ACCOUNTING FOR NON ACCOUNTING MANAGERS

The aim of this book is to ensure that the manager understands the accounting cycle, is able to understand and interpret the financial statements that are produced by the financial manager and understands the principles of costing, including: variable costing, fixed costing, job costing, Activity Based Costing (ABC).After reading this book the manager will be able to understand the total cost of running a business and use financial information to plan effectively and efficiently in order to improve profitability.The study covers the following subjects: the accounting cycle and financial statements; financial reporting; financial ratios; costing including: variable costing, fixed costing; job costing: Activity Based Costing (ABC), Proper human resource planning and the cost implications thereof: financial planning.