Advanced Management Accounting
Topic 6 – Did Accountants Cause the Financial Crisis?
+ Special Lecture on Artificial Intelligence
,Previously in Advanced Management Accounting…
Conceptual understanding of control
Identifying appropriate mechanisms of control
Implementation problems and strategies
MCS for different sizes of companies
Today: MCS across an industry
2
, The questions we’ll consider in this lecture
Is our conceptual understanding of control limited to MCS within an organization?
Or can we use these ideas to control an industry?
What happens when organizations across an industry starts to use the same MCS?
Did MCS cause the global financial crisis?
3
, Part I: What happens if we want to control an
industry?
4
Topic 6 – Did Accountants Cause the Financial Crisis?
+ Special Lecture on Artificial Intelligence
,Previously in Advanced Management Accounting…
Conceptual understanding of control
Identifying appropriate mechanisms of control
Implementation problems and strategies
MCS for different sizes of companies
Today: MCS across an industry
2
, The questions we’ll consider in this lecture
Is our conceptual understanding of control limited to MCS within an organization?
Or can we use these ideas to control an industry?
What happens when organizations across an industry starts to use the same MCS?
Did MCS cause the global financial crisis?
3
, Part I: What happens if we want to control an
industry?
4
