Synopses & Reviews
Business Accounting, 2Ecovers financial and management accounting in an accessible, non-technical style that is particularly suitable for undergraduate students of business and finance and MBAs. The active learning approach seeks to convey the ability to understand and evaluate financial information for a range of business services.
The book has well developed pedagogical features with each chapter including learning objectives and activities within the text to illustrate the principles and introduce the next learning point. The text includes exam-style practice questions at the end of each chapter to test the learning outcomes.
Synopsis
Business Accounting covers financial and management accounting in an accessible, non-technical style that is particularly suitable for undergraduate students of business and finance and MBAs. The active learning approach seeks to convey the ability to understand and evaluate financial information for a range of business services.
The book has well developed pedagogical features with each chapter including learning objectives and activities within the text to illustrate the principles and introduce the next learning point. At the end of each chapter are exam-style practice questions to test the learning outcomes.
About the Author
JILL COLLIS is Director, Accounting and Auditing Research Center, Brunel University, UK. She has published several books on accounting and research methods and her writing reflects her experience as a mature student. She is a very active researcher and her recent publications include reports and articles relating to studies commissioned by the ICAEW, ACCA, DTI and Financial Reporting Council. She lectures in accounting worldwide.
ANDREW HOLT is Principal Lecturer in Accounting at Kingston University. He has previously held positions at Metropolitan State College of Denver and the University of Gloucestershire, UK.
ROGER HUSSEY is Dean of Guangzhou International Business School, China. After a career in industry, he became Director of Research into Employee Communications at St. Edmund Hall, Oxford University, UK, and later held a chair at the University of the West of England, Bristol. He has written many books and articles on accounting. His main research interests are international accounting and corporate governance.
Table of Contents
PART I: THE WORLD OF ACCOUNTING AND FINANCE
Introduction to Business Accounting
The Importance of Cash
PART II: FINANCIAL ACCOUNTING
The Accounting System
Regulatory Framework for Financial Reporting
Conceptual framework for Financial Reporting
Statement of Comprehensive Income
Statement of Financial Position
Consolidated Financial Statements
Analyzing Financial Statements
Ethics, Governance and Corporate Social Reporting
PART III: MANAGEMENT ACCOUNTING
The Importance of Cost Information
Costing for Product Direct Costs
Costing for Indirect Costs
Costing for Specific Orders and Continuous Operations
Activity-based Costing
Marginal Costing
Budgetary Control
Standard Costing
Capital Investment Control
Discounting Methods of Investment Appraisal
Issues in Management Accounting
Appendix: Present Value Table
Acronyms
Glossary of terms
Index