Review - Management Accounting Problems in Small Scale Industries

Abstract

This recent study of the Institute of Cost and Works Accounts aims to demonstrate the applicability of the management accounting techniques to the problems of small scale industries. No doubt a study in the area of management of small scale enterprise is a venture in a ‘relatively untrodden area’ which the Institute admits at the outset. This work is directed towards (a) the Government Institututions set up to help small scale industries, (b) the entrepreneurs themselves, (c) the general body of Cost and Management Accountants who could presumably act as consultants to the small scale units. While this book may serve its purpose of an initial exposure of the various problems that the small scale units face to a relatively fresh audience of cost and management accountants and academicians, the entrepreneurs or the Government institutions dealing with such units may have some difficulties in relating its finding to their operational context.