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
This book is written by eleven authors who have significant commercial experiences in diverse industries who are currently teaching accounting, auditing, and taxation disciplines in private universities. With first-year accounting and diploma students in mind, the content of this book is written based on generally accepted accounting practices, and where applicable, the Malaysian Financial Reporting Standards (MFRS). In addition to the general understanding of the purpose of financial reporting and the conceptual framework used in modern accounting, this book provides a comprehensive discussion of the processes involved in contemporary accounting functions as well as the use of accounting information for financial and business decision-making.
Although this book was written for accounting students, it is also a good reference book for students pursuing a business degree or diploma and are required to study introductory accounting. This book provides step-by-step calculations, supplemented with explanations, that are ideal for all accounting and non-accounting students seeking basic accounting knowledge.
ISBN 978-967-2711-12-4 – Contents in 4-colour
This fundamental financial accounting book is prepared for the benefit of students undertaking Accounting or Business related courses at the tertiary level. The principles and concepts of financial accounting are presented in an orderly manner with a good mix of illustrations and comprehensive examples to encourage meaningful learning experience. In addition, students are able to reinforce what they have learnt through review questions and application exercises at the end of each chapter.
Key features
- Intended for students in Foundation, Diploma and first-year Degree courses
- Provides step-by-step explanations through the use of worked examples to enhance understanding
- Closes each chapter with review questions and application exercises to help assess students’ comprehension of topics
- Highlights key terms and offer useful study tips as margin notes for quick review
New to This Edition
- Three revised chapters: Accruals and Prepayments, Accounting for Inventory and Accounting in Digital Age
- New and revised end-of-chapter exercises
ISBN 978-967-15997-5-4 (2021) – Contents in 4-colour