Controlling

In government-funded R&D projects, personnel costs are the most important cost category. However, numerous specifications must be observed when accounting for personnel costs. The article informs about the scope of chargeable personnel costs...

The article highlights the need to embrace digital technologies for process automation and data analytics. Organizations should focus on developing skills in BI tools and scripting languages, while fostering proactivity and strategic business...

In automotive industry sustainability is becoming increasingly important. Digital corporate management plays an important role in achieving sustainability goals. The full integration of IT systems into a collaboration platform enables to create and...

Adhering to environmental, social, and governance (ESG) requirements when creating value is a “conditio sine qua non” in today’s companies. Especially for listed companies, reporting on ESG-relevant activities is already becoming part of the...

Macroeconomic and monetary policy measures were taken to combat high inflation driving up interest rates. Also, companies increased their inventories from an operational risk perspective. This resulted in higher working capital requirements and...

Inflation is currently on the decline and high purchase prices as a consequence of material shortages have decreased. However, despite these developments, the topic of inflation is still relevant for management accounting. It must be able to make...

Various crises cause price fluctuations on the markets. This article deals with the significance of market price risks. The management of those risks is an essential management accounting task, due to the threat to the existence of companies. The...

Although theory and practice have dealt with effects of inflation for over 100 years, there is still room for improvement. New IT solutions contain new possibilities. Of course, the question of „Rigor vs. Relevance” remains to be answered when...

The opportunities that digital transformation promises for the finance and controlling function are discussed extensively in literature. One aspect that has received a lot of attention is the use of predictive analytics for financial forecasts. In...

A trust-based management-team may reduce monitoring efforts in a cost-cutting program. The article shows which minimum data and processes have been chosen in a German magazine publisher’s case 2014–2018. The company’s board openly communicated...

A blueprint for a bank’s „digital planning“ is presented. Nowadays, most of the planning and forecasting efforts still arise in the context of the generation and multi-level reconciliation of extensive sets of figures. The planning process can...

Family businesses are often susceptible to the occurrence of conflicts that can have a negative impact on organizational performance due to the close interdependence of family, ownership and management. We use an empirical study for family...

The ongoing digital transformation and increasing digitalization also increase the relevance of special audits in M&A and shed light on shortcomings of (digital) due diligence. This article examines the design of a digital assessment framework...