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Reviews of : Accounting and Finance for Managers by Matt Bamber and Simon Parry PDF Book
Inside this Book – One thing that has remained unchanged for millennia is that every day, in our private and work lives, we rely on accountants and accounting information to make better-informed decisions. To put this in context, some examples of decisions you might face include whether to: buy an asset, rent it, or make it; price a product higher or lower than your competitors; outsource a product, project, department or operation; take on a new contract; acquire a competing business. Needless to say, there are many more! The Oxford dictionary defines accounting (noun) as ‘the process or work of keeping financial accounts’ while an accountant (noun) is ‘a person whose job is to keep or inspect financial accounts’. This definition, however, is overly simplistic. For a long time, accounting was considered a process of collecting, analysing and communicating financial information to allow users to make better-informed decisions. This work remains at the forefront of the role but more recently accountants have been asked to expand their remit into new areas. For example, accountants are now deeply involved in the preparation of non-financial information, including corporate social responsibility reporting. The image of the staid, conservative, grey-suited drone is outdated. The job has changed. We now need to be communicators as well as doers. We need to be client facing rather than just hit buttons on a calculator. There is a new breed of accountant and whether you believe this is a change for the better or worse, it seems to be a change that is here to stay.
Inside this book –Accounting and Finance for Managers PDF Book by Matt Bamber and Simon Parry – Investment-led financial statement analysis – buy, hold or sell – is predicated on the assumption that investors are rational, risk averse and seek to maximize their returns in terms of the present value of future cash flows. In other words, we presume that investors have an efficient frontier where returns are traded off against risks, and investments will be rejected where the rewards are not appropriate.
Accounting and Finance for Managers by Matt Bamber and Simon Parry PDF : eBook Information
- Full Book Name – Accounting and Finance for Managers
- Author of this Book – Matt Bamber and Simon Parry
- Language – English
- Book Genre – Business
- Download Format – PDF
- Size – 8.5 MB
- eBook Pages – 533
- Price – Free