Accounting for managers : interpreting accounting information for decision making

This work explains how accounting information is used by non-financial managers, emphasising interpretation, rather than construction and encouraging a critical perspective of the underlying assumptions behind accounting. It links theory with practical examples and case studies drawn from real business situations. This revised and updated fifth edition of Accounting for Managers builds on the international success of the previous editions in explaining how accounting is used by non-financial managers. Emphasizing the interpretation rather than the construction of accounting information, Accounting for Managers encourages a critical, rather than an unthinking acceptance of accounting techniques. Whilst immensely valuable for planning, decision-making and control, users of accounting information need to recognize the assumptions behind, and the limitations of particular accounting techniques. As in the previous editions, the book links theory with practical examples and case studies drawn from real business situations across a wide range of manufacturing, retail and service industries.