O'Reilly logo

Responsible Management Accounting and Controlling by Daniel Ette

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER 2

Responsibility, Sustainability, and Ethics

“I believe that every right implies a responsibility; every opportunity an obligation; every possession, a duty.1

—John D. Rockefeller Jr.

ResCoCo—An Example That Will Accompany Us

Imagine you are a corporate management accountant in a medium-sized company, called Responsible Controlling Company, ResCoCo. The company produces different consumer goods and therefore also needs many purchase products. The market in which ResCoCo is active is a very competitive one. The corporate culture, however, is to be described as a pleasurable one and the management board normally strives to reconcile the interests of the owners and the employees. In the past you have been involved in many accounting ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required