Accounting: Understanding and Practice

Part One: Introduction to Financial Accounting The statement of financial position (balance sheet) and what it tells us The income statement (profit and loss account) The development of financial reporting Ratios and interpretation: a straightforward introduction How the stock market assesses company performance Cash flow statements: understanding and preparation Advanced interpretation of company and group accounts Current issues in financial reporting Bookkeeping to trial balance Trial balance to final accounts Part Two: Financial Management Financing a business Management of working capital Part Three: Introduction to Management Accounting Introduction to management accounting Investment appraisal Budgetary planning and control Absorption costing Marginal costing and decision-making Standard costing and variance analysis Online material: Chapter: Incomplete records Appendix: Developments in management accounting