Accounting for Non-Accountants

Accounting for Non-Accountants is an introduction to the basics of accounting and business finance that explores annual accounts, management accounting and financial management, including mergers, takeovers and buy-outs.

Accounting for Non-Accountants provides the perfect introduction to the basics of accounting and business finance. It gives you an easy-to-follow guide to accounting and financial techniques and terms. Fully revised to include information on the latest accounting standards and changes in taxation law, it introduces concepts in a way intended to aid non-financial students, as well as managers from organizations of all sizes. It is divided into three main sections: annual accounts, management accounting and financial management, and contains examples and questions to test your understanding.

Accounting for Non-Accountants is already widely used as an introductory text for business and management students on a variety of courses, and it remains essential reading for anyone wishing to truly understand accounting principles and practice.

The annual accounts: Financial reporting;

Financial recording;

The profit and loss account;

The balance sheet;

Cash flow statement;

Accounting for different business organisations;

Accounting for inflation;

Value added;

Financial ratios;

Other performance measures;

Management accounting:

Costing basics;

Costing and pricing;

Marginal costing;

Standard costing;

Budgetary control;

Financial Management: The cost of capital;

Capital investment appraisal;

Managing working capital;

Share values;

Mergers, takeovers and buy-outs;

Company taxation;

Overseas transactions.