THE RELATIONSHIP BETWEEN DIFFERENT BUSINESS CONTROL TECHNIQUES

1 A newly qualified accountant might be forgiven for thinking that the art, which his examiners have just certified his having mastered, is the secret of the successful control of a modern business. But it is not. It is just one of many control techniques required to keep a business profitable and growing. This paper attempts to put the complex of control techniques in perspective, and to show how they are related to one another. At the same time, it may help to illustrate the many related areas of work in which an accountant in business must be ready (and trained) to help his colleagues.