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Understanding Organisations in their Context, 5th Edition
book

Understanding Organisations in their Context, 5th Edition

by Institute of Leadership & Institute of Leadership & Management
June 2013
Intermediate to advanced content levelIntermediate to advanced
232 pages
5h 5m
English
Routledge
Content preview from Understanding Organisations in their Context, 5th Edition

Session B

The need for accounts

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Introduction

Money (or cash, or finance, or funds) is very important to all of us, both as private individuals and as members of organizations. It isn't that it is valuable in itself; its importance is in what it can buy and what it can do for us.

Trading organizations must keep detailed and accurate accounts if they are to stay in business at all, and if they hope to plan for the future in any meaningful way. For example, if manufacturers were approached to make a new product but did not have the right equipment to put the product together, they would have to buy new plant and machinery. If they did ...

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Publisher Resources

ISBN: 9780080464275