Accounting for Managers

Author: Anne Abraham
Publisher: Cengage Learning EMEA
ISBN: 1844809129
Release Date: 2008
Genre: Business & Economics

Written from a managerial perspective for general managers on executive or MBA courses, this text focuses on accounting from the viewpoint of the needs of managers for financial information and understanding.

Accounting for Managers

Author: Roger Oldcorn
Publisher: Chapman & Hall
ISBN: 0415002303
Release Date: 1993-01-01
Genre: Business & Economics

"Whether working in a large organization, or running a small business, the manager needs to be able to manage accounts with confidence. By taking the subject step-by-step, this book steers the reader through the intricacies of accounts, showing how successful management can lead to increased efficiency and effective decision-making." "Roger Oldcorn covers the essentials of costs, assets, budgets, break-even and ratio analysis, and capital expenditure matters, pointing out the dangers and misuses as he explains the elements of accounting and relates them to general management strategies. At each step he has developed practical exercises and examples which can be applied to a variety of situations in order to help the reader apply the skills immediately." "Accounting for Managers offers the ideal guide for busy managers seeking to make sense of their accounts and manage them effectively for growth and profit."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved


Publisher: PHI Learning Pvt. Ltd.
ISBN: 8120333187
Release Date: 2008-08-08
Genre: Business & Economics

Decision-making is a pivotal function of any manager. A knowledge of Accounting, insofar as it affects decision-making, is very important for a manager. And very often, students find Accounting as one of the ‘tough’ subjects to handle. This book strives to make Accounting intelligible and easily comprehensible to students. The text gives a comprehensive coverage of the three branches of Accounting – Financial Accounting, Management Accounting, and Cost Accounting. It focuses on the various methods and techniques followed in the Management Reporting System. The text deals, in detail, with various accounting transaction procedures, methods of costing, ratio analysis, budgeting, forecasting, accounting errors, funds flow and cash flow statements, trial balance and balance sheet, and so on. It equips the students with the knowledge in the preparation, analysis, evaluation, and interpretation of financial statements, which will enrich their managerial competence and decision-making skills. KEY FEATURES  Emphasises the various accounting and decision-making techniques.  Provides a number of problems and their solutions, besides giving notes, working notes, and exercises, to help the students understand the concepts better. This book is intended as a text for the postgraduate students of Management (MBA/MIB), financial courses (MFC), and undergraduate and postgraduate students of Commerce and those pursuing MCA. In addition, the book will be very useful to practising managers who wish to develop effective and result-oriented decision-making skills.

Accounting For Managers

Publisher: New Age International
ISBN: 9788122426120
Release Date: 2009-01-01
Genre: Managerial accounting

About the Book: Students from diverse backgrounds like Engineering, Pharmacy, Arts and Biological Sciences join a multidisciplinary course like MBA. Many such students have no earlier exposure to basics of Accounting and hesitate to read the preliminary books in learning the fundamentals. Present syllabus of many universities presupposes that the students, already, know the fundamentals of accounting and starts with the preparation of financial statements. Most students keep struggling with accounting, hoping to pass somehow. Many students share their views, even after passing, as their conce.

Accounting for Managers

Author: Bergevin
Publisher: iUniverse
ISBN: 9781450211642
Release Date: 2010
Genre: Business & Economics

Peter M. Bergevin and Michael M. MacQueen's objective in writing Accounting for Managers is to make students and professionals informed users of accounting data. They believe in getting to the point and demonstrating the practical benefits of accounting. In other words, their book is the anti-textbook textbook, it reflects the authors' educational and life philosophy: get to point and do something about it. Improve your decision-making abilities and climb the corporate ladder. Accounting for Managers enables you to unleash the power of financial information in order to improve your ability to conduct business operations, make shrewd investments, and secure needed financing. Unlike stuffy treatments of accounting, Accounting for Managers clearly and concisely provides you with the needed financial information necessary to make the right choices at the right time. Accounting for Managers seamlessly integrates accounting theory with practice. Its information, insights, and lessons will help you to convert business challenges into professional accomplishments. This superb treatment of the "Language of Business" will reside on your desk through the years as your professional successes mount. Accounting for Managers is an ideal text for managerial accounting courses in MBA programs. It is especially suitable to online, accelerated, and executive programs.

Accounting for Managers

Author: William J. Bruns
Publisher: South-Western Pub
ISBN: NWU:35556032247751
Release Date: 1999
Genre: Business & Economics

Using the Harvard Case Method, Accounting for Managers covers both financial and managerial topics in one term. It is designed for use at the graduate (MBA) level, or by advanced undergraduates and/or advanced AACSB schools. While this textbook does not ask the student to know everything accountants do, it does introduce them to the terminology forms and formats of financial statements and accounting analyses and illustrations. This approach is employed so the students can comprehend much of what goes on. Accounting for Managers will prepare your students to deal with the current and future developments which face accountants and managers in situations where complex financial transactions, events, and status must be communicated.

