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1. Management Accounting and the Family Business: Issues, Differences, and Opportunities

Author

Tapis, Gregory P., Priya, Kanu, and Mahon, Melinda R.

Subjects
Family-owned businesses, Accounting, Company business management, Banking, finance and accounting industries, Business
Abstract

Family-run business operations create challenges from a management accounting standpoint. Here is a look at these challenges and what the management accountant can do about them., Family businesses comprise 80% to 90% of all businesses in North America and account for 60% of total U.S. employment. (1) They also account for 78% of all new jobs [...]

Published
2017

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