The best practices featured in this excellent step-by-step manual constitute need-to-know information concerning the most advanced techniques and strategies for increasing productivity, reducing costs, and monitoring existing accounting systems. This new edition boasts over 400 best practices, with fifty new to this edition in the areas of taxation, finance, collections, general ledger, accounts payable, and billing.
Stresses on teaching students to critically evaluate and solve actual business problems. This work achieves this through: conceptual framework; business orientation focusing on how organizations work; balance between concepts and practice; and, problem material.
Essential Management Accounting demystifies management accounting techniques and helps you to apply these techniques across all areas of your business. Unlike other books in this area, Essential Management Accounting is not only a crucial primer on basic accountancy but also an important exploration of how management accounting techniques can be built into other management areas to maximize business performance.
This text identifies the three functions managers must perform within their organisations - plan operations, control activities, and make decisions - and explains what accounting information is necessary for these functions, how to collect it, and how to interpret it.
This book adopts a new and accessible approach to helping readers understand how management accounting contributes to decisions in a variety of organisational contexts. It sets out clear explanations of practical management accounting techniques in the context of the application of these techniques to decisions. It recognizes practice through case studies and summarises published research. Uniquely, it examines the analytical and critical issues that often influence decision makers operating within private and public sector organisations. Key features include: - Case studies of varying complexity that will allow students to work at their own level - Summaries of important research articles - Key learning objectives and end of chapter questions.
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