Accounting-Based Management Principles (Made Easy)
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About this ebook
Comprehensive Discussion of the major management decision activities. Decisions are grounded on the interpretation of the Financial Reports.
How to achieve organizational goals and objectives successfully
Comprehensive Reference Guide to Enhance Management Decisions
Complex Decision making Strategies simplified to easily overshoot established goals, objectives and other benchmarks!!
Accounting Tools like current ratio, return on investment, importance of financial reports in the decision making process.
Think like the accounting professionals, without having to delve in the volumes of accounting text books. Complex accounting and management tools for enhancing decision making simplified by College Professor of Accounting, Finance, Management, Economics, Human Resource Management, and Statistics.
Harry Jack Smith
About the Author Harry Jack Smith (pen) The author’s more than 12 years of solid experiences as college professor gained him the required expertise, perseverance, eye for detail, and results-oriented character needed to impart valuable knowledge to enhance their current walk in life. In the academic and workplace worlds, Harry Jack Smith (pen) has been instrumental in helping his college students, relatives, acquaintances and other individuals find the jobs of their dreams. This, your Ebook self enhancement guide, is based on the author’s many years of personal painstaking scientific theory based research. The many years of job hiring research includes using surveys and interviews with individuals within the job hiring environment. This book will be another welcome addition to your other self-enhancement references, a reference that you and your loved ones will generate higher work-related returns. Your hardworking author, Professor Smith (pen) whose mother is known in a California (USA) banking community, continues to continues to tirelessly help students, professionals, and other individuals with their research needs in the areas of business, management, economics, management, philosophy, religion, human resource management, education, and other related topics. For your questions and comments, please email me at Harith2971@hotmail.com. For each book you buy, you will receive a 10 page additional supplement. Please email me at my email, Harith2971@hotmail.com, and i will send you your free 10 page book supplement filled with advice. My other book titles include: 1. Financial Statement Analysis for non Accountants (Simplified) 2. Study Tips (Proven Effective Study Secrets Finally Revealed) 3. How to Improve Your Decision Making Skills (Simplified) (Accounting-Based Management & Everyday Decisions Made Easy) 4. Ethics and Morality (Simplified) 5. Human Behavior in Organization (Simplified) 6. Fundamentals of Statistics (Simplified) 7.Kidnapped?!! The Continuing Search... 8. How to Stop Smoking (Secrets Revealed)
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Accounting-Based Management Principles (Made Easy) - Harry Jack Smith
Accounting-Based Management Principles (Made Easy)
(Financial Statement Analysis Simplified)
By:
Professor Harry Jack Smith
Smashwords Edition
PUBLISHED BY:
Prof. Harry Jack Smith
Copyright © 2013 by Professor Harry Jack Smith
Thank you for reading this Ebook. It remains the copyrighted property of the author and may not be reproduced, scanned, or distributed for any commercial or non-commercial use without permission from the author. Quotes used in reviews are the exception. No alteration of content is allowed. If you enjoyed this book, then encourage your friends to grab their own copies.
Your support and respect for the property of this author is appreciated.
This book is a work of labor and any resemblance to persons, living or dead, or places, events or locales is purely coincidental.
General Patronage Material
Many thanks to my Wife, Amy , and my Children, Renz Louise and Maria Pamela, who continue to be my inspirations for living in our hectic but enjoyable world.
Please note that I use U.S. English spelling throughout.
I hope you enjoy the story as much as I enjoyed writing it.
Photo Credit (Miles, 2011)
Table of Contents
Chapter 1 How Financial Statements Improve Your Business Decisions
Chapter 2 How to Use Financial Ratios to enhance Your Decision Making
Chapter 3 Financial Statement Analysis – Simplified
Chapter 4 How Trending Financial Statement Analysis Tools Improve Decision Making
Chapter 5 How to Effectively Set the Sales Price Computation
Chapter 6 Financial Statement Analysis – Feasibility Study Simplified
Chapter 7 Conclusion
Photo Credit (Miles, 2012)
Chapter 1
Introduction
Return to table of Contents
If you were given $ (€ ) 20,000. What business will you engage in?. ) One possible answer is to set up a grocery store. Another possible answer is a restaurant. Another possible answer is a bookstore. Another possible answer is a pharmacy. Another possible answer is book publishing business. Each person will have his or her one business type.
Photo Credit (Tungphoto, 2013)
No matter what type of business endeavor you may choose, all successful management decisions are grounded on similar basic management and accounting concepts. The purpose of this book is to pick out the most popular management and accounting-based decision tools that will increase the quality of one’s decision making activities. The author is a college professor and tutor of management, accounting, economics, statistics, human resource management, feasibility study, research, and dissertation for more than 12 years.
Your author, Professor Harry Jack Smith (pen) writes this book in order to share his expertise in management and accounting to eager readers who are current and future leaders of their own organization or community. This valuable piece of art work is meant to add the icing on the cake
to the current management decision making skills of the readers. The complex relevant decision making accounting concepts, normally taught in the MBA masters courses, are simplified for those who do not have time to venture into formal MBA enrollment but need those relevant MBA concepts as soon as possible (ASAP).
Photo Credit (Thephotoh, 2009)
How Different Parties effectively use Financial Statements to enhance their business decisions
Customers
Different parties offer different reasons for using the financial or business reports. First, the current and future company customers use the financial reports to determine