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[[image:euroffice.jpg|center|https://www.awin1.com/cread.php?s=529343&v=3774&q=257597&r=82628]]
I'm capable of drawing up a profit and loss account (income statement in the USA) and a balance sheet and I do so for my own business and for another organisation. The accounts give me ''broadly'' what I need: I know whether we're making a profit or a loss and I can look at the expenses and see what looks as though it could be trimmed back in future years. My problem was that the accounts didn't really give me any help in making decisions, which was why I turned to ''Cost Accounting and Management'', part of Vibrant Publishers' Self-Learning and Management series. Cost accounting provides the information required by authorities external to the company ''and'' to those within it who need to make decisions, so don't worry that you're going to have to draw up two sets of accounts!
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[[image:euroffice.jpg|center|https://www.awin1.com/cread.php?s=529343&v=3774&q=257597&r=82628]]
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