Management Control System Essay

2002 Words Mar 27th, 2011 9 Pages
Management controls, in the broadest sense, include the plan of organization, methods and procedures adopted by management to ensure that its goals are met. Management controls include processes for planning, organizing, directing, and controlling program operations. A subset of management controls are the internal controls used to assure that there is prevention or timely detection of unauthorized acquisition, use, or disposition of the entity's assets.
Simons (1994) defined MCS as "the formal, information-based routines and procedures managers use to maintain or alter patterns in organizational activities".

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A management control systems (MCS)
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[edit] See also * Management * Control (management)
[edit] References 1. ^ Otley, D., 1994. Management coontrol in contemporary organizations: towards a wider framework, Management Accounting Research, 5, 289-299. 2. ^ Anthony, R. and Govindarajan, V., 2007. Management Control Systems, Chicago, Mc-Graw-Hill IRWIN. 3. ^ Anthony, R. and Young, D., 1999. Management control in nonprofit organizations, Boston, Irwin McGraw-Hill. 4. ^ Horngren, C., Sundem, G. and Stratton, W., 2005. Introduction to Management Accounting, New Jersey, Pearson. 5. ^ Simons, 1995, Levers of Control, Boston: Harvard Business School Press, p. 5 6. ^ Chenhall, R., 2003. Management control system design within its organizational context: Findings from contingency-based research and directions for the future, Accounting, Organizations and Society, 28(2-3), 127-168. 7. ^ Maciariello, J. and Kirby, C., 1994. Management Control Systems - Using Adaptive Systems to Attain Control, New Jersey, Prentice 1. Management Control Systems 2. Although Anthony defined management control as separate from strategic control and operational

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