The indispensable business bible for every manager and accountant in the Motor Industry!

Until now, the knowledge needed to understand Management Accounts and the manufacturer's Composite has been very difficult to obtain, if not impossible and the problems have been fuelled by input inconsistencies at all levels with no definitive or clear direction.

This book changes everything!

Beginning from the ground floor and working up, it travels all the way through the Management Accounts of the Motor Industry looking at every aspect so that you can get your answers fast!

It's written for everyone to understand right from the newly promoted Departmental Manager to the seasoned veteran removing all confusion, enhancing clarity and giving you the information you need to accelerate your business profitability.

The role of the Accountant in the modern-day business has changed significantly. They can no longer be the person crunching numbers in the back office, they need to be fully integrated with the management team so that everyone understands the whole business. This book is the perfect tool to help Accountants and Managers communicate with each other in what are perceived to be different world!

In the past, the general rule was that Accountants input what they believe to be correct and Managers learn to interpret the information as they go along in their job role and that's a real nightmare for any Manager! It doesn't have to be this way.

However, to add to the problem, different Accountants have different ways of interpreting things, which generates inconsistent output and widespread confusion amongst management teams everywhere.

This book puts an end to all of this confusion and bridges the gap between financial awareness and commercial awareness leaving Accountants and Managers with perfect clarity.

It's perfectly suited for the small independent business owner with a single workshop or used vehicle operation, right up to a major franchise with a fully fledged dealer network consisting of major groups and public limited companies.

Book review by David Carter

Jeff Smith's new book, Management Accounts Made Easy has truly gripped me over the course of the last few days. It reinforces the need for managers to get to grips with this vital aspect of their job. It allows management teams, and their accountants, the ability to communicate better with each other. It gets right to the heart of the matter of financial issues quickly and effectively with an ease that has been missing from other industry publications.

Whatever your career aspirations, Management Accounts Made Easy, is essential reading for individual career development.

With motor retailing incorporating 'industry best practices' on a globaI basis, it is as relevant on the international stage, as it is within the UK.

The book is uncompromising in both its clarity, and simplicity. Allowing the reader to build on a knowledge base and develop confidence in the subject, at one and the same time.

Read the full review by David Carter

It's made up of three separate parts so that you can
get to the information that you want, fast!

Part 1 - The Principles of Management Accounts
This section is written for the new and aspiring departmental Manager who requires an introduction to Management Accounts and how to interpret them. It covers the different terminology that's in use for profit and expenses including the terms Variable, Semi-Fixed, Direct, Indirect, Overheads, Direct Profit, Net Profit Before Interest and Net Profit. There's also chapter on how to read and interpret a set of Management Accounts, an introduction to a manufacturers Composite and it gives the magic 5-step strategy that makes it all so easy to understand.

Part 2 - Understanding the Departments
This section bridges the gap between financial awareness and commercial awareness by providing guidance for Accountants to code the Nominal Ledger with clear and objective reasoning so that operational performance is highly visible. It also provides guidance for Managers to interpret each of the departments including Sales, Service, Parts and the Bodyshop.

Part 3 - Understanding the Balance Sheet
Essential reading for everyone who owns this book. It's written as an introduction to the Balance Sheet and explains Working Capital and how much is required to run your business and goes into detail about how to control your Cash Flow. It also explains how to fund a company correctly so that it doesn't go bust in turbulent times.

You can't hope to run a business properly without this information and what's helpful is that it's written in layman's language so that it's very easy to read and not full of figures and statistics that you might expect. The whole book is written in plain English for everyone to understand.

It shows you the easy way to interpret your business to
make more profit, more easily and more often.

The aim of this new book is to help Accountants and Managers to communicate and work with each other to remove conflict and speed up business development.

Use it to structure your Management Accounts to match with operational performance and to achieve higher levels of communication and co-operation throughout the whole business.

Just like the other books in the range, Management Accounts Made Easy is produced in hardback to the very highest standards and it's the perfect size to fit snugly in your briefcase or sit on your desk so it's to hand at the time you need it most. It also comes with a no risk, 100% money back guarantee!

The total price is £47 which includes postage and packing in mainland UK. (An additional cost of £8 is added for high priority Air Mail if your are outside of mainland UK).

Yes Please! I'd like to order my copy of Management Accounts Made Easy

You can pay using Google Checkout or PayPal

If you would like your book personally signed by Jeff Smith,
please include your request with your order.

Alternatively, you can request a pro forma invoice and pay by bank transfer by calling the office on 0044 1384 371432.

If you have any further questions, you can email sharonsmith@askinsight.com or write in to the office at the address below:

Insight Training & Development Ltd
Publications Department (W)
P O Box 1234
Stourbridge
England
DY8 2GE

100% Money Back Guarantee
We want you to be absolutely delighted with your purchase, so if you decide that Management Accounts Made Easy by Jeff Smith is not what you expected, all that you have to do is send it back to us in its original condition within 28 days of purchase and we will give you a full 100% Refund; we don't even deduct the postage.

When you want to know the easy way
to read and interpret your Management Accounts...

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