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Accounting and finance for non-specialists / / Peter Atrill, Eddie McLaney
| Accounting and finance for non-specialists / / Peter Atrill, Eddie McLaney |
| Autore | Atrill Peter |
| Edizione | [Tenth edition.] |
| Pubbl/distr/stampa | Harlow, England : , : Pearson, , 2017 |
| Descrizione fisica | 1 online resource (569 pages) |
| Disciplina | 657 |
| Soggetto topico |
Accounting
Financial statements |
| ISBN | 1-292-13565-4 |
| Formato | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Cover -- Brief contents -- Contents -- Preface -- Ackowledgements -- 1 Introduction to accounting and finance -- Introduction -- What are accounting and finance? -- Who are the users of accounting information? -- Providing a service -- Weighing up the costs and benefits -- Accounting as an information system -- Management accounting and financial accounting -- Scope of this book -- The changing face of accounting -- Why do I need to know anything about accounting and finance? -- The quest for wealth creation -- Meeting the needs of other stakeholders -- Balancing risk and return -- Not-for-profit organisations -- Summary -- Key terms -- Further reading -- Review questions -- Part One FINANCIAL ACCOUNTING -- 2 Measuring and reporting financial position -- Introduction -- The major financial statements - an overview -- The statement of financial position -- The effect of trading transactions -- Classifying assets -- Classifying claims -- Statement layouts -- Capturing a moment in time -- The role of accounting conventions -- Money measurement -- Valuing assets -- Meeting user needs -- Summary -- Key terms -- Further reading -- Review questions -- Exercises -- 3 Measuring and reporting financial performance -- Introduction -- The income statement -- Different roles -- Income statement layout -- Further issues -- Recognising revenue -- Recognising expenses -- Depreciation -- Costing inventories -- Trade receivables problems -- Uses and usefulness of the income statement -- Summary -- Key terms -- Further reading -- Review questions -- Exercises -- 4 Accounting for limited companies -- Introduction -- The main features of limited companies -- The role of the Stock Exchange -- Managing a company -- The UK Corporate Governance Code -- Financing limited companies -- Borrowings -- Withdrawing equity -- The main financial statements -- Dividends.
Additional financial statements -- The directors' duty to account -- The need for accounting rules -- Sources of accounting rules -- The auditors' role -- Management commentary -- Creative accounting -- Summary -- Key terms -- Further reading -- Review questions -- Exercises -- 5 Measuring and reporting cash flows -- Introduction -- The statement of cash flows -- Why is cash so important? -- The main features of the statement of cash flows -- A definition of cash and cash equivalents -- The relationship between the main financial statements -- The layout of the statement of cash flows -- The normal direction of cash flows -- Preparing the statement of cash flows -- What does the statement of cash flows tell us? -- Summary -- Key terms -- Further reading -- Review questions -- Exercises -- 6 Analysing and interpreting financial statements -- Introduction -- Financial ratios -- Financial ratio classifications -- The need for comparison -- Calculating the ratios -- A brief overview -- Profitability -- Efficiency -- Relationship between profitability and efficiency -- Liquidity -- Financial gearing -- Investment ratios -- Trend analysis -- Using ratios to predict financial failure -- Limitations of ratio analysis -- Summary -- Key terms -- Further reading -- Review questions -- Exercises -- Part Two MANAGEMENT ACCOUNTING -- 7 The relevance and behaviour of costs -- Introduction -- What is meant by 'cost'? -- Relevant costs: opportunity and outlay costs -- Cost behaviour -- Fixed cost -- Variable cost -- Semi-fixed (semi-variable) cost -- Finding the break-even point -- Contribution -- Margin of safety -- Operating gearing -- Failing to break even -- Weaknesses of break-even analysis -- Using contribution to make decisions: marginal analysis -- Summary -- Key terms -- Further reading -- Review questions -- Exercises -- 8 Full costing -- Introduction. What is full costing? -- Why do managers want to know the full cost? -- Single-product businesses -- Multi-product businesses -- Overheads as service renderers -- Activity-based costing -- Using full (absorption) cost information -- Summary -- Key terms -- Further reading -- Review questions -- Exercises -- 9 Budgeting -- Introduction -- How budgets link with strategic plans and objectives -- Time