| Description |
1 online resource (336 pages) |
| Series |
Routledge Revivals Ser |
|
Routledge Revivals Ser
|
| Contents |
Part 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 classification; balance sheet classification; cash flow statement; disclosure in annual reports; modern requirements; auditors' report; summary; problems. Part 2 Analyzing performance: introduction; overview; return on investment; pyramid of ratios; ratio calculation; performance ratios (profitability); performance ratios (asset turnover); standard for analysis; comparing different companies' results; the need for caution; different viewpoints; summary; problems. Part 3 Financial and stock market ratios: introduction; ratio calculation; financial status ratios; stock market ratios; debt -short-term or long-term?; summary; problems. Part 4 Recording business transactions: basic transactions and company accounts; impact of individual transactions on accounts; the accounting records and double-entry bookkeeping; stages in preparing published accounts; summary; problems. Part 5 Measuring profit and loss: profit measurement; accrual accounting; measuring sales revenue (turnover); treatment of expenditures; measuring "revenue investments"; more complex aspects of measuring profit; summary; problems. Part 6 Valuing stock: stock in accounts; trading stock; flow of goods assumptions; manufacturing stock; long-term contracts; summary; problems. Part 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. Part 8 Company taxation: background; corporation tax rates; personal taxation; adjustments to accounting profits; deferred tax; accounting for tax; summary; problems. Part 9 Capital structure: capital employed; ordinary shareholders' funds; issues of ordinary shares; creditors due after one year; gearing; preference share capital; summary; problems. Part 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. Part 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. Part 12 International accounting: background; UK/US balance sheet formats; differences in UK/US accounting practice; UK/US terminology; UK/US versus other countries; multinationals; foreign currency translation; summary; problems. Part 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 purch |
| Summary |
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 |
| Notes |
Print version record |
| Subject |
Financial statements.
|
|
Corporations -- Accounting.
|
|
Corporations -- Accounting
|
|
Financial statements
|
| Form |
Electronic book
|
| ISBN |
9781351740968 |
|
1351740962 |
|
9781000160703 |
|
100016070X |
|
9781351740951 |
|
1351740954 |
|
