Quantitative Models in Accounting: A Procedural Guide for Professionals

(Hardback)

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Description

This professional book is designed for managers involved in the use of quantitative techniques to solve accounting-based problems. Belkaoui takes the reader in hand and carefully reviews the mathematical and statistical techniques needed to understand quantitative models, and then introduces those models of relevance to accounting areas of cost-volume-profit analysis, cost estimation, linear programming, cost control, inventory models, capital budgeting, and network analysis.

Reviews

Many accounting executives are expert in accounting, tax, and data-processing techniques but weak in dealing with mathematical and statistical models. Although they studied these models in business courses, they rarely meet them in practice until reaching fairly high levels in management. Belkaoui, a prolific author on accounting topics, provides a useful summary and review for executives in such a position. After a review of mathematics and statistics, Belkaoui covers cost-volume-profit analysis, regression analysis, learning curves, linear programming, cost variances, inventory models, capital budgeting, and network analysis. The coverage of these topics is somewhat condensed, but each chapter includes a bibliography that can guide the reader to further material.-Choice
"Many accounting executives are expert in accounting, tax, and data-processing techniques but weak in dealing with mathematical and statistical models. Although they studied these models in business courses, they rarely meet them in practice until reaching fairly high levels in management. Belkaoui, a prolific author on accounting topics, provides a useful summary and review for executives in such a position. After a review of mathematics and statistics, Belkaoui covers cost-volume-profit analysis, regression analysis, learning curves, linear programming, cost variances, inventory models, capital budgeting, and network analysis. The coverage of these topics is somewhat condensed, but each chapter includes a bibliography that can guide the reader to further material."-Choice

Author Bio

AHMED BELKAOUI is Professor of Accounting at the University of Illinois at Chicago.