Đang chuẩn bị nút TẢI XUỐNG, xin hãy chờ
Tải xuống
Chapter 13 - Strategic accounting issues in multinational corporations. The main contents of the chapter consist of the following: Accounting and the formulation of multinational business strategy, multinational capital budgeting, accounting and the implementation of multinational business strategy, performance evaluation systems in a multinational corporation, culture and management control. | Chapter Topics Accounting and the formulation of multinational business strategy Multinational capital budgeting Accounting and the implementation of multinational business strategy Performance evaluation systems in a multinational corporation Culture and management control Learning Objectives Explain the role played by accounting in formulating multinational business strategy. Demonstrate an understanding of multinational capital budgeting. Describe the factors that influence strategy implementation within a multinational corporation. Discuss the role of accounting in implementing multinational business strategy. Identify issues involved in the design and implementation of an effective performance evaluation system within a multinational corporation. Strategies are large scale plans that reflect the desired direction of the company. Strategy formulation involves determining organizational goals and strategies to achieve those goals. Strategy implementation involves managerial efforts to influence employees to attain organizational goals. Managerial influence is also referred to as management control. Accounting has a significant role to play in strategy formulation and implementation. Information is a key ingredient in the strategy formulation process providing information about both internal and external factors. This involves analysis of customer, market, and competitor information, as well as risk assessment. It also includes financial expressions of firm strategy and preparation of budgets. Capital budgeting is an important part of strategy formulation. Learning Objective 1 Budgeting Budgeting is the primary use of accounting information in strategy formulation. Budgeting assists in strategy formulation by providing managers with information about short-term and long-term planning responsibilities. Budgeting also provides expectations against which future results can be judged. Learning Objective 1 Overview The fundamental concepts of capital budgeting are the | Chapter Topics Accounting and the formulation of multinational business strategy Multinational capital budgeting Accounting and the implementation of multinational business strategy Performance evaluation systems in a multinational corporation Culture and management control Learning Objectives Explain the role played by accounting in formulating multinational business strategy. Demonstrate an understanding of multinational capital budgeting. Describe the factors that influence strategy implementation within a multinational corporation. Discuss the role of accounting in implementing multinational business strategy. Identify issues involved in the design and implementation of an effective performance evaluation system within a multinational corporation. Strategies are large scale plans that reflect the desired direction of the company. Strategy formulation involves determining organizational goals and strategies to achieve those goals. Strategy implementation involves managerial efforts
