Controllers are increasingly assuming equal footing as business partners. They use a wide range of management control systems, and their degree of responsibility is growing accordingly. These developments are reflected in this popular and successful textbook. It outlines the basic principles of management accounting, and all concepts and instruments that budding management accountants will need to carry out their tasks successfully.
The 15th edition has been revised and updated to include current issues such as cognitive biases, criteria for selecting key figures, and shared services. All management control systems are illustrated using the fictional company "X-presso AG".
A value-added feature of particular interest to readers is the introduction of supplementary materials such as videos, interesting articles for further reading, and spreadsheets based on figures in the workbook. These contents can be accessed using the QR codes in the book or on the website sp-mybook.de.
The content is comprehensive and easy to follow thanks to the two-colored print and user-friendly layout. A particularly useful feature in the chapter on control instruments is the reference to exercises and case studies in the companion workbook which is available separately.