Now in its third edition, this popular introductory text is aimed at non-specialist students of accounting and finance taking their first module in the subject, within courses such as business studies and management. The new edition has been extensively revised to bring all the financial reporting aspects up-to-date and consistent with international financial reporting practice. New to this edition: all chapters updated to fully adhere to the latest international accounting standards; new chapter on working capital management; some restructuring and reordering of chapters to better fit modules; extends the coverage of corporate governance, auditing and Activity Based Costing; and, more Self-test Questions and Exercises per chapter. "Business Accounting and Finance" is ideally suitable for introductory accounting and finance modules taught on undergraduate business studies courses, around the world. It is also appropriate for use on MBA courses.
1. The role of accounting in business
SECTION 1: FINANCIAL ACCOUNTING AND REPORTING
2. The statement of financial position
3. The income statement
4. Applying accounting conventions
5. Depreciation and amortisation
6. The statement of cash flows
7. Financial reporting by limited companies
8. Understanding financial reports: trend analysis
9. Understanding financial reports: using accounting ratios
SECTION 2: MANAGEMENT ACCOUNTING
10. Management and cost accounting information
11. Costing: overview and basic techniques
12. Costing: accounting for overheads
13. Pricing
14. Marginal costing and decision making
15. Capital investment decisions
16. Budgets
17. Accounting for control
18. Performance measurement
SECTION 3: FINANCIAL MANAGEMENT
19. The management of working capital
20. Financing the business