How to produce management accounts
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how to produce management accounts – a quick guide with several years of experience in the manufacturing and media industries, mazhar mahmood has compiled a defined and to the point handbook of management accounts production for all those, who are new in the profession of accounting or aspiring to join this rewarding career through academics. The handbook is packed with a wealth of personal experience within the field of accountancy and serves to allay any fears and apprehensions by giving a not-too-deep and at the same time, a sufficiently thorough description of the general steps involved in the preparation of a monthly reporting pack.
the manual how to produce management accounts: a quick guide is specifically aimed at students, graduates, newly hires and all those people who in the main have a curiosity about how the finance function fits in the overall organisational structure.
the learning outcomes of this guide are centered around the ability to prepare a monthly profit and loss account / income statement, as part of the monthly management accounts reporting pack. You will be introduced to the organisational chart of accounts , the division of the income statement into its various segments, right down to the ebitda alongside the workflow processes undertaken within the main finance function. However, the real value of this guide is in learning and understanding the 10 vital activities that mazhar mahmood has identified through experience and which most organisations undertake to prepare a monthly income statement. This is where this guide is very specific and informational. It answers your question “what shall i expect to see in my monthly management accounts?” last but not least, you will be introduced to some of the journal entries that underpin these key activities.
for a unique handbook of this nature and with the depth of knowledge shared by the author, it is very reasonably priced at 14.99 . You will be emailed a pdf document, reada…read more detail
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