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2015 | OriginalPaper | Chapter

2. Theoretical Foundations

Authors : Fredrik Nilsson, Anna-Karin Stockenstrand

Published in: Financial Accounting and Management Control

Publisher: Springer International Publishing

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Abstract

This chapter is a detailed description and analysis of the tensions and conflicts between uniformity and uniqueness. The first sections in the chapter provide an overview of earlier studies and frameworks. After that we present our theoretical framework. The starting point is that the management control system is uniquely designed and used to meet the needs of a specific company, Against this, the external demands for financial accounting is discussed, an information system that is mainly about attaining comparability in order for owners and funders to make informed decisions, but where the uniqueness of the company must also be grasped in order for it not to lose relevance.

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Title: Theoretical Foundations
Authors: Fredrik Nilsson
Anna-Karin Stockenstrand
Publisher: Springer International Publishing
Book: Financial Accounting and Management Control
Print ISBN: 978-3-319-13781-0

Electronic ISBN: 978-3-319-13782-7

Copyright Year: 2015
DOI: https://doi.org/10.1007/978-3-319-13782-7_2