Includes appendix and index.

Contents: Financial accounting: Part 1: A conceptual framework: setting the scene -- 1. Who needs accounting? -- 2. A systematic approach to financial equation -- 3. Financial statements from the accounting equation -- 4. Ensuring the quality of financial statements -- Part 2: Reporting the transactions of a business: 5. Accounting information for service businesses -- 6. Accounting information for trading businesses -- Part 3: Recognition in financial statements: 7. Published financial statements -- 8. Non-current (fixed) assets -- 9. Current assets -- 10. Current liabilities -- 11. Provisions and non-current (long-term) liabilities -- 12. Ownership interest -- Part 4: Analysis and issues in reporting: 13. Ratio analysis -- 14. Reporting corporate performance -- 15. Reporting cash flows -- Management accounting: Part 5: Setting the scene and defining the basic tools of management accounting: 16. Functions of management accounting -- 17. Classification of costs -- 18. Product costs: materials, labour and overheads -- Part 6: Job costs and stock valuation: 19. Job costing -- Part 7: Decision making: 20. Break-even analysis and short-term decision making -- Part 8: Planning and control: 21.Preparing a budget -- 22. Standard costs -- 23. Performance evaluation and feedback reporting -- Part 9: Capital investment appraisal and business strategy: 24. Capital investment appraisal -- 25. Business strategy and management accounting.