Accounting essentials : managing by the numbers

"To run a business, numbers must be taken into account and factored into everyday decision making, both major and minor. Understanding the numbers associated with day-to-day operations is no longer just the domain of the finance and accounting departments-everyone from lower-level staff to senior managers should learn the fundamentals and the effects of the organization's financial operation on business. Accounting essentials will help you understand how financial data is collected, allocated, and used within your organization. Along the ways, you will learn how the cost of your organization's product or service, the price strategies involved, and short-and long-term decisions impact the bottom line. You will also learn how to calculate a break-even analysis, how to determine appropriate pricing for your product or service, and how operating leverage can affect your profitability. This is an introductory course that teaches the basics of finance, accounting, and economic strategies in an easy-to-follow, easy-to-understand format complete with glossaries, diagrams, and self-tests."