Input, output, outcome: simply a change in orientation

Abstract

The challenge for accountants in reporting the results of operations is to be aware of the notions of input, output and outcome. Illustrates this with two examples, one from industry and one from the service economy, and explains the notions of input, output and outcome in conjunction with these examples.

Citation

Doost, R.K. (1996), "Input, output, outcome: simply a change in orientation", Managerial Auditing Journal, Vol. 11 No. 7, pp. 12-15. https://doi.org/10.1108/02686909610131819