Accounting Information for Business Decisions 2nd Edition by Billie M Cunningham ISBN 0170253708 9780170253703

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Product details:

ISBN 10: 0170253708 
ISBN 13: 9780170253703
Author: Billie M Cunningham

This book is designed to provide a clear and practical understanding of how accounting information supports effective business decision-making. Written by Billie M. Cunningham, it bridges the gap between accounting theory and real-world business application, helping readers grasp not only the technical aspects of accounting but also how to use financial data strategically in business contexts.

The 2nd edition continues to emphasize the role of accounting as a tool for managers and business professionals to analyze, plan, and control operations. It covers fundamental concepts like cost behavior, budgeting, financial statement analysis, and decision-making processes with updated examples and exercises that reflect today’s business environment.

Readers will benefit from a balanced approach that includes both financial and managerial accounting perspectives, enabling them to understand the flow of accounting information within organizations and how it influences operational and strategic decisions. The book also incorporates sustainability considerations and the growing importance of ethical accounting practices.

Ideal for business students, managers, and aspiring accounting professionals, this edition equips readers with the skills to interpret accounting data critically and use it to enhance business performance.

Accounting Information for Business Decisions 2nd Table of contents:

1. Introduction to Business Accounting and the Role of Professional Skills
Explores the changing business environment, the role of accounting in decision-making, and the skills needed for accounting professionals.

2. Developing a Business Plan: Cost-Volume-Profit Analysis
Discusses how to use cost-volume-profit analysis in planning and decision-making.

3. Developing a Business Plan: Budgeting
Covers the process of budgeting and its importance in business planning.

4. The Accounting System: Concepts and Applications
Introduces the accounting system, including its concepts and applications in business.

5. Recording, Storing, and Reporting Accounting Information
Details the processes involved in recording, storing, and reporting accounting information.

6. Managing and Reporting Working Capital
Focuses on the management and reporting of working capital in business operations.

7. The Income Statement: Content and Use
Explains the content and use of the income statement in financial reporting.

8. The Balance Sheet: Content and Use
Discusses the content and use of the balance sheet in financial reporting.

9. The Cash Flow Statement: Content and Use
Covers the content and use of the cash flow statement in financial reporting.

10. Sustainable Business
Explores the concept of sustainable business practices and their impact on accounting.

11. Short-Term Planning Decisions
Discusses the role of accounting information in short-term planning decisions.

12. Capital Expenditure Decisions
Covers the use of accounting information in making capital expenditure decisions.

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Tags: Billie M Cunningham, Accounting, Business