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A line manager's handy guide to profit‐oriented financial planning and accounting techniques

Michael D. Everett (Associate Professor in the Department of Marketing and Management at East Tennessee State University, Johnson City, Tennessee.)

Planning Review

ISSN: 0094-064X

Article publication date: 1 April 1987

128

Abstract

As a line manager immersed in the details of a specific product line or process, you may find yourself thrust into a planning role and asked to make strategic decisions. Unfortunately, years have slipped by since your college accounting and finance courses, and you find the jargon and data difficult to interpret. You're not alone. Studies show that most business students never mastered net present value analysis or managerial cost accounting. In addition, other studies find that graduates generally do not learn these concepts on the job since most line managers generally do not use them.

Citation

Everett, M.D. (1987), "A line manager's handy guide to profit‐oriented financial planning and accounting techniques", Planning Review, Vol. 15 No. 4, pp. 16-20. https://doi.org/10.1108/eb054194

Publisher

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MCB UP Ltd

Copyright © 1987, MCB UP Limited

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