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Table of contents:
A comprehensive introduction to the basic principles and underlying concepts of financial accounting, this extremely student-friendly text is praised for its clear and uncluttered style. Accessible and interactive it has a clear focus on how accounting information can be used to improve the quality of decision making by those outside the business. The book has a strong practical emphasis, with plenty of examples taken from the real world as well as numerical examples with step-by-step explanations. It adopts an appropriate level of detail for introductory courses, avoiding too much emphasis on technical aspects, focusing instead on the use of accounting information.
Contents:
Preface, Guided tour, Acknowledgements 1
Introduction to accounting 2
Measuring and reporting financial position 3
Measuring and reporting financial performance 4
Accounting for limited companies (1) 5
Accounting for limited companies (2) 6
Measuring and reporting cash flows 7
Analysing and interpreting financial statements 8
Reporting the financial results of groups of companies 9
Expanding the annual financial report Appendix A Recording financial transactions
Appendix B Glossary of key terms Appendix C Solutions to self-assessment questions Appendix D Solutions to selected exercises
Brief Description:
Gives an introduction to accounting, and presents the background and the underlying principles and concepts.
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