Management Control Systems

by Gaur Gopal Das

This compact and concise textbook gives a clear analyses of the principles and practices of management control systems which are generally being practiced by the companies all over the world. Divided into seven sections, the book explains various approaches and design of management control system. It moves on with a detailed description of key success variables as control indicators, and explains goals, strategies and organization for adaptive control, divisional autonomy and responsibility. While describing the management tools and processes, the book explains in detail, the strategic planning and programming processes, budgeting and budgetary control, standard costing and variance analysis, transfer pricing, reward system and management control of operations. The text also contains various aspects of strategic cost management, cost analysis for managerial decision-making and control actions. It also explains how auditing can be used by the management in its various departments and subsidiaries as a tool of control system. The book concludes with the discussion on current issues and their relationship with management control system. Primarily intended for the postgraduate students of management, the book can be equally beneficial for the commerce students, researchers, accounts professionals, and corporate policy and decision-makers. KEY Contains glossary of terms to explain the core concepts. Appendices at the back of the book enclosing related tables and figures of the topics discussed. Illustrative examples in between the sections to help in analytical understanding of the subject.

304 pages, Paperback

Published January 1, 2011

About the author

Gaur Gopal Das (IAST: Gaura-Gopāla dāsa) is an Indian lifestyle coach, motivational speaker and former HP engineer. He is a member of the International Society for Krishna Consciousness (ISKCON).

He was born in Pune, Maharashtra, India. He has a diploma in electrical engineering from Cusrow Wadia Institute of Technology, Pune and a degree from College of Engineering, Pune. He worked as an electrical engineer at Hewlett Packard for a brief period, before leaving the company in 1996 to become a lifestyle coach.

In 2018, he published the book Life's Amazing Secrets, and received an honorary doctorate by Kalinga Institute of Industrial Technology (KIIT). He was reported as having over 3.9 million YouTube followers with more than 177 million views.