About the Book - Contents

Preface
PART ONE: THE WORLD OF ACCOUNTING AND FINANCE
Nature and Purpose of Accounting
Accounting Principles and Rules
Importance of Cash
PART TWO: FINANCIAL ACCOUNTING
The Accounting System
The Trial Balance
Measuring Financial Performance
Measuring Financial Position
Financial Statements of a Sole Trader
Financial Statements of a Partnership
Financial Statements of a Limited Company
Analysing Financial Statements
PART THREE: MANAGEMENT ACCOUNTING
Importance of Cost Information
Costing for Product Direct Costs
Costing for Indirect Costs
Costing for Specific Orders and Continuous Operations
Activity-based Costing
Marginal Costing
Budgetary Control
Standard Costing
Capital Investment Appraisal
Discounted Cash Flow
Appendix: Present Value Table
Acronyms
Glossary
Index