1. Goals of Financial Management
No, I don't think that most non accounting managers understand and use many much less all of the concepts and principles that is taught in accounting, finance or economics. ... Understanding at least the concepts and theories of accounting can help the non accountant to maximize the utility for which financial information will to help decision makers make more informed decisions in other areas of business operations. At minimum the non-accountant manager should have a fundamental understanding of the financial statements and conclusions the information can assist with. ... No, I don'...
- Word Count: 729
- Approx Pages: 3
- Has Bibliography
- Grade Level: Undergraduate