Accounting for Managers: Second Edition: A Business Decision Guide

Non-financial managers need a sufficient knowledge of accounting to interpret a company’s financial statements and make key business decisions. Accounting for Managers describes how accounting transactions are compiled into financial statements, and how information about company performance can be extracted from those statements. It also discusses a number of accounting-based decision tools and how they can be used to improve upon business decisions in many areas. Topics covered include the interpretation of financial statements, selected accounting standards pertinent to general management, cost accounting tools, constraint analysis, budgeting, and decision processes in human resources, sales and marketing, operations, and other areas.