Managers are constantly expected to make decisions that reflect a full understanding of the financial consequences. In the absence of formal training, few people are prepared for the responsibilities of dealing with management reports, budgets, and capital proposals, and find themselves embarrassed by their lack of understanding. This book is a practical guide to understanding and managing financial responsibilities. Each chapter examines actual tasks managers have to do, from qhow to assemble a budget, a ahow to read variances on a report, a ahow to construct a proposal to invest in new equipment, a exploring the range of principles that can be applied to each task, illustrating practical ways these principles are used, and providing guidance for implementation The Economist Guide to Financial Management will help the reader understand financial jargon, financial statements, management accounts, performance measures, budgeting, costing, pricing, decision-making and investment appraisal. This second edition has been fully revised and expanded with detailed examples from 100 leading businesses around the world.In this example the service is being provided in a piecemeal format, so revenue should be similarly recognised. ... For Pearson (partownerof The Economist)the policy for recognisingsubscription revenue is:aSubscription revenueis recognised anbsp;...
|Title||:||The Economist: Guide to Financial Management (2nd Ed)|
|Publisher||:||Perseus Books Group - 2014|