Accounting for Managers

It is through the package of these decisions that the finance manager takes in the areas of raising funds and using them effectively, that corporate goals are realised as envisaged. And valid decisions are founded on the quality of information or the processed data that is generated in the financial accounting section of an organization. Supplying the requisite information in the requisite form and time to the concerned executive is the primary role of management accountants. This book would enable the aspiring management accountants, who occupy a rung slightly lower than the finance manager, to understand the nuances of converting financial data into financial information. The book is designed to disseminate knowledge on How & Why of conversion. It highlights the techniques used in the process of conversion and the qualities a management accountant should posess to be effective. Additional inputs on financial accounting such as recording of transactions, their classification into ledger accounts, summary into trial balance and the final interpretation of the results of operation have also been added.