The conventional view of a manager is someone who controls and directs his employees. Management theorists still cite controlling as one of the four management functions. Despite this label, ...

In 1916, a French coal mine director named Henri Fayol wrote a book entitled "Administration Industrielle et Generale," which set forth five distinct functions of managing that Fayol insisted were ...

Management accounting is a critical discipline that provides internal stakeholders with financial and operational insights to support strategic decision‐making and effective control. Traditionally ...