What are the most common Management Accounting Controls in the biotech industry. I am aware that the industry differs to most of the industry. However, the Management Accountring Controls might be very interesting to analyze.
The following paper deals with the topic. You may want to check it out.
Controlling and combining resources in networks—from Uppsala to Stanford, and back again: The case of a biotech innovation
E Baraldi, T Strömsten - Industrial Marketing Management, 2009 - Elsevier
BACK TO BASICS:
-Segregation of duties
-Authorization of transactions
-Retention of records
-Supervision or monitoring of operations
-Physical safeguards
-Top-level reviews
-IT general controls
-IT application controls
LINK: https://en.wikipedia.org/wiki/Internal_control
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