Managing Financial Resources (Institute of Management Foundation S.) - Softcover

Broadbent, Michael

Softcover

ISBN 10: 075060669X ISBN 13: 9780750606691

Publisher: Butterworth-Heinemann, 1993

Synopsis

Managing Financial Resources aims to explain the principles involved in the management of financial resources. It aims to provide practicing non-financial managers with an understanding of the terms and techniques of accountancy so they may communicate more easily with and understand financial reports issued by their more accounting-aware colleagues. The book concentrates on one type of financial information-management accountancy-but draws together concepts from systems analysis, organizational behavior, marketing, and other distinct disciplines to reflect the rich variety which is involved in the management of any limited resource within large organizations. Key topics discussed include published accounting statements; management decision-making, planning, and control; short- and long-term decision making in organizations; pricing decisions; and performance measurement and transfer pricing issues within divisionalized organizations. Each chapter includes problems and discussion topics ranging from open-ended case studies to problems with particular numerical answers. Suggested answers are offered at the back of the book.

About this title

Review

"I think Broadbent and Cullen is an excellent book and I am sure that this is not simply because both John and Mick have taught me in the past. Seriously, the book provides a very useful introduction especially for non finance specialists" John Parker. Lecturer, Sheffield Hallam

From the Back Cover

Managing Financial Resources addresses the complicated issues of financial planning and control. These include performance measures and cost analysis, methods of improving profitability and techniques of financial monitoring and control. Real examples and case studies are used throughout to illustrate points in a practical context.

All chapters have been updated and new material has been added to extend the original text in areas such as public sector management issues, audit commission, capital investment decisions, stakeholder analysis for published reports and accounts, performance measurement, outsourcing, new developments in the public sector and transfer pricing.

This book is based on the Management Charter Initiative's Occupational Standards for Management NVQs and SVQs at level 4. It is particularly suitable for managers on the Diploma in Management or part 1 of the Postgraduate Diploma, especially those accredited by the Chartered Management Institute and Edexcel but this also a useful text for practicing managers and those individuals studying for a MBA.

Michael Broadbent is Professor of Accounting and Head of Department for Statistics, Accounting and Management Systems, University of Hertfordshire Business School.

John Cullen is Professor of Management Accounting at the School of Business and Finance, Sheffield Hallam University.

As the champion of management, The Chartered Management Institute shapes and supports managers of tomorrow. By sharing intelligent insights and setting standards in management development, the Institute helps to deliver results in a dynamic world. If you would like to hear more about the benefits of individual or corporate membership, please contact:

Department HM
Chartered Management Institute
Cottingham Road
Corby, Northants, NN17 1TT
(01536) 204222
www.managers.org.uk

Edition details

• Publisher: Butterworth-Heinemann
• Publication date: 1993
• Language: English
• ISBN 10: 075060669X
• ISBN 13: 9780750606691
• Binding: Paperback
• Number of pages: 398