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The Basics of Financial Management : An introductory course in finance, management accounting and financial accounting
The primary aim of this basic book is to familiarize students in (international) English-language programmes with the basics in the fields of finance, finance management and accounting.No prior knowledge of business economics is required. This book is user-friendly, accessible, and yet comprehensive in its approach.It takes an in-depth, integrated look at the principles of management accounting, financial accounting and finance.Examples and case studies from newspapers and professional journals encourage the practical application of the material.Study questions reinforce and test the student's understanding of the key concepts.A glossary of key terms is included at the end of each chapter.The book also contains multiple choice questions and other assignments designed to stimulate thinking about the topics that are discussed. Further self-test materials are available at www.basicsfinancialmanagement.noordhoff.nl including interactive multiple choice questions, exercises, cases and teachers manual.
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Business Accounting & Finance
Business Accounting and Finance, sixth edition, offers an accessible, concise introduction to management and financial accounting for first-year year business students and those taking non-business degrees. With a wide variety of real-life examples of well-known brands such as Amazon, Samsung and Bosch, the author introduces relevant issues for accounting such as ethics and corporate governance .Packed with practical guidance including business scenarios and exercises, this resource will help students develop the skills they need in today's workplace.
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Management Accounting, 6e
Management Accounting is a market-leading textbook that offers comprehensive coverage of issues related to managing business accounts, enabling students to utilize both financial and non-financial data to paint a picture of the organization they are working in.The book provides an introduction to cost and management accounting, understanding information for decision making, planning and controlling budgets and reporting, and understanding performance management in a strategic context.The new sixth edition has been adapted for management accounting courses across the UK, Europe and South Africa by Emeritus Professor Will Seal and Professor Carsten Rohde. It offers comprehensive coverage as well as a balance between the technical and conceptual approaches to management accounting.Retaining its student friendly writing style and practical approach, it is the ideal text for students studying management accounting, from introductory through to advanced levels.Key features:•Brand new real-world examples in every chapter to increase application; ensuring students fully understand how management accounting is relevant to their future careers. •Provides a balanced approach with examples from both the manufacturing and services industries to reflect the current economic environment and varied nature of management accounting. •Plentiful opportunities to practice key concepts and techniques through the book’s assessment material which brings the practical uses of management accounting to the fore.Fully updated for the sixth edition, questions, exercises, problems and cases are categorized by level of difficulty to offer progressive learning for students. •New to Connect are case studies with associated case analysis questions specifically tailored for courses in the UK and Europe as well as brand new problems and cases for the South African market.NEW TO CONNECT for 2022:In response to customer needs, 75 brand new calculation based Problems have been added to Connect to further develop students practical application skills and cement theoretical understanding. Supported by McGraw-Hill Education’s market-leading digital adaptive technology including:•Connect, a highly reliable, easy-to-use homework and learning management solution that embeds learning science and award-winning adaptive tools to improve student results. •SmartBook®, our adaptive reading, study and practice environment specific to the book’s content. For students: Connect features assignments that help you contextualize what you’ve learned through application, helping you synthesize information and think critically.SmartBook® helps you study more efficiently by highlighting where in the chapter to focus, asking review questions, and pointing you to resources until you understand. For instructors: Create auto-graded assignments, tests and quizzes online that can be easily tailored to the goals of your course and your students’ needs.Connect will automatically grade assignments and quizzes, providing you with easy-to-read reports, so you know which students need more guidance.Instructor resources also include PowerPoints, instructors’ manual and solutions manual.
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Advanced Management Accounting
This innovative new textbook firmly roots management accounting in management, placing the emphasis on the management accountant as a key member of the management team and the strategic business decision making process.Unique case studies and examples of worldwide practices illustrate how concepts and techniques are applied in real-world business situations. It explores how management accounting techniques are adapted and modified to support specific industries from energy to media sectors and covers topical issues such as: Environmental accounting Environmental auditing and ISO14001/EMAS The balanced scorecard Kaizen costing Target costing Social responsibility Features Integrates the most up-to-date and relevant research with a broad approach to management accounting.Presents compelling examples of ‘real’ organisations, exploring the interactions of management accounting in practice.Extends knowledge of management accounting concepts and techniques to how they can be used for strategic decision making and management control.Uses Excel to develop and apply solutions methods. Examines how management accounting techniques are adapted and modified to support specific industries from energy to media sectors.Covers topical issues such as activity-based budgeting, the balanced scorecard, target costing, capacity planning, quality management, Six Sigma and performance measurement.Fully compliant with developments within the professional bodies such as CIMA and ACCA. Offers end-of chapter exercises to extend your critical thinking and applications of key concepts.Provides short case studies, so you can practise manipulating and analysing data. This is the ideal textbook for students studying management accounting at advanced undergraduate and postgraduate level.
