Accounting for Managers: Interpreting accounting information - Library

496 Pages·2004·2.11 MB·English

by  Paul M. Collier

Accounting for Managers:
Interpreting
accounting information
for decision-making
Paul M. Collier
AstonBusinessSchool,AstonUniversity

Accounting for Managers

Accounting for Managers:
Interpreting
accounting information
for decision-making
Paul M. Collier
AstonBusinessSchool,AstonUniversity
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LibraryofCongressCataloging-in-PublicationData
Collier,PaulM.
Accountingformanagers:interpretingaccountinginformationfordecision-making/Paul
M.Collier.
p.cm.
Includesbibliographicalreferencesandindex.
ISBN0-470-84502-3(pbk.:alk.paper)
1.Managerialaccounting.I.Title.
HF5657.4.C6472003
658.15’11--dc21 2002193369
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AcataloguerecordforthisbookisavailablefromtheBritishLibrary
ISBN0-470-84502-3
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For Loredana and Alexis

Contents
Preface . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xiii
Acknowledgements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xvii
AbouttheAuthor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xix
PART I
ContextofAccounting. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
1 IntroductiontoAccounting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Accounting,accountabilityandtheaccount . . . . . . . . . . . . . . . . . . . . 3
Ashorthistoryofaccounting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Theroleofmanagementaccounting. . . . . . . . . . . . . . . . . . . . . . . . . . 6
Recentdevelopmentsinmanagementaccounting . . . . . . . . . . . . . . . . 9
Acriticalperspective . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
Conclusion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
References. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
2 AccountinganditsRelationshiptoShareholderValueandBusiness
Structure. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Capitalandproductmarkets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Value-basedmanagement. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Accountingandstrategy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
Structureofbusinessorganizations . . . . . . . . . . . . . . . . . . . . . . . . . . 19
Acriticalperspective . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
Conclusion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
References. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23