Includes glossary and index

Contents: What is accounting? -- The statement of financial position -- The statement of comprehensive income -- Concepts and characteristics -- The double entry system -- Adjustments, including entries in ledger accounts -- Preparation of statement of comprehensive income and statement of financial position from trial balance and adjustments -- Accounts of limited companies and other organisations -- Group accounting - Statement of cash flows -- Regulatory framework, corporate social responsibility and corporate governance --Interpretation, including ration analysis and consideration of additional information required -- Valuation and performance management -- Control of accounting systems -- Information technology and accounting -- The finale --