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How are non-self-sufficient assets treated in accounting?
Non-self-sufficient assets are treated in accounting as liabilities. These assets require additional resources or expenses to maintain or generate income, and therefore are considered a burden on the company's financial resources. They are recorded on the balance sheet as liabilities and are deducted from the company's total assets to determine its net worth. Examples of non-self-sufficient assets include leased equipment, intangible assets with limited useful life, and investments in subsidiaries that require additional funding.
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Is there a subject in the training to become a management assistant for office management that covers accounting or financial accounting?
Yes, typically in the training to become a management assistant for office management, there is a subject that covers accounting or financial accounting. This subject is important for management assistants as they often handle financial tasks such as budgeting, invoicing, and financial reporting. Understanding accounting principles and financial statements is crucial for effectively managing office finances and supporting the organization's financial goals.
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What are the accounting terms of cost accounting?
Cost accounting involves several key terms, including direct costs, indirect costs, fixed costs, variable costs, and overhead. Direct costs are expenses directly tied to the production of a specific product or service, while indirect costs are not directly tied to a specific product or service. Fixed costs remain constant regardless of production levels, while variable costs fluctuate with production levels. Overhead includes all indirect costs incurred in the production process, such as rent, utilities, and administrative expenses. Understanding and accurately tracking these cost accounting terms is essential for businesses to effectively manage their expenses and make informed financial decisions.
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What office professions exist that do not involve accounting or finance?
There are several office professions that do not involve accounting or finance. Some examples include administrative assistants, human resources specialists, executive assistants, office managers, and customer service representatives. These roles focus on tasks such as managing schedules, coordinating meetings, handling correspondence, supporting staff, and providing assistance to customers. These professions are essential for the smooth operation of an office environment and require strong organizational, communication, and problem-solving skills.
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Management Accounting, 7e
Management Accounting is a market-leading textbook that offers comprehensive coverage of cost and management accounting, understanding information for decision making, planning and controlling budgets and reporting, and understanding performance management in a strategic context. The much anticipated seventh edition places special emphasis on employability skills, and spotlights latest environmental, social and governance considerations.The book offers a balanced discussion of management accounting theory and practice and has been tailored specifically to courses across the UK and Europe.Retaining its student-friendly writing style and practical approach, it is the ideal text for students studying management accounting, from introductory through to advanced levels. Key Features:Clear, user-friendly styleFocus on Practice boxes in every chapter illustrate precisely how management accounting theory affects companies, using examples from well-known companies and industry sectors. Management Accounting in Action dialogues demonstrate topical issues in real world scenarios. Chapter links throughout provide quick cross-referencing to show the connections between topics. Review Questions designed to test you on material learned in a more formal style. New to this Edition:Brand new Focus on Employability boxes based on the CGMA Competency Framework to showcase the variety of job roles within the field of accountancy, and to highlight key skills they may require. Updated discussions and new sections on sustainability and corporate social responsibility, big data and data analytics, risk management post COVID-19, and graphing skills. Fully updated questions, exercises, problems, and cases are categorized by level of difficulty to offer progressive learning for students.Applying Excel Exercises have been expanded to further support student Excel skills Available on McGraw Hill’s Connect®, the well-established online learning platform, which features our award-winning adaptive reading experience as well as resources to help faculty and institutions improve student outcomes and course delivery efficiency.To learn more, visit mheducation.co.uk/connect
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Accounting and Finance for Non-Specialists 11th edition + MyLab Accounting
This package includes MyLab Accounting. Students, if MyLab Accounting is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN and course ID.MyLab Accounting should only be purchased when required by an instructor.Instructors, contact your Pearson representative for more information. The 11th edition of this market-leading text offers an accessible, effective introduction to key accounting and finance topics.With a focus on decision making, Accounting and Finance for Non-Specialists teaches you how to apply your learning to real-world business scenarios. Key Features * Step-by-step approach helps you master different topics without technical jargon * Real-world examples provide opportunities to apply and develop techniques * Activities and exercises integrated throughout the book help you understand the subject fully * Focus on decision making prepares you for careers in business New to this edition * Up-to-date coverage, including key changes to IFRS Standards and the Conceptual Framework for Financial Reporting * A greater number of activities * New and updated real world cases help you to understand the theory in practice * Increased emphasis on critical thinking - so important to employers * Revised coverage of small business finance Join over 10 million students benefiting from Pearson MyLabs This title can be supported by MyLab Accounting, an online homework and tutorial system designed to test and build your understanding.MyLab Accounting provides a personalised approach, with instant feedback and numerous additional resources to support your learning. * A personalised study plan * Usable either following chapter-by-chapter structure or by learning objective * Worked solutions showing you how to solve difficult problems * Limitless opportunities to practise Use the power of MyLab Accounting to accelerate your learning.You need both an access card and a course ID to access MyLab Accounting.
