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by Gopal Saxena (Author)
This book, probably the first written from the perspective of software professionals, attempts to introduce them to the mysteries of strategic managerial accounting (SMA). The common view in the industry is that "accounting is for the accountants", despite the fact that IT professionals are regularly confronted by financial situations such as project pricing, performance measurement, risk estimation, costs allocation etc. While it is desirable and even necessary that every proposal be vetted by respective specialists, the speed and reliability of the process could improve if the people who originate the proposal had knowledge of the fundamentals that go into the decision making. Unfortunately most books on management accounting, whether strategic or otherwise, are written from the perspective of the manufacturing industry. The IT and services industry on the other hand has a unique cost structure, quite distinct from manufacturing, which needs to be dealt with from a different perspective. This book focuses on SMA in context of the IT software industry, and seeks to equip the IT professional with some basics of SMA to assist them in making more informed decisions.
Author Biography
Gopal Saxena, B. Tech (IIT Delhi), MBA (IMD Switzerland), PhD (NLSIU, Bangalore), is former senior professor of business strategy, entrepreneurship & finance (MBA Program) at ICFAI Business School, Bangalore India. He has two decades of teaching experience in finance and business administration, as well as conducting management development programs and executive development programs for major IT companies. He has published a number of books, academic papers and articles. He was a visiting professor for entrepreneurship at Indian Institute of Management, Trichy, India and guest lecturer at the National Law School of India University, Bangalore, India. He has had a long association with the technology industry, including a decade with Internet Companies as owner and senior consultant. Presently Dr. Saxena is the chairman of the Governing Board of three prominent educational institutions in India.
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