The Balanced Scorecard is the leading methodology for implementing performance management systems and improving efficiency. Focusing directly on the public and not-for-profit sectors, this book helps these organizations overcome the unique challenges they face when implementing a Balanced Scorecard. 1. Guides government and nonprofit organizations through the implementation of a performance man…

Buy-in can be defined as the understanding, commitment, and action of people working to achieve strategic objectives. In 21st-century business, buy-in has become a crucial asset, and the ability to generate it has emerged as the leadership competency. The achievement of buy-in depends heavily on the communication skills of the seller, the executive, or whoever is asking us to believe, to act, t…

A comprehensive guide to investment guarantees in equity-linked life insurance. Due to the convergence of financial and insurance markets, new forms of investment guarantees are emerging which require financial service professionals to become savvier in modeling and risk management. With chapters that discuss stock return models, dynamic hedging, risk measures, Markov Chain Monte Carlo estimati…

The aim of this book is to provide an introduction to the theory and practice of management accounting and emphasize its role in making business decisions. It is intended primarily for non-accounting course. The more advanced technical aspects which are required by specialist accounting students are not covered.

Managerial Accounting covers a wide variety of managerial uses of accounting data. In line with the ever-changing, dynamic nature of the subject, the Institute of Management Accountants (IMA) has established the Certified Management Accountants (CMA)., which is being widely recognized by academicians as well as practitioners. This book is written with the following objectives in mind: 1. It sup…

Business has changed dramatically over the last two decades: Globalization, cross-national strategic alliances and mergers, privatizations, outsourcing, information technology innovations, and the increasing short term contract culture have all influenced this. In turn, the role of managers has had to adapt and change. The organizations they work in have changed in size and organizational struc…

his book is designed for the accountant who is setting up a payroll system,wants to improve the efficiency of an existing system, or who needs answers to the inevitable variety of compensation, tax, deduction, and record-keeping issues associated with payroll. Each chapter includes an example of how a company has addressed a specific payroll issue, as well as Tips & Techniques that offer guidan…

theory of constraints (TOC), as a management approach, has been around for almost two decades, and its creator, Eliyahu M. Goldratt, has been applying the basic principles even longer than that. Consultants have been expending a lot of effort in helping their clients use TOC to effect real change?quantum improvements?in the performance of their organizations. Visionary people within client orga…

This dramatically enhanced second edition of the Handbook reflects our belief that a dynamically changing business environment requires a comprehensive text that provides an in-depth overview of the various disciplines associated with financial risk management. The Handbook has now evolved into the essential reference text for any risk professional, whether they are seeking FRM Certification or…

Now nearing its 60th printing in eng and translated into nineteen languages, Michael E. Porter's Competitive Strategy has transformed the theory, practice, and teaching of business strategy throughout the world. Porter introduces his three generic strategies - lowest cost, differentiation, and focuswhich bring structure to the task of strategic positioning. He shows how competitive advantage ca…