Management Accounting. Part 1 – Balance Sheet, Profit Loss Account

„Management Accounting. Part 1 - Balance Sheet | Profit/Loss Account.” is based completely on the textbook “Management Accounting.”.


The textbook “Management Accounting.” describes in detail the Big Picture – the central overall connection in accounting/controlling – as well as the elements which affect this connection: Balance Sheet | Profit/Loss Account | Profit Plan | Finance Plan | Budgeted Balance Sheet.


“Management Accounting. Part 1 - Balance Sheet | Profit/Loss Account” deals with the contents of and the connections between the elements Balance Sheet and Profit/Loss Account in detail. Additionally, the effects of concrete accounting/controlling activities and business cases in and on balance sheet and profit/loss account are presented and annotated.


Target groups of “Management Accounting. Part 1 - Balance Sheet | Profit/Loss Account” are students of economic/business courses in the framework of their basic education or in the framework of their introductory courses, students doing post-graduate programmes, as well as managers in enterprises with practical experience – all of them facing the challenge of having to understand and to apply the basic connections of accounting in enterprises – presented in and through balance sheet and profit/loss account.


„Management Accounting. Part 1 - Balance Sheet | Profit/Loss Account” is supplemented and continued by “Management Accounting. Part 2 - Profit Plan | Finance Plan | Budgeted Balance Sheet”.