Description
Book SynopsisThe fourth edition of
Accounting: Understanding and Practice by Danny Leiwy and Robert Perks has been fully revised throughout and updated in accordance with the International Financial Reporting Standards. Ample practice illustrations and examples help present the subject in relation to a business world to which readers can easily relate.
Table of ContentsPart 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
