The Power of Accounting：What the Numbers Mean and How to Use Them

In this text on managerial accounting for non-financial managers, Lewis (accounting, the U. of Portland) explains how to understand the information that accounting systems provide and how to use that information in decision-making and planning. After a chapter on types of accounting and financial statements, coverage encompasses cost analysis, cost-volume-profit analysis, basics of decision making, capital budgeting decisions, and planning and budgeting. Other areas covered include control, allocation, and financial statement analysis. Learning features include chapter overviews, summaries, and exercises. Appendices offer excerpts from a real 10-K report, plus a glossary and answers to exercises. The book will be useful for managers working in large or small corporate or non-corporate organizations. Annotation c2012 Book News, Inc., Portland, OR (booknews.com)

Larry Lewis is a Professor of Accounting at the University of Portland's Pamplin School of Business, USA. He earned his B.A. and his M.A and Ph.D. from the University of Nebraska. He served as the Dr. Robert B. Pamplin, Jr. School of Business Dean from June of 2001-June of 2006. He currently teaches accounting at both the graduate and undergraduate levels and is a consultant to businesses, government organizations, and non profits.