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Management Control Systems: Performance Measurement, Evaluation and Incentives Paperback – 19 September 2011

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With its unique range of case studies, real life examples and comprehensive coverage of the latest management control-related tools and techniques, Management Control Systems is the ideal guide to this complex and multidimensional subject for upper level undergraduates, postgraduates and practising professionals.

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  1. Print length
    832 pages
  2. Language
    English
  3. Publisher
    Financial Times/ Prentice Hall
  4. Publication date
    19 September 2011
  5. Dimensions
    18.8 x 4.06 x 24.38 cm
  6. ISBN-10
    0273737619
  7. ISBN-13
    978-0273737612
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Management Control Systems
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Product description

From the Back Cover

Management Control Systems:

Performance Measurement, Evaluation and Incentives

Third Edition

Kenneth A. Merchant and Wim A. Van der Stede

‘If this book were fiction, I would refer to it as a real page-turner.’
Eddy Vaassen, University of Maastricht

This popular and well-regarded text employs a wide range of international case studies and real life examples to explore management control tools and techniques. With a unique blend of technique, theory and practice, Management Control Systems is the ideal guide to this complex and fascinating subject.

New to this edition:

· Many new cases, including shorter cases for class or workshop use, and several other revised cases

· Recent theory and literature is fully updated and integrated throughout the text

· Revised and updated coverage of Sarbanes-Oxley, as well as similar regulatory movements in other countries

· Expanded discussion of the similarities and differences between management control and internal control, as well as of Enterprise Risk Management

· Coverage of changes to the incentive system since the 2008-2009 financial crisis and subsequent economic recession

· New corporate governance coverage

· Revised and updated discussion of balanced scorecards and non-financial measures of performance

· Updated discussion and examples on ethics

Resources for Lecturers:

  • Fully revised and updated PowerPoint slides to aid in your lectures
  • Comprehensive instructor’s manual, including case study debriefs and a case matrix that helps to bring real world examples to your students
  • Available for download at www.pearsoned.co.uk/merchant

Kenneth A. Merchant is the Deloitte & Touche LLP Chair of Accountancy at the University of Southern California. He is well-known internationally in the field of management accounting and is a part-time research professor at the University of Maastricht.

Wim A. Van der Stede is Professor of Management Accounting at the London School of Economics and Political Science. An author and teacher, he brings a European perspective and a wealth of experience to this book.

About the Author

Kenneth A. Merchant is the Deloitte & Touche LLP Chair of Accountancy at the University of Southern California. He is well-known internationally in the field of management accounting, and is a part-time research professor at the University of Maastricht.

Wim A. Van der Stede is Professor of Management Accounting at the London School of Economics and Political Science. An author and teacher, he brings a European perspective and a wealth of experience to this book.

Product details

  • Publisher ‏ : ‎ Financial Times/ Prentice Hall
  • Publication date ‏ : ‎ 19 September 2011
  • Edition ‏ : ‎ 3rd
  • Language ‏ : ‎ English
  • Print length ‏ : ‎ 832 pages
  • ISBN-10 ‏ : ‎ 0273737619
  • ISBN-13 ‏ : ‎ 978-0273737612
  • Item weight ‏ : ‎ 1.57 kg
  • Dimensions ‏ : ‎ 18.8 x 4.06 x 24.38 cm
  • Customer Reviews:
    4.4 out of 5 stars 58 ratings

About the author

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Kenneth A. Merchant

Kenneth A. Merchant

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Ken Merchant holds the Deloitte & Touche LLP Chair of Accountancy at the University of Southern California. Previously he served as the dean of USC's Leventhal School of Accounting (1994-2001), and he taught at Harvard Business School (1978-90). Over the years he has worked or consulted for many corporations, both large and small, and has served on four corporate boards of directors. Professor Merchant has also served in leadership roles for many academic and professional organizations, including the American Accounting Association and Financial Executives International, and he has won multiple awards for his research contributions. He is a graduate of Union College (BA), Columbia University (MBA), and the University of California, Berkeley (PhD), is a Certified Public Accountant (Texas), and holds a Certificate of Director Education (NACD). In 2010 he was awarded an honorary doctorate by the Turku School of Economics (Finland). His work is supported by his wife (Gail) and daughters (Abbidee and Madelyn).

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  • SanRin
    5.0 out of 5 stars Great textbook, esp if you can get the videos
    Reviewed in the United States on 7 May 2014
    Format: PaperbackVerified Purchase
    This was one of my favorite textbooks in my MBA program. It is well written and organized, and the case studies are interesting. Our teacher also had videos of (usually) the central person of the case study who was interviewed by one of Kenneth Merchant's classes. It was fascinating to hear what had happened afterwards and to see the central person "in the flesh."
    Report
  • Silvio Pedrazzi
    5.0 out of 5 stars Clear and comprehensive
    Reviewed in Italy on 25 September 2015
    Format: PaperbackVerified Purchase
    Great book! All the topics, regardless of the complexity, are explained clearly and in exhaustive way.
    Good for both experts and beginners
    Report
  • Nk
    5.0 out of 5 stars great book
    Reviewed in Germany on 17 January 2013
    Verified Purchase
    I had to buy this book for my studies and it's great. Especially the cases at every end of the chapter make it easy to apply and use what you have read.
    Report
  • Matt
    5.0 out of 5 stars As advertised
    Reviewed in Canada on 29 September 2016
    Format: PaperbackVerified Purchase
    I bought this book for a friend. It was much cheaper here than the university book store. The product was as advertised.
    Report
  • Hariz N.
    5.0 out of 5 stars even the theoretical bits is easy to understand although some can be bit more complex
    Reviewed in the United Kingdom on 18 November 2015
    Format: PaperbackVerified Purchase
    I am an accounting student at Uni of Manc who is taking a subject that requires this textbook. Usually i hardly rely on textbook due to its dryness in nature hence seeking alternatives with online reading for more "engaging" reading material. But not this one. This textbook is filled with all engaging materials i would ask for, many hands-on material that takes us to engage with real life situation. Aside from that, even the theoretical bits is easy to understand although some can be bit more complex. The bottomline is, this book is written with huge consideration for students like myself that aspire to work as a professional. Huge salute to the author and publisher.
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