Screen LibraryAn introduction to business accounting for managers /
An Introduction to Business Accounting for Managers, Third Edition reviews developments in the business accounting arena, including the crystallization of accounting thought on how to deal with escalating rates of inflation, culminating in the proposals for Current Cost Accounting; the acute cash cr...
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| Main Authors: | |
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| Corporate Authors: | |
| Published: |
Pergamon Press,
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| Publisher Address: | Oxford ; New York : |
| Publication Dates: | 1980. |
| Literature type: | eBook |
| Language: | English |
| Edition: | 3rd edition. |
| Series: |
Pergamon international library of science, technology, engineering, and social studies
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| Subjects: | |
| Online Access: |
http://www.sciencedirect.com/science/book/9780080240626 |
| Summary: |
An Introduction to Business Accounting for Managers, Third Edition reviews developments in the business accounting arena, including the crystallization of accounting thought on how to deal with escalating rates of inflation, culminating in the proposals for Current Cost Accounting; the acute cash crisis, itself an offshoot of inflation, faced by many companies in the mid-1970s leading to a greater need for awareness and control of cash flow; the specter of several major company collapses and scandals leading to a growing demand for accounting standards; and the growing use of value added within accounting and reporting systems. |
| Carrier Form: | 1 online resource (xiv, 221 pages) : illustrations. |
| ISBN: |
9781483136646 1483136647 |
| Index Number: | HF5635 |
| CLC: | F23 |
| Contents: |
Front Cover; An Introduction To business Accounting for Managers; Copyright Page; Dedication; Table of Contents; Preface to the Third Edition; Preface to the Second Edition; Preface to the First Edition; Chapter 1 Use and Abuse of Accounting; The Profit Motive; Twin Fields of Accounting; Financial Accounting; Cost Accounting; Management's Use of Accounting; Accounting: a Service with Limitations; The Reliability of the Accounting Service; Chapter 2 Development and Principles of Book-keeping; Brief History of Accounting; Double-entry Book-keeping; The Account; Cash and Credit Transactions. Classification of AccountsBooks of Account; Balance on an Account; Balancing the Books; Chapter 3 Ascertainment of Profit or Loss and Financial Position; Cost of Goods Sold; Relevance of Income and Expenditure; Profit and Loss Account; Capital Account; Profit Belongs to the Owner; Balance Sheet; Preparation of Balance Sheet; Balance sheet Groupings; Fundamental Observations on the Balance Sheet; Relationship of Balance Sheet with Profit and Loss Account; Accounting Period; Chapter 4 Accounting Concepts and Accounting Standards; What is Profit?; Accounting Concepts; Accounting Conventions. Capital and Revenue ExpenditureDepreciation of Fixed Assets; Methods of Depreciation; Valuation of Current Assets; Goodwill; Valuation of Goodwill; Balance Sheet Story; Scope for Opinion; Accounting Standards; Chapter 5 The Limited Company; Legal Status; Memorandum and Articles of Association; Public and Private Companies; Share Capital; Classes of Share; Preference Shares; Ordinary Shares; Debentures; Board of Directors; Chapter 6 Annual Accounts of a Limited Company; Treatment of Capital; Treatment of Profit; Appropriation to Reserve; Dividends; Tax Appropriation; Specimen Annual Accounts. Vertical PresentationChapter 7 Value Added; What is Value Added?; Significance for National Economy; Significance for Productivity Measurement; Use Within Incentive Schemes; Significance in Financial Reporting; Practical Problems; Chapter 8 Profit vs. Cash Flow; Profit is an Opinion . . .; ... But Cash Flow is a Fact; Profit vs. Cash; Measurement of Cash Flow; Cash Flow from Operations; Statement of Source and Application of Funds; Chapter 9 Impact of Inflation on Accounting Information; Impact of Inflation on Profit; Impact of Inflation on Cash Flow; Rate of Inflation. Inflation and Financial PerformanceMonetary Items; History of Accounting for Inflation; Current Cost Accounting (CCA); Where Are We Now?; Chapter 10 Published Financial Information; Legal Requirements; Other Pressures; The Corporate Report; The Published Report and Accounts Booklet; Consolidated Accounts; Consolidated Accounts with Minority Interests; Presentation of Financial Information to Employees; Chapter 11 Interpretation of Annual Accounts; First Principles; Points of View; Non-financial Considerations; What to Look For; Principles of Profitability Analysis; Profitability Ratios. |