Год выпуска: 2012 Автор: Joseph Bemani and Paul Matungamire Издательство: LAP Lambert Academic Publishing Страниц: 216 ISBN: 9783847379683
Описание
The book aims at providing basic and fundamental principles of financial accounting and management accounting to first year students, particularly those studying for Masters in Business Administration (MBA) degree. It seeks to guide the students, particularly those without a financial background, to grasp the basics of managerial accounting and how it applies in the business world. The book starts by laying basics of financial accounting by defining and explaining the following concepts: double-entry principle, trial balance, statement of comprehensive income, statement of financial position, statement of cash flows and statement of changes in equity. It also explains the general guidelines and standards that have to be followed in preparing the above. Basics of financial statements analysis are explained. The book then looks at basic management accounting and explains the following concepts that are necessary to a manager: basic standard costing and variance analysis,...
