Description
Book SynopsisGet a critical understanding of the ''why'' behind the ''what'' in Financial Management Accounting.
Financial & Management Accounting: An Introduction, 8th edition is a core textbook in the field, written by leading expert teacher in Accounting, Pauline Weetman.
An essential learning resource for undergraduates on Business Studies degrees, Accounting courses, or MBA students and professionals, this comprehensive introduction will provide the foundation you need for your course, presenting a more critical approach to the subject.
The eighth edition of the text retains all the features that have contributed to the book''s popularity: with its clear and accessible writing style, focus on the accounting equation, and extensive use of real-world case studies, the book aims to guide you through the ''why'' and not just the ''what'' of financial and management accounting.
Key features include:
- Definiti
Table of Contents
Contents in Brief Preface to the eighth edition Publisher s acknowledgements FINANCIAL ACCOUNTING Part 1 A conceptual framework: setting the scene
- Who needs accounting?
- A systematic approach to financial reporting: the accounting equation
- Financial statements from the accounting equation
- Ensuring the quality of financial statements
Part 2 Reporting the transactions of a business
- Accounting information for service businesses
- Accounting information for trading businesses
Part 3 Recognition in financial statements
- Published financial statements
- Non-current (fixed) assets
- Current assets
- Current liabilities
- Provisions and non-current (long-term) liabilities
- Ownership interest
Part 4 Analysis and issues in reporting
- Ratio analysis
- Reporting corporate performance
- Reporting cash flows
MANAGEMENT ACCOUNTING Part 5 Setting the scene and defining the basic tools of management accounting
- Functions of management accounting
- Classification of costs
- Product costs: materials, labour and overheads
Part 6 Job costs and stock valuation - Job costing
Part 7 Decision making - Break-even analysis and short-term decision making
Part 8 Planning and control
- Preparing a budget
- Standard costs
- Performance evaluation and feedback reporting
Part 9 Capital investment appraisal and business strategy
- Capital investment appraisal
- Business strategy and management accounting
Financial accounting terms defined Management accounting terms defined Appendices
- Information extracted from annual report of Safe and Sure Group plc, used throughout Financial Accounting
- Solutions to numerical and technical questions in Financial Accounting
- Solutions to numerical and technical questions in Management Accounting
Index
