Preface
Part 1 Corporate Reporting: Annual Report and Accounts
- Users needs for information
- What influences the annual report?
- The accounting equation: a systematic approach to financial reporting
- Financial statements from the accounting equation
- Ensuring the quality of financial statements
Part 2 Reading and interpreting company reports
- Published financial statements
- Ratio analysis
- Ratios worked example
Part 3 Reporting the transactions of a business
- Accounting information for service businesses
- Accounting information for trading businesses
Part 4 Recognition in financial statements
- Non-current (fixed) assets
- Current assets
- Current liabilities
- Provisions and non-current (long-term) liabilities
- Ownership interest
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
- 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
I Information extracted from annual report of Safe and Sure Group plc, used throughout Financial Accounting
II Solutions to numerical and technical questions in Financial Accounting
III Solutions to numerical and technical questions in Management Accounting
Index
Publisher's acknowledgements