One major problem that most managers have with conventional cash and expenditure budgeting is that they do not know what level of expenditure has been committed but not yet reflected in the financial information presented to them. This paper tends to make an exposition on the concept of...

Purpose - The increasing business scale of organizations in the globalized business environment leads to complexity in managing the internal working. Hence, the main aim of the research report is to present how decision making of senior management in different organizations can be improved with...

book 1. Accounting: Introducing financial statements ; Reporting profit or loss in the income statement ; Reporting financial condition in the balance sheet ; Reporting cash sources and uses in the statement of cash flows ; Reading a financial report -- book 2. Operations management: Designing...

This book is an invitation to study managerial uses of accounting information and how accounting information is used in the management of an organization. Three themes run throughout the book. First, the accounting system is thought of as a library of financial statistics. Answers to a variety...