Accounting for Non-Accountants

This book

• Presents the basics of both financial and management accounting in an easy to follow format • Contains review questions in each chapter, with answers and workings where appropriate, to embed learning • New to this edition: fully updated with new content including reworked chapters on the current issues in accounting and economic issues that have an effect on accounting • Brings the reader up to date on UK GAAP accounting standards, International Financial

Reporting Standards (IFRS) and International

Accounting Standards (IAS) • Online resources: Over 200 additional review questions to support the book and a glossary of key terms

Description

Accounting has a reputation as a technical and jargon-heavy subject, but there is no reason why those without formal training cannot master the basics of interpreting accounts and making good decisions.

Accounting for Non-Accountants assumes no prior knowledge of the subject area and is designed to serve as an introductory text for managers and non-specialists who wish to gain an oversight of the accounting discipline. The book covers both financial and management accounting in sufficient detail to allow data to be interpreted but in a clear and accessible manner so the reader can quickly gain an understanding of the basic principles of the subject area.

Now in its 12th edition, Accounting for Non-Accountants has been fully updated to the latest regulatory requirements including the UK GAAP framework, International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS). The final chapter focuses on the impact of changes in the economic environment on businesses and there are introductions to areas including tax, transfer pricing and creative accounting. This practical guide includes review questions in each chapter, with answers and workings where appropriate, and is supported online by over 200 questions and a glossary to develop a firm understanding of all topics.

Author Information

David Horner has taught Accounting and related courses for over 25 years in the UK. He currently teaches at Birkdale school, Sheffield. He has written numerous textbooks aimed at students both for schools and university level. He has worked with AQA, a major examination board in the UK, for over 20 years. Edition: 12 Date: 03/05/2020 Price: £19.99 Paperback: 9781789664300 Ebook: 9781789664317 Pages: 392 Format (mm): 235x158 Product Category: Textbook/ Professional Subject: Accounting & Finance

Table of Contents

1 Financial Record Keeping 2 Income Statements 3 The Balance Sheet 4 Further Adjustments to the Income

Statement 5 Checking the Double-entry System 6 Accounting Concepts 7 Accounting for Other Business

Organisations 8 An Introduction to Business Costing 9 Marginal Costing and Decision Making 10 Standard Costing 11 Budgeting 12 Working Capital Management 13 Capital Investment Appraisal 14 An Introduction to Limited Companies 15 Published Accounts of the Limited

Company 16 Current Issues in Accounting 17 Statement of Cash Flows 18 Accounting Ratios 19 The Economic Environment