Accounting

PrefaceAcknowledgmentsPart One Financial Accounting and Reporting 1 The Business and Financial Environment 1.1 The Role of Accounting 1.2 The Balance Sheet 1.3 Revenue Accounts 1.4 The Funds Flow Statement 1.5 Value Added Statements 1.6 Concepts and Conventions 1.7 Analysis of Accounts 2 More on Balance Sheet Items 2.1 Fixed Assets: Types of Assets 2.2 Fixed Assets: Methods of Estimating Depreciation Expense 2.3 Current Assets: Stocks and Stock Control 2.4 Current Assets: Debtors and Debtors Control 2.5 Current Assets: Cash and Cash Control 2.6 Liabilities: Short and Long Term 3 Types of Business Organization and Their Accounts 3.1 Double Entry and Basic Records 3.2 The Sole Trader 3.3 Partnerships 3.4 The Limited Company 3.5 Valuation of a Business and Goodwill Part Two Growth and Failure 4 Expansion 4.1 Amalgamation and Absorption of Two or More Companies 4.2 Holding Companies, Group Accounts and Consolidated Balance Sheets 4.3 Inter-Company Transactions 4.4 Consolidated Profit and Loss Accounts 5 Decline and Failure 5.1 Capital Reduction 5.2 Capital Reconstruction or Reorganization Part Three Analysis of Income and Costs 6 More on Revenue Account Items 6.1 The Manufacturing Account 6.2 The Trading and Profit and Loss Account 6.3 Departmental Accounts 7 Special Forms of Accounts 7.1 Branch Accounts: Home Branches 7.2 Branch Accounts: Foreign Branches 7.3 Extended Credit, Hire Purchase and Leasing 7.4 Investment Accounts 7.5 Royalty Accounts 8 Taxation 8.1 The Sole Trader 8.2 The Partnership 8.3 Aspects of Company Taxation 8.4 Pay as you Earn (PAYE) 8.5 Value Added Tax (VAT) 8.6 Foreign Taxation Part Four Management Accounting 9 The Scope of Management Accounting 9.1 Cost Ascertainment: The Elements of Cost 9.2 Cost Ascertainment: Materials 9.3 Cost Ascertainment: Labor 9.4 Overheads: Classification and Collection 9.5 Absorbing Overhead Costs 10 Costing For Various Forms of Enterprise 10.1 Costing Methods: Specific Order Costing 10.2 Costing Methods: Average Costs, Process Costing and Service Industries 11 Cost Control: Costing Techniques 11.1 Costing Techniques: Absorption and Marginal Costing 11.2 Costing Techniques: Break-Even Analysis Cost/Volume Relationships 11.3 Costing Techniques: Budgetary Control - Master and Subsidary Budgets 11.4 Costing Techniques: Budgetary Control - Cash Flow 11.5 Cost Control: Standard Costs and Variance Analysis 11.6 Cost Control: Non-Manufacturing Costs 12 Costs for Decision Making 12.1 Marginal Costs 12.2 Incremental, Differential and Opportunity Costs 12.3 Investment Appraisal: Payback and Return on Capital Employed 12.4 Investment Appraisal: Discounted Cash Flow 12.5 Investment Appraisal: Risk Analysis and Other Factors Part Five Miscellaneous and Contemporary Issues 13 Accounting For Inflation 13.1 The Impact of Inflation upon a Business 13.2 Adjusting Accounts Based on Historic Cost 13.3 Development of Accounting Standards 13.4 The Present Position Regarding Published Accounts 13.5 Inflation and Management Accounting 14 Standard Accounting Practices 14.1 Statements of Standard Accounting Practice (SSAPs) - History 14.2 Statements of Standard Accounting Practice at Present in Use 14.3 European and International Standards 15 Published Company Accounts 15.