An Introduction to Business Accounting for Managers

W. C. F. Hartley

• Publisher: Pergamon
• Year: 2014
• Print ISBN:
  9780080240626
• Edition: 3
• eBook ISBN:
  9781483136646
• Topic: Business
• Subtopic: Financial Accounting
• Index: Business

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. This book is comprised of 17 chapters and begins with a discussion on the use and abuse of accounting, with emphasis on financial accounting and cost accounting, management's use of accounting, and the reliability of accounting service. The reader is then introduced to the principles of bookkeeping, marginal costing, and corporate taxation; accounting concepts and accounting standards; preparation of balance sheet and ascertainment of a company's profit or loss and financial position; and annual accounts of a limited company. A comparison of profit and cash flow is also presented, and the use of accounting as an aid to management planning and control is explained. This monograph will be a valuable resource for accountants and business and financial managers.

Table of contents

• Front Cover
• An Introduction To business Accounting for Managers
• Copyright Page
• Table of Contents
• Dedication
• Preface to the Third Edition
• Preface to the Second Edition
• Preface to the First Edition
• Chapter 1 Use and Abuse of Accounting
• Chapter 2 Development and Principles of Book-keeping
• Chapter 3 Ascertainment of Profit or Loss and Financial Position
• Chapter 4 Accounting Concepts and Accounting Standards
• Chapter 5 The Limited Company
• Chapter 6 Annual Accounts of a Limited Company
• Chapter 7 Value Added
• Chapter 8 Profit vs. Cash Flow
• Chapter 9 Impact of Inflation on Accounting Information
• Chapter 10 Published Financial Information
• Chapter 11 Interpretation of Annual Accounts
• Chapter 12 Structured Use of Financial Ratios
• Chapter 13 Principles of Absorption Cost Accounting
• Chapter 14 Principles of Marginal Costing
• Chapter 15 Accounting as an Aid to Management Planning and Control
• Chapter 16 Data Processing
• Chapter 17 Principles of Corporate Taxation
• Appendix A: Summary of Provisions of Companies Acts 1948 and 1981 re Disclosure in Published Accounts of Limited Companies
• Appendix B: Extracts from the Published Accounts Booklet of Typical Products Ltd.
• Appendix C: Extracts from the Published Accounts Booklet of John Waddington Ltd. for the year ended 2nd April 1978
• Index