Description
PRINCIPLES OF ACCOUNTING, VOLUME II covers a variety of accounting subjects that are uniquely applicable to managing business operations. These include a closer look at cash flow measurement and the accounting for business financing provided through borrowing and equity-based capital. This text offers students deep coverage of techniques used to determine the cost of products and services. Organized budgeting processes are essential to successful business operations, and students will examine a comprehensive budgeting model as well as techniques for evaluating long-term capital budgeting decisions. Those topics are covered as well as decision-making tools, including cost/volume/profit analysis and standard costs/variances.
