Multinational Accounting and Control

Description

This module introduces globalalisation and its implications for MNCs’ accounting and control issues. Issues such as time-horizon of decision making in global markets, corporate governance, organisation cultures and structures on decision making in MNCs will be explored together with contemporary approaches to strategic performance evaluations and control, balance score cards and activity-based costing. The main aim of this module is to make students aware of the issues of accounting, performance evaluation and control issues, with their implications for management behaviour, in multinational companies, operating in dynamic and turbulent global financial and product markets. This includes issues surrounding global financial markets and its relevance to time framework for decision making and to alternative corporate governance systems. Alternative strategic performance evaluation measures to traditional management control systems will be also be examined, together with their implications for international operating budgeting and foreign currency risk exposures. The secondary aim of the module is to familiarize students with reading and reviewing relevant academic literature in international management control and accounting and to enhance their engagement in further research, experiments and academic writing. Talis Aspire Reading List Any reading lists will be provided by the start of the course. http://lists.lib.keele.ac.uk/modules/acc-40002/lists critically evaluate the role of management accounting and control in organisations and their complex management processes: 1,2 apply new international management control tools in multinational companies and across the globe: 1,2 critically assess and discuss major global financial issues of management accounting and control in multinational companies: 1,2 appreciate the reasons for the differences in management accounting and control practices in different sectors/organisations and countries: 1,2 1: Assignment weighted 50% Group work assignment 2000 words 2: Exam weighted 50% 2-hour unseen final exam The University undertakes a continuous review of its teaching and research provision to ensure programmes are of a high quality and changes may be made to modules where it is necessary and reasonable to do so. Please be aware that minor changes to modules, such as a change to an individual assessment, can occur up until enrolment, although we endeavour to give you as much notice as possible of any changes. Details about the circumstance in which changes are made to programmes can be found in the Student Agreement, available at: https://www.keele.ac.uk/legalgovernancecompliance/governance/actcharterstatutesordinancesandregulations/studenttermsconditions/ Last Updated: 31 May 2026