to improve their understanding of the problems, opportunities and challenges faced by the different pa...Starting at €8.20
-
Variance Analysis
Ormazabal, Gaizka; Soler, EdiTechnical Note CN-226-EAccounting and ControlIn this technical note we explain how to analyze deviations from a budget. We call this procedure variance analysis. The purpose of this analysis is to better understand the sources of variation between the budget and the actual performance of a company. To illustrate the methodology, we use an example of a company in the textile industry. In the second part of the technical note, we explain how to conduct a variance analysis when there is a vari...Starting at €8.20
-
Monetary Incentives
Ormazabal, Gaizka; Soler, EdiTechnical Note CN-229-EAccounting and Control, Corporate GovernanceWhen designing incentive systems, companies seek to induce employees to act in the best interest of the firm. Among other things, incentive systems tackle the following issues: (1) How can firms retain talent?; (2) How can firms motivate managers to do their best?; and (3) How can firms incentivize managers to take risks without inducing excessive risk-taking? In this technical note, we illustrate how these issues can be dealt with using monetar...Starting at €8.20
-
Cost Systems
Ormazabal, Gaizka; Soler, EdiTechnical Note CN-225-EAccounting and ControlBased on an example, this technical note describes the usual steps involved in designing a cost system. It introduces the typical elements in cost systems and explains how companies can use them to distribute and allocate the costs of resources to different objects. A variation on the same example also allows for illustrating activity-based costing (ABC). The final section analyzes the impact of capacity when it comes to assigning resources using...Starting at €8.20
-
Introduction to Managerial Accounting
Ormazabal, Gaizka; Soler, EdiTechnical Note CN-223-EAccounting and ControlThis technical note is an introduction to managerial accounting, as the title indicates. Accounting systems are measurement procedures that aim to provide useful information about a company. However, there are different users of accounting information. For example, the information that a creditor needs before entering into a loan contract with a company is not necessarily the same information that a manager needs to run the company. While the cre...Starting at €8.20
-
Accounting for Decision Making
Ormazabal, Gaizka; Soler, EdiTechnical Note CN-224-EAccounting and Control, Decision AnalysisThis technical note explains how to quantify the differential impact of decision alternatives on a firm's economic value. It lays out the basic cost concepts (variable and fixed costs, direct and indirect costs, opportunity costs, breakeven point, etc.). The note also analyzes the factors that can influence the decision-making process, such as capacity utilization or possible restrictions. Finally, it compares the differential analyses in terms o...Starting at €8.20