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Accounting and Finance: An Introduction
Gain a complete grounding in Accounting and Finance and develop the skills necessary to work with financial information in the business environment. "A comprehensive, accessible and user-friendly text that employs contemporary, real-life examples, promotes critical thinking and reflects the latest international rules and regulations.A most valuable resource." Dr Christos Begkos, Associate Professor Alliance Manchester Business School, University of Manchester “The textbook is a useful tool for students who are new to accounting.The exercises at the end of each chapter make it easy for the students to grasp the concepts” Matthias NnadiCranfield University Accounting and Finance: An Introduction, 11th edition by Eddie McLaney and Peter Atrill, is the ideal introduction to the subject, providing you with the knowledge you need to make informed, successful business decisions. This book is ideal for students who study Finance or Accounting- related modules in Undergraduate and MBA courses, covering Financial Accounting, Management Accounting, and Financial Management in a single text. With its approachable style and language that is easy to understand, this edition will help you learn step-by-step how to use financial information and reports as you work through its chapters and expand your learning of accounting and finance from theory to practice. Key features include: Updated content, creating a practical learning experience relevant to contemporary changes in the field. Real numerical accounting techniques, with consideration of up-to-date, important financial standards. A large number of exercises, encouraging active learning and practicing. Real-world examples, many of which are new to this edition, applying theory to practice. Gain an appreciation of the key roles that Accounting and Finance have to play in successful decision-making and expand your knowledge with this must-have guide that will equip you with the tools to start your career in Business. Personalise learning with MyLab® Accounting By combining trusted author content with digital assessments, support at the point of need, and a flexible platform, MyLab® Accounting personalises the learning experience and improves results.MyLab for this textbook includes over 1750 questions and provides a range of help tools to support tackling accounting problems. If you would like to purchase both the physical text and MyLab Accounting search for: 9781292435497 Accounting and Finance: An Introduction 11th edition with MyLab® Accounting Package consists of: 9781292435527 Accounting and Finance: An Introduction 11th edition9781292435503 Accounting and Finance: An Introduction 11th edition MyLab Accounting9781292435510 Accounting and Finance: An Introduction 11th edition Pearson eText NOTE: MyLab® Accounting is not included.Before purchasing, check with your instructor to confirm the correct ISBN.Several versions of the MyLab® platform exist for each title, and registrations are not transferable.To register for and use MyLab Accounting, you may also need a Course ID, which your instructor will provide. Used books, rentals, and purchases made outside of Pearson: If purchasing or renting from companies other than Pearson, the access codes for the MyLab platform may not be included, may be incorrect, or may be previously redeemed.Check with the seller before completing your purchase.
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Cost and Management Accounting
For over thirty years, Colin Drury has been at the forefront of helping students learn the key concepts and processes in management and cost accounting through his textbooks.Now in its ninth edition, Cost and Management Accounting continues to provide an accessible and thorough introduction to the subject.It blends theory and practice in language that is clear and easy to understand and provides students with a thorough introduction to cost and management accounting whether they are studying an accountancy or business undergraduate course, or a post-experience course. The new edition has been completely updated to reflect recent developments in the field, and now includes additional emphasis on value creation, and links strategic performance management more closely to divisional financial performance measurement.
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What is a cost center accounting form in accounting?
A cost center accounting form is a document used to track and record the expenses incurred by a specific department or cost center within an organization. It helps in monitoring and controlling costs associated with a particular area of the business. The form typically includes details such as the date of the expense, description of the cost, amount spent, and the cost center to which the expense is allocated. By using cost center accounting forms, businesses can analyze the financial performance of each department and make informed decisions to improve efficiency and profitability.
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What is a cost center accounting sheet in accounting?
A cost center accounting sheet is a document that tracks and records all the costs associated with a specific department or division within a company. It helps management analyze and monitor the expenses incurred by each cost center, allowing for better decision-making and cost control. The sheet typically includes details such as labor costs, overhead expenses, and any other costs directly related to the operations of the cost center. By using this accounting tool, companies can accurately allocate costs, assess performance, and improve efficiency within their organization.
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Is accounting difficult?
Accounting can be challenging for some people due to its complex rules and principles. It requires attention to detail, analytical skills, and the ability to understand and interpret financial data. However, with dedication and practice, many people find that they can grasp the concepts and excel in accounting. It ultimately depends on the individual's aptitude and willingness to put in the effort to understand the subject.
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What is accounting?
Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business or organization. It involves the systematic and detailed recording of financial activities to provide accurate and timely information for decision-making purposes. Accounting helps in tracking the financial health of a business, ensuring compliance with regulations, and providing insights for strategic planning. Overall, accounting plays a crucial role in helping businesses manage their finances effectively and make informed decisions.
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