Accounting for Managers Paul M Collier 2003

Author: John Wiley & Sons, Inc
Publisher: Bukupedia
Release Date: 2003-06-13
Genre: Business & Economics

Rationale for the book This book was motivated by the author’s experience in teaching accounting at postgraduate level (MBA and MSc) at Aston Business School and in-house training provided for non-financial managers in many organizations to introduce them to the use of financial tools and techniques. My own education as an accountant was aimed at achieving professional recognition and emphasized an uncritical acceptance of the tools and techniques that I was taught. It was only after moving from financial to a general management position in industry that I began to see the limitations and questionable assumptions that underlay these tools and techniques. When I returned to study later in my career, I was exposed for the first time to alternative paradigms from which to view accounting. This book is therefore as much a result of my practical experience as a producer and user of accounting information as it is a result of my teaching and training experience. As accounting increasingly becomes decentred from the accounting department in organizations, line managers in all functional areas of business are expected to be able to prepare budgets, develop business cases for capital investment, and exercise cost control to ensure that profit targets are achieved. Managers are also expected to be able to analyse and interpret accounting information so that marketing, operations and human resource decisions are made in the light of an understanding of the financial implications of those decisions. I was disappointed by the books available to support teaching and training because most books on accounting have a similar format that is accounting-centric: chapters typically cover accounting techniques rather than the types of decisions made by non-financial managers. The emphasis in those books, many of which are designed for people whose career aspirations are to become accountants, is on doing accounting rather than using accounting. This book has been written for the vast majority of postgraduate students and practising managers who do not want to become professional accountants. The book therefore has a practitioner-manager orientation. The title of the book, Accounting for Managers: Interpreting Financial Information for Decision-Making, emphasizes the focus on accounting to meet the needs of xiv ACCOUNTING FOR MANAGERS managers. The material contained in the book stresses the interpretation (rather than the construction) of accounting information as well as a critical (rather than unthinking) acceptance of the underlying assumptions behind accounting. It is suitable for postgraduate and undergraduate students who are undertaking courses in accounting that do not lead to professional accreditation, and to practising non-financial managers who need a better understanding of the role of accounting in their organizations. There is a focus in most accounting books on manufacturing organizations, perhaps because many of those books have been issued as revised editions for many years and have not adequately reflected the changing nature of the economies in the developed world. The growth of service businesses and the knowledge economy is not sufficiently explored in most accounting texts. This book uses examples, case studies and questions that are more equally balanced between the needs of organizations in manufacturing, retail and services. In most accounting books there is also insufficient attention to theory, particularly for postgraduate students who should have a wider theoretical underpinning of accounting as it is used in organizations. Theory should encourage the reader to enquire more deeply into the alternative theoretical positions underlying accounting as well as its social and behavioural consequences, both within their own organizations and in the wider society. This book therefore introduces the reader to some of the journal literature that is either fundamental to the role of accounting or is ‘path breaking’. The book is not intended to be deeply theoretical, but rather provides, through the ample references in each chapter, an accessible route for those who want to reach into the wider literature. Accounting books are often inaccessible to those from non-English-speaking backgrounds, because of the complexity of the language used. Many of the examples and questions in typical accounting books rely on a strong knowledge of the nuances of the English language to interpret what the question is asking, before students can make any attempt to answer them. This book adopts a more plain English style that addresses the needs of European and Asian students. Finally, the examples in most accounting books focus on the calculations that accountants perform to construct accounting reports, rather than on the interpretive needs of managers who use those reports. While some calculation questions are needed to ensure that readers understand how information is produced, the emphasis for the non-financial manager should be on critical understanding and questioning of the accounting numbers and of the underlying assumptions behind those numbers, and on the need to supplement accounting reports with non-financial performance measures and broader perspectives than satisfying shareholder wealth alone. Outline of the book The book is arranged in four parts. The first part describes the context and role of accounting in business. Some theoretical frameworks are provided. It is hoped that this will provide a foundation for readers’ understanding that accounting PREFACE xv is more than a technical subject but is grounded in competing theories. These theories are themselves rooted in historical, political, economic and social causes. The theoretical framework should help to make the subject more meaningful to students and practitioners alike. Although the reader is encouraged to read Part I, the arrangement of the book is such that the reader can commence in Part II, where the analysis and interpretation of accounting begin. For example, those readers with a good business understanding may omit Chapters 1 and 2. Those who understand the basics of accounting can omit Chapter 3. These first three chapters are provided for those students who are coming to a business studies course for the first time, although even the experienced reader will find some value in them. Readers may not want to read the theoretical Chapters 4 and 5 until they are further into Part II; however, the theory in each of the chapters in Part II will be more understandable after reading Chapters 4 and 5. Those readers who have undertaken a course in financial accounting may have already covered much of the material in Chapters 6 and 7. Again, this book is intended to be a complete coverage of the subject for students and readers with no prior experience of accounting and Chapters 6 and 7 provide an important basis for understanding management accounting. The second part of the book shows the reader how accounting information is used in decision-making, planning and control. In this second part the accounting tools and techniques are explained, illustrated by straightforward examples. Case studies, drawn mainly from real business examples, help draw out the concepts. Theory is integrated with the tools and techniques and the use of quotations from original sources should encourage the reader to access the academic accounting literature. A critical approach to the assumptions underlying financial information is presented, building on the theoretical framework provided in Chapters 4 and 5. The third part provides a wealth of supporting material. Chapter 16 suggests an approach to research in accounting. Chapter 17 introduces four readings from the accounting literature. These cover the spectrum of the literature and support the most important concepts in the book. They present four different yet complementary perspectives on accounting in organizations. Each reading has several questions that the reader should think about and try to answer in order to help understand the concepts. The third part ends with an extensive glossary of accounting terms. The use of bold in the text highlights that the meaning of the term is outlined in the glossary. The fourth part of the book contains an appendix of questions and case studies to enable readers to test their understanding of the concepts described in the book. The questions in Appendix 1 cover each chapter and rely on knowledge gained from reading that and preceding chapters. Consequently, there is a greater level of detail involved in questions about the later chapters. Attempting these questions will help the reader to understand how accountants produce information needed by non-accounting managers. An understanding of accounting tools and techniques is important in using the results of these tools and techniques for decision-making. Appendix 2 contains answers for all the questions. xvi ACCOUNTING FOR MANAGERS The case studies in Appendix 3 help in developing the ability to interpret and analyse financial information produced by an accountant for use by nonaccounting managers in decision-making. Each is identified with the chapters that will aid understanding, interpretation and critical analysis of the case. Appendix 4 contains a suggested answer for each case, although the nature of such cases is that there is rarely a single correct answer, as different approaches to the problem can highlight different aspects of the case and a range of possible solutions