horizon of plans and budgets -- How budgets help managers -- Budgets and forecasts -- Limiting factors -- How budgets link to one another -- Using budgets in practice -- Preparing budgets -- Non-financial measures in budgeting -- Budgeting for control -- Measuring variances from budget -- Making budgetary control effective -- Behavioural issues -- The use of variance analysis -- Summary -- Key terms -- Further reading -- Review questions -- Exercises -- Part Three FINANCE -- 10 Making capital investment decisions -- Introduction -- The nature of investment decisions -- Investment appraisal methods -- Accounting rate of return (ARR) -- Payback period (PP) -- Net present value (NPV) -- Why NPV is better -- Internal rate of return (IRR) -- Some practical points -- Investment appraisal in practice -- Investment appraisal and strategic planning -- Summary -- Key terms -- Further reading -- Review questions -- Exercises -- 11 Financing a business -- Introduction -- The main objective of financing policy -- Sources of finance -- Internal sources of finance -- Internal sources of long-term finance -- Internal sources of short-term finance -- External sources of finance -- External sources of long-term finance -- Forms of borrowing -- External sources of short-term finance -- Long-term versus short-term borrowing -- Gearing and the financing decision -- Raising long-term finance -- The role of the Stock Exchange -- The Alternative Investment Market. Providing long-term finance for the small business -- Islamic finance -- Summary -- Key terms -- References -- Further reading -- Review questions -- Exercises -- 12 Managing working capital -- Introduction -- What is working capital? -- The scale of working capital -- Managing inventories -- Managing trade receivables -- Managing cash -- Managing trade payables -- Summary -- Key terms -- Further reading -- Review questions -- Exercises -- Appendix A: Glossary of key terms -- Appendix B: Solutions to self-assessment questions -- Appendix C: Solutions to review questions -- Appendix D: Solutions to selected exercises -- Appendix E: Present value table -- Index. |
| Record Nr. | UNINA-9910155156903321 |
Atrill Peter
|
||
| Harlow, England : , : Pearson, , 2017 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Financial accounting for decision makers / / Peter Atrill, Eddie McLaney
| Financial accounting for decision makers / / Peter Atrill, Eddie McLaney |
| Autore | Atrill Peter |
| Edizione | [Eighth edition.] |
| Pubbl/distr/stampa | Harlow, England : , : Pearson Education Limited, , [2016] |
| Descrizione fisica | 1 online resource (xx, 585 p.) : ill |
| Disciplina | 658.15 |
| Collana | Always learning |
| Soggetto topico |
Decision making
Accounting |
| ISBN | 1-292-09911-9 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Cover -- Title page -- Copyright page -- Brief contents -- Contents -- Preface -- How to use this book -- Acknowledgements -- 1 Introduction to accounting -- Introduction -- Learning outcomes -- What is accounting? -- Who are the users of accounting information? -- The conflicting interests of users -- How useful is accounting information? -- Providing a service -- Weighing up the costs and benefits -- Accounting as an information system -- Management accounting and financial accounting -- Scope of this book -- The changing face of accounting -- Accounting for business -- What is the purpose of a business? -- What kinds of business ownership exist? -- How are businesses organised? -- The quest for wealth creation -- Meeting the needs of other stakeholders -- Balancing risk and return -- Reasons to be ethical -- Not-for-profit organisations -- Summary -- Key terms -- References -- Further reading -- Review questions -- 2 Measuring and reporting financial position -- Introduction -- Learning outcomes -- The major financial statements - an overview -- The statement of financial position -- The effect of trading transactions -- Classifying assets -- Classifying claims -- Statement layouts -- Capturing a moment in time -- The role of accounting conventions -- Money measurement -- Valuing assets -- Meeting user needs -- Self-assessment question -- Summary -- Key terms -- Further reading -- Review questions -- Exercises -- 3 Measuring and reporting financial perfomance -- Introduction -- Learning outcomes -- The income statement -- Different roles -- Income statement layout -- Further issues -- Recognising revenue -- Recognising expenses -- Profit, cash and accruals accounting -- Depreciation -- Costing inventories -- Trade receivables problems -- Uses and usefulness of the income statement -- Self-assessment question -- Summary -- Key terms.
