Accounting for Managers: Interpreting accounting information for decision-making

Contents

Preface .................................................xiii

Acknowledgements........................................xvii

About the Author .........................................xix

PART I

Context of Accounting................................... 1

1 Introduction to Accounting ............................... 3

Accounting, accountability and the account .................... 3

A short history of accounting .............................. 5

The role of management accounting.......................... 6

Recent developments in management accounting................ 9

A critical perspective .................................... 10

Conclusion ........................................... 11

References............................................ 12

2 Accounting and its Relationship to Shareholder Value and Business

Structure............................................ 13

Capital and product markets............................... 13

Value-based management................................. 14

Accounting and strategy.................................. 17

Structure of business organizations .......................... 19

A critical perspective .................................... 21

Conclusion ........................................... 23

References............................................ 23