Book Description:
The Power of Accounting: What the Numbers Mean and How to Use them
provides a highly readable text for non-financial managers. It explores accounting’s
uses and limitations in the management process. The text is intended for users
of accounting information as opposed to preparers. It focuses on aiding the
reader in understanding what accounting numbers mean, what they do not mean,
when and how they can be used for decision making and planning and when they
cannot.
The book discusses the importance of accounting information in the
economy and the fact that accounting numbers are often the result of estimates
and arbitrary allocations. It also includes a cautionary word about the
imprecise use of terminology often found in accounting and financial
literature.
Paperback: 264 pages
Publisher: Routledge; 1 edition (January 22, 2012)
Language: English
ISBN-10: 0415884314
ISBN-13: 978-0415884310
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