This pack is made up of the "Managing Financial Information Textbook" and "Revision Guide". Details on both are below. The textbook, "Managing Financial Information" examines a subject that managers fear and resent but that lies at the heart of every organisation. Beginning with an explanation of how the finance department fits into the business as a whole, the book goes on to take the reader carefully through the construction of a balance sheet, the trading and loss account, the cash statement and the manufacturing account, explaining the different roles of each. The language of financial information can often seem arcane. "Managing Financial Information" explains such vital terms as profit and loss, added value and cost benefit analysis, and includes a large selection of straightforward exercises and examples to give a backbone to your understanding. Reading this book will enable the reader to confidently interpret and use: management ratios; costing concepts and techniques, including absorption costing, standard costing and marginal costing; cash flow; and cash budgets and master budgets.
Readable and direct, "Managing Financial Information" is the best introduction to the business of understanding finance today. It contains an introduction by the late Professor Ian Beardwell, former IPD Vice President of Membership and Education. "Revision Guide" includes: advice on how to prepare for the exams; guidance on how to avoid common mistakes and how to maximise students' potential; advice on how to approach exam questions; examples of past exam questions with suggestions on how to answer (including examples from the May 2004 exam paper); and examples of responses students have given and explanation of why these were good, poor, or average.
- ISBN10 1843980967
- ISBN13 9781843980964
- Publish Date 1 November 2004 (first published 30 October 2003)
- Publish Status Out of Print
- Out of Print 17 August 2005
- Publish Country GB
- Imprint Chartered Institute of Personnel & Development
- Format Paperback
- Pages 289
- Language English