Further reading -- Review questions -- Exercises -- 4 Accounting for limited companies (1) -- Introduction -- Learning outcomes -- The main features of limited companies -- Legal safeguards -- Public and private companies -- Taxation -- The role of the Stock Exchange -- Capital market efficiency -- Managing a company -- Financing limited companies -- Share capital -- Reserves -- Bonus shares -- Share capital jargon -- Borrowings -- Raising share capital -- Withdrawing equity -- The main financial statements -- Dividends -- Self-assessment question -- Summary -- Key terms -- References -- Further reading -- Review questions -- Exercises -- 5 Accounting for limited companies (2) -- Introduction -- Learning outcomes -- The directors' duty to account -- The need for accounting rules -- Sources of accounting rules -- Problems with standards -- Accounting rules or accounting choice? -- The need for a conceptual framework -- The IASB framework -- The auditors' role -- The framework of annual financial reports -- Presenting the financial statements -- Management commentary -- Directors'report -- Strategic report -- Accounting standards and accounting policies -- Creative accounting -- Self-assessment question -- Summary -- Key terms -- References -- Further reading -- Review questions -- Exercises -- 6 Measuring and reporting cash flows -- Introduction -- Learning outcomes -- The statement of cash flows -- Why is cash so important? -- The main features of the statement of cash flows -- A definition of cash and cash equivalents -- The relationship between the main financial statements -- The layout of the statement of cash flows -- The normal direction of cash flows -- Preparing the statement of cash flows -- Reconciliation of liabilities from financing activities -- What does the statement of cash flows tell us? -- Problems with IAS 7. Self-assessment question -- Summary -- Key terms -- Reference -- Further reading -- Review questions -- Exercises -- 7 Recognising and reporting assets and liabilities -- Introduction -- Learning outcomes -- Provisions, contingent liabilities and contingent assets -- Provisions -- Contingent liabilities -- Contingent assets -- Internally-generated intangible assets -- Leases -- Borrowing costs -- Self-assessment question -- Summary -- Key terms -- Further reading -- Review questions -- Exercises -- Appendix: Time value of money -- 8 Analysing and interpreting financial statements (1) -- Introduction -- Learning outcomes -- Financial ratios -- Financial ratio classifications -- The need for comparison -- Calculating the ratios -- A brief overview -- Profitability -- Efficiency -- Relationship between profitability and efficiency -- Liquidity -- Operating cash cycle -- Financial gearing -- Self-assessment question -- Summary -- Key terms -- Further reading -- Review questions -- Exercises -- 9 Analysing and interpreting financial statements (2) -- Introduction -- Learning outcomes -- Investment ratios -- Financial ratios and the problem of overtrading -- Key performance indicators -- Common-size financial statements -- Trend analysis -- Using ratios to predict financial failure -- Limitations of ratio analysis -- Self-assessment question -- Summary -- Key terms -- References -- Further reading -- Review questions -- Exercises -- 10 Reporting the financial results of groups of companies -- Introduction -- Learning outcomes -- What is a group of companies? -- How do groups arise? -- Types of group relationship -- Preparing a group statement of financial position -- Goodwill arising on consolidation and asset carrying amounts -- Inter-company assets and claims -- Preparing a group income statement -- The statement of comprehensive income. Inter-company trading -- Group statement of cash flows -- Accounting for less than a controlling interest - associate companies -- The argument against consolidation -- Self-assessment question -- Summary -- Key terms -- Further reading -- Review questions -- Exercises -- 11 Increasing the scope of financial reporting -- Introduction -- Learning outcomes -- The development of financial reporting -- From stewardship to decision making -- Segmental financial reports -- Summary financial statements -- Interim financial statements -- The value added statement -- Inflation accounting and reporting -- Self-assessment question -- Summary -- Key terms -- References -- Further reading -- Review questions -- Exercises -- 12 Governing a company -- Introduction -- Learning outcomes -- Corporate governance -- The board of directors -- The UK Corporate Governance Code -- Tasks of the board -- Chairing the board -- The role of non-executive directors -- The audit process -- Remunerating directors -- Performance measures -- Asessing board performance -- The rise of shareholder activism -- Self-assessment question -- Summary -- Key terms -- References -- Further reading -- Review questions -- Exercises -- Appendix A Recording financial transactions -- Introduction -- Learning outcomes -- The basics of double-entry bookkeeping -- Recording trading transactions -- Balancing accounts and the trial balance -- Preparing the financial statements (final accounts) -- The ledger and its division -- Summary -- Key terms -- Further reading -- Exercises -- Appendix B Glossary of key terms -- Appendix C Solutions to self-assessment questions -- Appendix D Solutions to review questions -- Appendix E Solutions to selected exercises -- Index. |
| Record Nr. | UNINA-9910154762903321 |
|
Atrill Peter
|
||
| Harlow, England : , : Pearson Education Limited, , [2016] | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Management accounting for decision makers / / Peter Atrill and Eddie McLaney
| Management accounting for decision makers / / Peter Atrill and Eddie McLaney |
| Autore | Atrill Peter |
| Edizione | [Eight edition.] |
| Pubbl/distr/stampa | Harlow, England : , : Pearson, , 2015 |
| Descrizione fisica | 1 online resource : illustrations |
| Disciplina | 658.15/11 |
| Collana | Always Learning |
| Soggetto topico |
Managerial accounting
Decision making |
| ISBN |
9781292072463 (pdf)
9781292072517 (eText) 1292072466 9781292072432 (paperback) 1292072431 1336034203 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Cover -- Contents -- Preface -- How to use this book -- Acknowledgments -- 1 INTRODUCTION TO MANAGEMENT ACCOUNTING -- INTRODUCTION -- Learning outcomes -- WHAT IS THE PURPOSE OF A BUSINESS? -- HOW ARE BUSINESSES ORGANISED? -- HOW ARE BUSINESSES MANAGED? -- 1 Establish mission, vision and objectives -- 2 Undertake a position analysis -- 3 Identify and assess the strategic options -- 4 Select strategic options and formulate plans -- 5 Perform, review and control -- THE CHANGING BUSINESS LANDSCAPE -- WHAT IS THE FINANCIAL OBJECTIVE OF A BUSINESS? -- BALANCING RISK AND RETURN -- WHAT IS MANAGEMENT ACCOUNTING? -- HOW USEFUL IS MANAGEMENT ACCOUNTING INFORMATION? -- PROVIDING A SERVICE -- Further qualities -- WEIGHING UP THE COSTS AND BENEFITS -- MANAGEMENT ACCOUNTING AS AN INFORMATION SYSTEM -- IT'S JUST A PHASE -- WHAT INFORMATION DO MANAGERS NEED? -- REPORTING NON-FINANCIAL INFORMATION -- INFLUENCING MANAGERS' BEHAVIOUR -- REAPING THE BENEFITS OF INFORMATION TECHNOLOGY -- FROM BEAN COUNTER TO TEAM MEMBER -- REASONS TO BE ETHICAL -- MANAGEMENT ACCOUNTING AND FINANCIAL ACCOUNTING -- NOT-FOR-PROFIT ORGANISATIONS -- SUMMARY -- KEY TERMS -- REFERENCES -- FURTHER READING -- REVIEW QUESTIONS -- EXERCISES -- 2 RELEVANT COSTS AND BENEFITS FOR DECISION MAKING -- INTRODUCTION -- Learning outcomes -- COST-BENEFIT ANALYSIS -- WHAT IS MEANT BY 'COST'? -- RELEVANT COSTS: OPPORTUNITY AND OUTLAY COSTS -- SUNK COSTS AND COMMITTED COSTS -- NON-MEASURABLE COSTS AND BENEFITS -- Self-assessment question 2.1 -- SUMMARY -- KEY TERMS -- FURTHER READING -- REVIEW QUESTIONS -- EXERCISES -- 3 COST-VOLUME-PROFIT ANALYSIS -- INTRODUCTION -- Learning outcomes -- COST BEHAVIOUR -- FIXED COST -- VARIABLE COST -- SEMI-FIXED (SEMI-VARIABLE) COST -- Analysing semi-fixed (semi-variable) costs -- FINDING THE BREAK-EVEN POINT -- CONTRIBUTION -- Contribution margin ratio.
