Step into the world of business decision-making with Accounting and Finance for Business Decisions, written by a team of experienced academics with extensive industry experience. This introductory-level book is targeted at both undergraduate as well as postgraduate students of accounting, finance, and business. This book leverages the authors' collective knowledge and experience to provide a comprehensive guide on how to use financial information to make informed and effective business decisions.
This book provides the reader with a strong foundation in accounting by unravelling the complexities of the Income Statement, Statement of Financial Position, and Statement of Cash Flows. By applying the conceptual framework of accounting and essential accounting conventions, readers will be able to understand and interpret these financial statements.
This book also explores critical aspects of management accounting such as accounting for overheads, marginal costing, and budget setting. Readers will learn the necessary tools for making optimal decisions regarding business operations and forward-planning strategies.
The book also covers important topics in finance including capital investment, equity and debt financing, and working capital management. Readers will acquire a strong foundational knowledge on determining optimal capital structures, evaluating investment opportunities and balancing liquidity and profitability.
Accounting and Finance for Business Decisions provides a solid conceptual knowledge in accounting and finance, interspersed with real-world scenarios and practical exercises designed to encourage direct application of principles learned.
ISBN 978-967-2711-27-8 – Contents in 4-colour
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