Accounting for Managers: Interpreting Accounting Information for Decision-Making, Canadian Edition

CONTENTS

About the Author

Preface

Acknowledgments

PART I CONTEXT OF ACCOUNTING

1 Introduction to Accounting

Accounting, Accountability, and Stewardship

The Role of Financial Accounting

The Role of Management Accounting

Core Activities of Management Accounting

Trends in Management Accounting

Management Accounting in Practice

2 Accounting and Its Relationship to Shareholder Value and Corporate Governance

Capital and Product Markets

Value-Based Management

Shareholder Value, Strategy, and Accounting

Company Regulation and Corporate Governance

Risk, Internal Control of Financial Reporting, and Management Accounting

A Critical Perspective

3 Recording Financial Transactions and Accounting and Information Systems

Business Events, Transactions, and the Accounting System

The Double Entry: Recording Transactions

Extracting Financial Information from the Accounting System

Basic Principles of Accounting

Cost Terms and Concepts: The Limitations of Financial Accounting

Accounting and Information Systems

4 Constructing Financial Reports: IFRS and the Framework of Accounting

Management's Responsibility for Fair Presentation

International Financial Reporting Standards: An Overview

Conceptual Framework for Financial Reporting

Reporting Profitability: The Statement of Comprehensive Income

Reporting Financial Position: The Statement of Financial Position

Accrual Accounting

Depreciation

Specific IFRS Accounting Treatments

Reporting Cash Flow: The Statement of Cash Flows

A Critical Perspective on Accounting ...