ACCOUNTING EXPLAINED MADE EASY FOR MANAGERS.pdf

The Basics You Need to Know About How Money is Tracked--and Accounted for--In Your Organization

How much money will this project cost? Where is it coming from? Can my department get more? If not, why?

As a manager, accounting will play a hand in virtually every decision you make. Accounting for Managers explains the critical accounting concepts you need to understand in this vital area, and then demonstrates their implementation and application in everyday business. This newest addition to McGraw-Hill's popular, hands-on Briefcase Books series gives you the insights you need to track how money flows through and fuels your organization, including:

* How to speak--and understand--the language of business accounting
* Financial relationships between and among everyday business activities
* Next-generation systems including Balanced Scorecard, Just-in-Time, and more

Before you truly understand a business--and how to succeed in that business--you must understand its cash flow. Let Accounting for Managers give you the knowledge you need to talk intelligently about accounting issues and questions and, just as important, enhance your productivity and value to both your organization and your career.



All managers, whether brand new to their positions or well-established in the organizational hierarchy, can use a little "brushing up" now and then. The skills-based Briefcase Books series is filled with ideas and strategies to help managers become more capable, efficient, effective, and valuable to their organizations.

While they don't need the knowledge of a CPA, all managers must still have a basic understanding of how money is tracked and accounted for in an organization.

Using the sidebars and down-to-earth style that has become the Briefcase Books trademark, Accounting for Managers defines essential terms--from general ledger to chart of accounts--and, more importantly, discusses their applications in everyday business. It also introduces managers to popular accounting software programs and their use in tracking and allocating funds in the organization.