1996•International Thomson Business Press eBooksRequires access
Financial accounting : method & meaning
Rob Gray, Richard C. Laughlin, Jan Bebbington
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Abstract
What is accounting and why study it? Cash, cash books, units of account and bank reconciliations. Organisations, accounting subsystems and the structure of financial accounting. Bookkeeping, organisational flow and the initial trial balance. Accounting information systems and organising the books of account. The trial balance and categorisation: assets, liabilities, revenues and expenses, provisions and reserves. Basic TB adjustments 1: accruals and prepayments. Basic TB adjustments 2: depreciation and disposal of assets. Basic TB adjustments 3: stock allocation and valuation. Basic TB adjustments 4: bad and doubtful debts. From the TB to the Financial Statements. Partnership accounts. Company accounts. Interpreting financial statements. Accounting for inflation and changing prices. Social and environmental accounting. Thinking about accounting - theoretical perspectives on financial accounting and reporting. Where we have been and where we go next.