Accounting as a Management Tool

Alisdair Dobie
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Alisdair Dobie: University of Stirling

Chapter 6 in Accounting at Durham Cathedral Priory, 2015, pp 183-210 from Palgrave Macmillan

Abstract: Abstract The quotation above is taken from the Gospel of Luke, and in it Christ asks who would begin to build a tower without first ensuring he had resources adequate to complete it: an early allusion to the process of budgeting. Chapters 4 and 5 have concentrated on the financial reporting and stewardship aspects of the accounts and on the management of cash, debtors and creditors. In contrast this chapter seeks to explore the extent to which the accounts were utilized for purposes of more efficient management. It investigates whether historic accounts were used for comparative purposes and for variance analysis; the extent to which accounts were used to monitor inputs and outputs and to assess whether the inputs and outputs were being applied or generated efficiently in terms of historic or established standards.

Keywords: Management Tool; Manorial Account; Fifteenth Century; Fourteenth Century; Manorial Official (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psitcp:978-1-137-47978-5_7

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DOI: 10.1057/9781137479785_7

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