Includes index.

Contents: The Nature and use of accounting statements -- Frameworks for financial reporting -- Form and content of company accounts -- Reporting fixed assets in company accounts -- Reporting other assets and liabilities in company accounts -- Group accounts -- Capital reduction, reorganization and reconstruction -- Share and business valuation -- Interpretation of accounts: traditional ratio analysis -- Interpretation of accounts: cash flow -- Business decision making: cost behaviour -- Business decision making: investment appraisal -- Forecasts and budgets -- Appendix A : Solutions to chapter-end questions -- Appendix B : Table of factors for the present value of 1 pound.