An Introduction to Business Accounting for Managers

Author: W. C. F. Hartley
Publisher: Elsevier
ISBN: 9781483294346
Release Date: 2014-06-28
Genre: Business & Economics

Now in its fourth edition, this book dispels much of the mystique surrounding accounting and finance for the non-financial manager. It will enable the reader to communicate more efficiently with financial advisers and help to enhance the quality of the financial decisions that managers have to make. It includes such topics as accounting for inflation, the significance of cash management and control and the development of accounting standards, many of which have not been treated in any single, recent, competitive work. This fully revised and updated version incorporates changes in current legislation and in attitudes towards financial analysis, the interpretation of annual accounts and the use of financial ratios, as well as a new chapter on capital investment appraisal.

Accounting for Managers

Author: William Webster
Publisher: McGraw Hill Professional
ISBN: 9780071436472
Release Date: 2003-09-22
Genre: Business & Economics

Translated into 16 languages! The reader-friendly, icon-rich Briefcase Books series is must reading for all managers at every level. All managers, whether brand new to their positions or well-established in the organizational hierarchy, can use a little "brushing up" now and then. The skills-based Briefcase Books series is filled with ideas and strategies to help managers become more capable, efficient, effective, and valuable to their organizations. While they don't need the knowledge of a CPA, all managers must still have a basic understanding of how money is tracked and accounted for in an organization. Using the sidebars and down-to-earth style that has become the Briefcase Books trademark, Accounting for Managers defines essential terms--from general ledger to chart of accounts--and, more importantly, discusses their applications in everyday business. It also introduces managers to popular accounting software programs and their use in tracking and allocating funds in the organization.

Financial Accounting for Management

Author: Ambrish Gupta
Publisher: Pearson Education India
ISBN: 8131722856
Release Date: 2008-09
Genre: Business & Economics

Financial Accounting for Management: An Analytical Perspective focuses on the analysis and interpretation of financial information for strategic decision making to enable students and managers to formulate business strategies for revenue enhancement, cost economies, efficiency improvements, restructuring of operations, and further expansion or diversification for creating and enhancing the shareholder's value. Though the book has MBA, MFC and MBE students as its primary audience, managers in the corporate sector and students of CA, CWA, CS, CFA and CAIIB will find it equally useful because of its practical orientation.

Accounting for Managers

Author: Paul M. Collier
Publisher: John Wiley & Sons
ISBN: 9781119002949
Release Date: 2015-06-08
Genre: Business & Economics

"This updated and revised fourth edition of Accounting for Managers builds on the international success of the previous editions in explaining how accounting is used by non-financial managers. Emphasizing the interpretation rather than the construction of accounting information, Accounting for Managers encourages a critical, rather than an unthinking acceptance of accounting techniques. Whilst immensely valuable for planning, decision-making and control, users of accounting information need to recognize the assumptions behind, and the limitations of particular accounting techniques"--