Format:
1 online resource (336 pages)
Edition:
1st ed.
ISBN:
9781138733268
,
9781000160703
Content:
This title was first published in 2000: The authors' workbook approach provides a treatment of financial accounting practice which readers at differing levels of knowledge can tailor individually to their learning requirements. There is an appendix of photocopiable formats including financial rations and segment analysis
Note:
Cover -- Half Title -- Title Page -- Copyright Page -- Table of Contents -- Preface -- The Authors -- Acknowledgements -- Section 1: Background and Structure -- Development of accounting -- The accounting task -- Fundamental accounting concepts -- 'A true and fair view' -- The accounting model -- Profit and loss account and balance sheet -- Profit and loss account classification -- Balance sheet classification -- Cash flow statement -- Disclosure in annual reports -- Modern requirements -- Auditors' report -- Summary -- Problems -- Section 2: Analysing Performance -- Introduction -- Overview -- Return on investment -- Pyramid of ratios -- Ratio calculation -- Performance ratios (profitability) -- Performance ratios (asset turnover) -- Standards for analysis -- Comparing different companies' results -- The need for caution -- Different viewpoints -- Summary -- Problems -- Section 3: Financial and Stock Market Ratios -- Introduction -- Ratio calculation -- Financial status ratios -- Stock market ratios -- Debt: short-term or long-term? -- Summary -- Problems -- Section 4: Recording Business Transactions -- Basic transactions and company accounts -- Impact of individual transactions on accounts -- Balance sheet changes: columnar analysis -- Books of account: cash and ledger accounts -- The accounting records and double-entry bookkeeping -- Information flows -- Double-entry bookkeeping -- Stages in preparing published accounts -- Summary -- Problems -- Section 5: Measuring Profit or Loss -- Profit measurement -- Accrual accounting -- Measuring sales revenue (turnover) -- Treatment of expenditures -- Measuring 'revenue investments' -- More complex aspects of measuring profit -- Summary -- Problems -- Section 6: Valuing Stock -- Stock in accounts -- Trading stock -- Flow of goods assumptions -- Manufacturing stock -- Long-term contracts -- Summary
,
Accounting matters requiring special attention -- Financial analysis and economic reality -- Disclosure and accounting conventions -- Comparisons over time and between companies -- Analysis of Tesco's 1999 accounts -- Segment Analysis -- Summary -- Problem -- Appendices -- 1: Synonyms -- 2: Acronyms and abbreviations -- 3: UK and international accounting standards -- 4: Retail Prices Index -- A: Post-war series -- B: Annual averages 1960-1999 -- C. Annual rates of increase since 1960 -- 5: Companies Act 1985, Schedule 4 (abbreviated) -- General rules -- Balance sheet formats permitted -- Profit and loss account formats permitted -- 6: Bibliography -- 7: Analysis forms (to photocopy) -- Solutions: To the second group of problems at the end of each section -- Index
,
Problems -- Section 7: Fixed Assets and Depreciation -- Capital expenditure -- Presentation in published accounts -- Depreciation -- Useful life and residual value -- Methods of depreciation -- Varying depreciation charges -- Leasing fixed assets -- Revaluing fixed assets -- Summary -- Problems -- Section 8: Company Taxation -- Background -- Corporation tax rates -- Personal taxation -- Adjustments to accounting profits -- Deferred tax -- Accounting for tax -- Summary -- Problems -- Section 9: Capital Structure -- Capital employed -- Ordinary shareholders' funds -- Issues of ordinary shares -- Creditors due after one year -- Gearing -- Preference share capital -- Summary -- Problems -- Section 10: Cash Flow Statements -- Why profit and cash may differ -- Cash flow statements -- Alternative format -- Interpreting Tesco's cash flows -- Key aspects of cash flow -- Deriving a cash flow statement -- Summary -- Problems -- Section 11: Group Accounts -- Investments in equity -- Group accounts -- Inter-company transactions -- Acquisitions -- Goodwill and intangible assets -- Minority interests -- Mergers -- Non-consolidated subsidiaries -- Associates and joint ventures -- Summary -- Problems -- Section 12: International Accounting -- Background -- UK/US balance sheet formats -- Differences in UK/US accounting practices -- UK/US terminology -- UK/US versus other countries -- Multinationals -- Foreign currency translation -- Summary -- Problems -- Section 13: Inflation Accounting -- Background -- Problems with historical money cost accounts -- Two contrasting methods of 'inflation accounting' -- Measuring the rate of inflation -- Historical money cost accounting -- Constant purchasing power (CPP) accounting -- Current cost accounting (CCA) -- Summary -- Problems -- Section 14: Interpreting Company Accounts -- Introduction
Additional Edition:
Print version Reid, Walter The Meaning of Company Accounts Oxford : Taylor & Francis Group,c2019 ISBN 9781138733268
Language:
English
Keywords:
Electronic books
URL:
FULL
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