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e913ce18fc It is a simple book that is very easy to understand. This can also be an internal document that can be used to make management decisions about almost any activity where you have a record of the money spent and the associated return. It also considers expenses during the period, but not when it is actually paid out. It provides a more accurate financial picture, but is more difficult to administer. Accrual accounting seems a little more complex to me, but because of this book I was able to comprehend it.
Chapter 1 - Accounting Concepts and Conventions As a manager, you will usually be expected to understand simple financial reports and communicate effectively with financial people in your own organization. .. Home>Business and Finance Books > Accounting Books . Chapter 6 - Revenue Recognition Principle Revenue is something that is generated by the business in exchange for goods or services. Every manager relies on the contributions of others both inside and outside of his or her organization. Also highlighted the concept of activity based costing, cost records and different costing systems.Management AccountingInstitute of Cost and Works Accountants of IndiaPDF 304 Pages EnglishThis book covers the following topics: Evolution of Cost Accounting, Cost Concepts and Cost Classification, Prime Cost, Labour Cost, Materials Cost Management, Scope and objectives of Overhead, Production Overhead and Administration, Selling and Distribution Overhead, Relationship with financial accounts, Marginal Costing and Decision Making, Budgetary Control.Managerial AccountingKurt Heisinger, Sierra College, Joe Hoyle, University of RichmondPDF 972 Pages EnglishThis book is aimed squarely at the new learning styles evident with todays students and addresses accounting industry changes as well. A little more detail on the concept will be helpful nonetheless. Revenue-Expenses=Net Income.