Accounting skills are increasingly important in many walks of life. In education, these skills are becoming vital beyond business, accounting and economics students; in work, accounting is no longer an outsourced specialism across all sectors. This concise book provides readers with a primer on accounting which focuses on its uses for managers.
Beginning with the basics of financial accounting, the main part of the book focuses on the more applicable role and use of management accounting. Topics covered include budgeting, break-even analysis, performance measurement, and investment appraisal. Features to aid understanding include worked activities; discussion points and numerical example with answers.
With additional online resources for further study, this unique and focused text will be welcomed by all those looking to develop an employable competency in accounting and finance.
'This book, particularly suitable for those with limited financial and accounting expertise, explains accounting concepts. The well designed activities and examples provide a strong emphasis for financial managers' - Vasco Vendrame, Senior Lecturer, The University of the West of England, UK
1. Why Are You Doing This? 2. Double-Entry Book-Keeping 3. Interpreting Financial Statements 4. Budgeting 5. Cost Classification and Behaviour 6. Break-Even Analysis 7. Marginal and Absorption Costing 8. Overhead Recovery 9. Activity-Based Costing 10. Performance Measurement 11. Variance Analysis 12. Responsibility Accounting 13. Investment Appraisal 14. What Next? Glossary
The fields of business and management have grown exponentially as areas of research and education. This growth presents challenges for readers trying to keep up with the latest important insights. Routledge Focus on Business and Management presents small books on big topics and how they intersect with the world of business research.
Individually, each title in the series provides coverage of a key academic topic, whilst collectively, the series forms a comprehensive collection across the business disciplines.