Understand Accounting!: An Easy Way to Develop Flexible Business Plans - Couverture souple

Derek Stone BA FCA

Couverture souple

ISBN 10 : 1900336006 ISBN 13 : 9781900336000

Editeur : In Your Own Words Ltd

Synopsis

Join Andrew as he learns a simple way to prepare flexible five year plans for his new business venture. See how easy financial planning can be, with the balance sheets, profit & loss account and predicted cash flow all clearly shown, linked together on just one spreadsheet. Then see how ratios help him assess his business s financial health and performance. Oh, and by the way, learn how simple accounting really is whilst doing this! Indeed, it is as easy as 1 = 1 Using this approach, all of a companys transactions are recorded on a spreadsheet. Beginning with the opening balance sheet as the first row, you enter each of your planned transactions line by line as you work through the book. Every line balances and, if one of the entries is in the cash flow or profit and loss columns you progressively build these reports up as you go along. Finally, when you add up the columns you produce your closing balance sheet! By returning to these basic principles you will find that getting to grips with the subject is easy - and can even be fun! Chapter titles - The Language of Business - The Separate Business Entity - The Transaction Equation - The Worksheet Overview and the Profit and Loss Story - The Cash Flow Story - The Balance Sheet Story - Cost Behaviour and Break-Even Analysis - Modelling the future - A Matter of Interpretation - A Little Bit of History, how the double entry system evolved - Glossary of Terms - A Few Transatlantic Equivalent Terms

A propos du livre

À propos de l?auteur

Derek was Senior Tutor in Accounting at the London Business School for over twenty years where he taught on both the MBA programme and on the many management seminars. He is particularly interested in making the subject easy to master - hence the novel approach of this book! Before joining LBS Derek spent three years at the Stanford Business School. His interests there were largely in the behavioural area as knowledge of how managers respond to control systems aids in the design of more effective ones.

Détails de l'édition

• Éditeur: In Your Own Words Ltd
• Langue: anglais
• ISBN 10: 1900336006
• ISBN 13: 9781900336000
• Reliure: Broché
• Numéro d'édition: 2
• Nombre de pages: 216
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible