Management Accounting from an Islamic prespective

CONTENTS Introduction<Tab/>2 The Process Of Decision Making<Tab/>3 Shura<Tab/>4 Ethics And Decision Making<Tab/>6 Resolution Of Ethical Conflict<Tab/>8 Blaming The Wrong On Others<Tab/>10 Truthfulness<Tab/>12 Continuous Improvement<Tab/>14 Accountability<Tab/>17 Conclusion<Tab/&…

…responsibility and accountability of a man lead to the height that he has never reached before. As a result he becomes more successful. The same principle applies to the companies. Fourteen hundred years ago Islam has taught its followers to hold on such divine guidance. Every aspect of this subject is correlated with the Islamic teaching. Therefore, concept of management accounting is knowingly or unknowingly "a Western innovation" which is an integral part of Islam.