Providing quality analysis
for over 20 years

Resources on which the MAF software was based.

Articles

We have posted the following White Paper for general information on monthly reporting systems on organization performance :

The White Paper includes nineteen suggestions on monthly performance reporting, based on forty-one research papers on strategic planning and performance reporting from 1983.


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Resources: Create Financial Projections and Operational Projections for Your Business

When you create financial projections, and/or operational projections, you know that it is not merely a task on a business's to-do list, but rather a fundamental process that shapes the strategic direction and success of your enterprise. Whether you're at the helm of a bustling startup or managing a long-established family business, understanding how to do financial forecasting and operational forecasting is crucial...


We have found the following helpful in catering for different views in developing the MAF Software.



Milton Friedman 'The Social Responsibility of Business Is to Increase Its Profits', New York Times, 1970:

  1. https://www.nytimes.com/1970/09/13/archives/a-friedman-doctrine-the-social-responsibility-of-business-is-to.html

Johnson & Kaplan (Professors of Management Accounting) 'Relevance Lost, The Rise and Fall of Management Accounting' 1987.

  1. https://www.hbs.edu/faculty/Pages/item.aspx?num=8857

Kaplan & Norton 'The Balanced Scorecard Measures That Drive Performance' in the Harvard Business Review, Jan-Feb 1992, ( pp71-80)

  1. https://hbr.org/1992/01/the-balanced-scorecard-measures-that-drive-performance-2

Atkins, Waterhouse & Wells 'A Stakeholder Approach to Strategic Performance Measurement' in the MIT Sloan Management Review Spring 1997 (Vol 38 No 3 pp 25-37).

  1. https://sloanreview.mit.edu/article/a-stakeholder-approach-to-strategic-performance-measurement/

Arie de Geus: “The Living Company: Habits for Survival in a Turbulent Business Environment” Harvard University Review Press 1997.

  1. https://store.hbr.org/product/the-living-company-habits-for-survival-in-a-turbulent-business-environment/8202

In 1999, Professor Charles V Ford MD (Department of Psychiatry and Behavioral Neurobiology, University of Alabama at Birmingham) 'Lies! Lies! Lies! The Psychology of Deceit'

  1. https://www.amazon.co.jp/-/en/Charles-V-Ford/dp/0880489979

Kaplan & Norton 'The Strategy Focused Organisation' (Business School Press, 2001)

  1. https://www.amazon.co.jp/Strategy-Focused-Organization-Scorecard-Companies-Environment/dp/1578512506

Phillip L. Bewig: 'How do you know your spreadsheet is right?' July 28, 2005

  1. https://arxiv.org/ftp/arxiv/papers/1301/1301.5878.pdf

Raymond D Panko, 2008: 'Recommended Practices for Spreadsheet Testing'

  1. https://arxiv.org/ftp/arxiv/papers/0712/0712.0109.pdf

The Chartered Institute of Management Accountants (CIMA) Guide to Good Practice; 'Performance Reporting to Boards' 2005.

  1. https://www.cimaglobal.com/Documents/ImportedDocuments/perf_reporting.pdf

The OECD Committee on Fiscal Affairs: Guidance Note May 2005 'Guidance for Tax Compliance for Business and Accounting Software'

  1. https://www.oecd.org/tax/administration/34910263.pdf

Raymond D Panko, 2008: 'Recommended Practices for Spreadsheet Testing'

  1. https://arxiv.org/ftp/arxiv/papers/0712/0712.0109.pdf

International Good Practice Guidance “Predictive Business Analytics” from the Professional
Accountants in Business Committee of the International Federation of Accountants (IFAC) Nov 2011.

  1. https://www.ifac.org/knowledge-gateway/preparing-future-ready-professionals/publications/predictive-business-analytics-improving-business-performance-forward-looking-measures

Robert G. Eccles and George Serafeim: Harvard Business Review (May 2013) 'The Performance Frontier: Innovating for a Sustainable Strategy'

  1. https://hbr.org/2013/05/the-performance-frontier-innovating-for-a-sustainable-strategy

Soltwisch B.W. & Krahnke,K: 'Maximising or Satisficing Decision Making Styles and Emotional Intelligence: an Empirical Investigation'; International Journal of Business and Applied Sciences 2018.

  1. http://www.hippocampus.si/ISSN/1854-6935/15.215-230.pdf

Alex Edmans 'Grow the Pie' in 2020 (Cambridge University Press)

  1. https://www.amazon.com.au/Grow-Pie-Companies-Deliver-Purpose/dp/1108494854

de Naldo, Montaner, Edmondson & Sotok: A study of Purpose and Performance for Organisations; Sloane Management Review Summer 2022

  1. https://sloanreview.mit.edu/article/unlock-the-power-of-purpose/

The Institute of Management Accountants (IMA) Statements on Management Accounting (SMAs).

  1. https://www.imanet.org/insights-and-trends/statements-on-management-accounting?ssopc=1

Chartered Institute of Management Accountants (CIMA) research and insight articles

  1. https://www.cimaglobal.com/Research--Insight/