Finance and Accounting for Managers (Management studies series 1)

by David B . Davies (Author)

• Used

  Hardcover
  1990

  $3.34

  The IPM examination system provides a unique route into professional personnel practice. The Management Studies series forms the essential reading for all IPM students. Management Studies I provides practical introductory texts ideally suited to students on the Professional Management Foundation Programme while Management Studies 2 covers the core subject areas of the IPM Stage 2 syllabus. All these texts will prove equally useful for practising managers who wish to enhance their understanding of contemporary management techniques and methods. In this introductory text, David Davies starts by considering the sources and uses of money, assets and liabilities, and shows how these are recorded in the basic financial planning tools; the profit and loss account, balance sheet, cash statement, and funds flow statement. These in turn form part of the strategic processes of forecasting and budgeting systems. Detailed worked examples illustrate every stage to ensure that managers and students are provided with an essential working knowledge of the terminology, objectives and uses of financial accounting.