This book cuts through the mystery and confusion surrounding the finance aspects of business. Whether you work for a large firm, a small firm, or yourself, and you have difficulty understanding what the accountants are up to, this book is for you. Sixteen easy-to-read chapters explain such matters as:
- Accountants - why they're well, like accountants
- The Accounting Entity and Cycle
- The Profit and Loss Statement
- Financing and Business
- Profits, Sales and Break-even Points
- Margins and Ratios
- Budgeting as a Control Mechanism
- Working Capital Management
- Inventory Control
- Planning Capital Expenditure
- Controlling Expense
- Revenue Centres
- Profit Centres and Investment Centres
- Taxes and more Taxes
- Service Industries
- Out-guessing the Competition
