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Accounting in a Nutshell

Accounting for the non-specialist

  • 2nd Edition - February 22, 2006
  • Latest edition
  • Author: Janet Walker
  • Language: English

This book is designed primarily for middle and junior managers who deal with financial information without really understanding the content and for students who are studying… Read more

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Description

This book is designed primarily for middle and junior managers who deal with financial information without really understanding the content and for students who are studying accounting as a non-specialist subject, for example on a business studies or engineering course. The book will serve as a basic reference to be used throughout the course. It will also be particularly helpful in providing the basic grounding that is required before moving on to the more technical and in-depth study of the subject that may be required on some courses. Students who are embarking on a course of study to become a professional accountant will find this book of major benefit. The book covers the basic principles and techniques of both financial and management accounting, assuming that the reader has no prior knowledge of the subjexts. Written in a clear and concise style the book explains accounting principles and terminiology without the use of technical jargon. There are plenty of opportunities for readers to test their progress with regular review and self-test questions. The second edition includes new material throughout and the number of practical exercises and real-life examples has been expanded. This edition also reflects the requirement for all EU listed companies to comply with International Finacial Reporting Standards. Janet Walker is a Visiting Lecturer in the Faculty of Finance at Cass Business School. She also presents financial awareness courses for CIMA and for other organisations and presents financial awareness seminars in house for a whide varitey of companies.

Key features

* Clear and easy to read * Does not use jargon * Focuses on the principles and use of accounting information, rather than the technical detail * Provides material for self-testing with review questions throughout to assess progress at each stage * Many fully worked exercises and examples

Readership

Middle and junior managers and supervisory staff in any private sector organisation, whether profit making or not-for-profit.

Table of contents

Part 1: Introduction 1Part 2: Accounting Statements 71 Who Needs Accounting Statements? 92 The Profit and Loss Account (Income Statement)253 The Balance Sheet 434 Cash Flow Reporting 935 The Accounts of Not-for-profit Organisations 1296 Interpreting Financial Statements: Part 1 1457 Interpreting Financial Statements: Part 2 183Part 3 Using Financial Information to Manage a Business8 Management Accounting as an Aid to Management 2119 The Analysis of Cost 21710 Using Costs for Decision-making 24511 Budgetary Planning and Control 283 Glossary 311Index 325

Product details

  • Edition: 2
  • Latest edition
  • Published: March 23, 2006
  • Language: English

About the author

JW

Janet Walker

Janet Walker is a freelance lecturer and consultant, specialising in courses in Financial Awareness

Trained as a management accountant with Brooke Bond Oxo Limited, qualifying as a Chartered Management Accountant (FCMA) in 1981. After seven years in industry, joined Croydon College in 1982 as a Senior Lecturer in management accounting and financial management. Studied for MBA at City University Business School in 1987/88. Worked as a full-time author for BPP Publishing Limited for eighteen months from 1990, responsible for writing and technical editing of a range of accountancy and marketing texts and workbooks. Set up own business in 1991 as a freelance lecturer and consultant, specialising in presenting courses in Financial Awareness for a variety of clients, including the Chartered Institute of Management Accountants (CIMA), the Institute of Chartered Accountants in England and Wales (ICAEW), City University Business School, V & A Museum, Markel International, National Lottery Heritage Fund, ICL Systems Service, Norwich Union, Weetabix Limited and the General Dental Council. Also providing financial planning and marketing consultancy services to small businesses. Other books published are primarily through BPP Publishing as above, and a number of CIMA Study Systems through CIMA Publishing.

Affiliations and expertise
Independent lecturer and consultant