A comprehensive introduction to the basic principles and underlying concepts of financial and management accounting, as well as the core elements of financial management. This extremely student-friendly text is praised for its clear and uncluttered style, as well as its interactive and lively presentation. It has a clear focus on how accounting information can be used to improve the quality of decision making by managers. It adopts an appropriate level of detail for introductory courses avoiding too much emphasis on technical aspects.
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PrefaceGuided tour Acknowledgements 1. Introduction to accounting and finance PART ONE: FINANCIAL 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 PART TWO: MANAGEMENT ACCOUNTING 8. Relevant costs for decision making9. Cost-volume-profit analysis 10. Full costing 11. Managing in a competitive environment 12. Budgeting 13. Accounting for control PART THREE: FINANCIAL MANAGEMENT 14. Making capital investment decisions 15. Financing a business 16. Managing a working capital PART FOUR: SUPPLEMENTARY INFORMATION Appendix A Recording financial transactions Appendix B Glossary of key terms Appendix C Solutions to self-assessment questions Appendix D Solutions to selected exercises Appendix E Present value tableIndex
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