December 2025
Beginner
336 pages
7h 46m
English
Content preview from Managerial Accounting For Dummies, 2nd Edition
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Part 5
Managerial Accounting and Strategy
IN THIS PART …
In Part 5, I stretch the ideas in Parts 1 through 4 past profits and other financial measures so that I can help you explore bigger concepts, like avoiding disasters and making our world a better place. First, I discuss risk — how to identify and manage risks in order to plan for and avoid catastrophes. Then I introduce the balanced scorecard, a means for measuring a company’s progress in implementing strategy. Finally, I describe new tools accountants have developed to report corporate social responsibility — helping people and the planet.
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