MARGIN OF SAFETY -- ACHIEVING A TARGET PROFIT -- OPERATING GEARING AND ITS EFFECT ON PROFIT -- PROFIT-VOLUME CHARTS -- THE ECONOMIST'S VIEW OF THE BREAK-EVEN CHART -- FAILING TO BREAK EVEN -- WEAKNESSES OF BREAK-EVEN ANALYSIS -- USING CONTRIBUTION TO MAKE DECISIONS: MARGINAL ANALYSIS -- Pricing/assessing opportunities to enter contracts -- The most efficient use of scarce resources -- Make-or-buy decisions -- Closing or continuation decisions -- Self-assessment question 3.1 -- SUMMARY -- KEY TERMS -- FURTHER READING -- REVIEW QUESTIONS -- EXERCISES -- 4 FULL COSTING -- INTRODUCTION -- Learning outcomes -- WHAT IS FULL COSTING? -- WHY DO MANAGERS WANT TO KNOW THE FULL COST? -- SINGLE-PRODUCT BUSINESSES -- Process-costing problems -- MULTI-PRODUCT BUSINESSES -- Direct and indirect cost -- Job costing -- Full (absorption) costing and the behaviour of cost -- The problem of indirect cost -- OVERHEADS AS SERVICE RENDERERS -- Job costing: a worked example -- Selecting a basis for charging overheads -- Segmenting the overheads -- Dealing with overheads on a cost centre basis -- Batch costing -- Non-manufacturing overheads -- Full (absorption) costing and estimation errors -- Full (absorption) costing and relevant costs -- FULL (ABSORPTION) COSTING VERSUS VARIABLE COSTING -- Which method is better? -- Self-assessment question 4.1 -- SUMMARY -- KEY TERMS -- REFERENCE -- FURTHER READING -- REVIEW QUESTIONS -- EXERCISES -- 5 COSTING AND COST MANAGEMENT IN A COMPETITIVE ENVIRONMENT -- INTRODUCTION -- Learning outcomes -- COST DETERMINATION IN THE CHANGED BUSINESS ENVIRONMENT -- Costing and pricing: the traditional way -- Costing and pricing: the new environment -- COST MANAGEMENT SYSTEMS -- The problem of overheads -- Taking a closer look -- ACTIVITY-BASED COSTING -- Attributing overheads -- Benefits of ABC -- ABC versus the traditional approach. ABC and service industries -- Criticisms of ABC -- ABC in practice -- MANAGING COSTS OVER THE PRODUCT LIFE CYCLE -- Total life-cycle costing -- Target costing -- Kaizen costing -- OTHER APPROACHES TO MANAGING COSTS IN THE MODERN ENVIRONMENT -- Value chain analysis -- Benchmarking -- Total quality management -- Managing quality costs -- An alternative view -- Self-assessment question 5.1 -- SUMMARY -- KEY TERMS -- REFERENCES -- FURTHER READING -- REVIEW QUESTIONS -- EXERCISES -- 6 BUDGETING -- INTRODUCTION -- Learning outcomes -- HOW BUDGETS LINK WITH STRATEGIC PLANS AND OBJECTIVES -- Exercising control -- TIME HORIZON OF PLANS AND BUDGETS -- LIMITING FACTORS -- BUDGETS AND FORECASTS -- PERIODIC AND CONTINUAL BUDGETS -- HOW BUDGETS LINK TO ONE ANOTHER -- HOW BUDGETS HELP MANAGERS -- THE BUDGET-SETTING PROCESS -- Step 1: Establish who will take responsibility -- Step 2: Communicate budget guidelines to relevant managers -- Step 3: Identify the key, or limiting, factor -- Step 4: Prepare the budget for the area of the limiting factor -- Step 5: Prepare draft budgets for all other areas -- Step 6: Review and co-ordinate budgets -- Step 7: Prepare the master budgets -- Step 8: Communicate the budgets to all interested parties -- Step 9: Monitor performance relative to the budget -- USING BUDGETS IN PRACTICE -- INCREMENTAL AND ZERO-BASE BUDGETING -- PREPARING BUDGETS -- The cash budget -- Preparing other budgets -- ACTIVITY-BASED BUDGETING -- NON-FINANCIAL MEASURES IN BUDGETING -- BUDGETS AND MANAGEMENT BEHAVIOUR -- WHO NEEDS BUDGETS? -- BEYOND CONVENTIONAL BUDGETING -- LONG LIVE BUDGETS! -- Self-assessment question 6.1 -- SUMMARY -- KEY TERMS -- REFERENCES -- FURTHER READING -- REVIEW QUESTIONS -- EXERCISES -- 7 ACCOUNTING FOR CONTROL -- INTRODUCTION -- Learning outcomes -- BUDGETING FOR CONTROL -- TYPES OF CONTROL -- VARIANCES FROM BUDGET. Flexing the budget -- Sales volume variance -- Sales price variance -- Materials variances -- Labour