Accounting and Finance for Managers: A Business Decision Making Approach

Written specifically for business and management students at all levels who require a grounding in how the key concepts of accounting and finance lead to better-informed business decisions, with real-world examples included. * Uses clear, accessible language that will appeal to students from a variety of academic backgrounds and explains all key concepts in a logical manner * Develops analytical skills through exercises, comprehension questions and the interpretation of real financial statements and worked examples from well-known businesses, such as Tesco, Ryanair and Whitbread PLC * New to this edition: updates on new accounting standards and regulations and modern, real-world examples * Online resources: bonus chapters containing guidance and teaching tips, additional questions and lecture slides for each chapter Taking a uniquely practical approach, this textbook covers all the core topics of accounting and finance, including basic bookkeeping, financial analysis, business planning, cash-flow analysis and investment decisions. Now in its third edition, Accounting and Finance for Managers contains updates on new accounting standards and regulations, as well as featuring up-to-date real-world examples of real options, value chain analysis and competitive advantage analysis. It features 'traditional' accounting practices in detail, but also covers topics with a strategic focus to ensure students learn to think in broader strategic terms. It is written for an international audience using International Financial Reporting Standards (IFRS) terminology.