Part 4

Accounting in Managing a Business

IN THIS PART …

Understand how accounting helps managers achieve the financial objectives of the business.

Find out how to take advantage of time-tested accounting tools and techniques to help you achieve your business’s financial goals.

Figure out how to insightfully analyze profit with a well-thought-out P&L report.

Become familiar with the costs that managers work with day in and day out and the problems associated with measuring costs.

Know how to use budgeting to plan and set financial goals.

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