variances -- Fixed overhead variance -- RECONCILING THE BUDGETED PROFIT WITH THE ACTUAL PROFIT -- REASONS FOR ADVERSE VARIANCES -- VARIANCE ANALYSIS IN SERVICE INDUSTRIES -- NON-OPERATING-PROFIT VARIANCES -- INVESTIGATING VARIANCES -- VARIANCE ANALYSIS IN PRACTICE -- COMPENSATING VARIANCES -- MAKING BUDGETARY CONTROL EFFECTIVE -- BEHAVIOURAL ISSUES -- The impact of management style -- Failing to meet the budget -- Budgets and innovation -- STANDARD QUANTITIES AND COSTS -- SETTING STANDARDS -- Who sets the standards? -- How is information gathered? -- What kind of standards should be used? -- THE LEARNING-CURVE EFFECT -- OTHER USES FOR STANDARD COSTING -- SOME PROBLEMS . . . -- THE NEW BUSINESS ENVIRONMENT -- Self-assessment question 7.1 -- SUMMARY -- KEY TERMS -- REFERENCE -- FURTHER READING -- REVIEW QUESTIONS -- EXERCISES -- 8 MAKING CAPITAL INVESTMENT DECISIONS -- INTRODUCTION -- Learning outcomes -- THE NATURE OF INVESTMENT DECISIONS -- INVESTMENT APPRAISAL METHODS -- ACCOUNTING RATE OF RETURN (ARR) -- ARR and ROCE -- Problems with ARR -- PAYBACK PERIOD (PP) -- Problems with PP -- NET PRESENT VALUE (NPV) -- Interest lost -- Risk -- Inflation -- What will logical investors do? -- Using present value tables -- The discount rate and the cost of capital -- WHY NPV IS BETTER -- NPV's wider application -- INTERNAL RATE OF RETURN (IRR) -- Problems with IRR -- SOME PRACTICAL POINTS -- INVESTMENT APPRAISAL IN PRACTICE -- INVESTMENT APPRAISAL AND STRATEGIC PLANNING -- DEALING WITH RISK -- Assessing the level of risk -- Reacting to the level of risk -- MANAGING INVESTMENT PROJECTS -- Stage 1: Determine investment funds available -- Stage 2: Identify profitable project opportunities -- Stage 3: Evaluate the proposed project -- Stage 4: Approve the project. Stage 5: Monitor and control the project -- Self-assessment question 8.1 -- SUMMARY -- KEY TERMS -- REFERENCE -- FURTHER READING -- REVIEW QUESTIONS -- EXERCISES -- 9 PERFORMANCE EVALUATION AND PRICING IN A COMPETITIVE ENVIRONMENT -- INTRODUCTION -- Learning outcomes -- WHAT IS STRATEGIC MANAGEMENT ACCOUNTING? -- FACING OUTWARDS -- Competitor analysis -- Customer profitability analysis -- COMPETITIVE ADVANTAGE THROUGH COST LEADERSHIP -- NON-FINANCIAL MEASURES OF PERFORMANCE -- The balanced scorecard -- Scorecard problems -- MEASURING SHAREHOLDER VALUE -- The quest for shareholder value -- How can shareholder value be created? -- The need for new measures -- Economic value added (EVA ® ) -- JUST ANOTHER FAD? -- PRICING -- Economic theory -- Some practical considerations -- Full-cost (cost-plus) pricing -- Pricing on the basis of marginal cost -- Target pricing -- Pricing strategies -- Self-assessment question 9.1 -- SUMMARY -- KEY TERMS -- REFERENCES -- FURTHER READING -- REVIEW QUESTIONS -- EXERCISES -- 10 MEASURING DIVISIONAL PERFORMANCE -- INTRODUCTION -- Learning outcomes -- DIVISIONALISATION -- Why do businesses divisionalise? -- Types of responsibility centres -- Divisional structures -- Is divisionalisation a good idea? -- MEASURING DIVISIONAL PROFIT -- Contribution -- Controllable profit -- Divisional profit before common expenses -- Divisional profit for the period -- DIVISIONAL PERFORMANCE MEASURES -- Return on investment (ROI) -- Residual income (RI) -- Looking to the longer term -- Comparing performance -- EVA ® REVISITED -- TRANSFER PRICING -- The objectives of transfer pricing -- Transfer pricing and tax mitigation -- Transfer pricing policies -- Market prices -- Variable cost -- Full cost -- Negotiated prices -- Divisions with mixed sales -- Differential transfer prices -- Transfer pricing and service industries. NON-FINANCIAL MEASURES OF PERFORMANCE. |
| Record Nr. | UNINA-9910154780203321 |
|
Atrill Peter
|
||
| Harlow, England : , : Pearson, , 2015 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||