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Now in its fifth edition, this highly respected and popular text provides non-specialist accounting and finance students on business studies courses with an essential introduction to the role of accounting in a wider managerial setting.Completely updated to reflect recent changes in International Financial Reporting Standards (IFRS), Accounting in a Business Context is one of the most comprehensive texts available. The logical step-by-step approach introduces students to accounting initially by considering an accessible cash-based small business, then carefully builds layers of complexity (e.g. buying and selling on credit) to facilitate clear understanding.New to this Edition- Updated to reflect recent changes in International Financial Reporting Standards (IFRS)- New pedagogical features to aid learning, including "Learning Outcomes' and 'Activity' boxes - Increased use of real-life examples in the case studies - Use of more international companies in case studies and examples - Enhanced online support resources- Exciting new text design
List of contents
PART ONE: FINANCIAL ACCOUNTING
1 Introduction to Accounting
2 Wealth and the Measurement of Profit
3 The Measurement of Wealth
4 The Income Statement and the Cash Flow Statement
5 Introduction to the Worksheet
6 Inventory
7 Amounts Receivable and Amounts Payable
8 Non-Current Assets, Fixed Assets, and Depreciation
9 Financing and Business Structures
10 Cash Flow Statements
11 Final Accounts and Company Accounts
12 Financial Statement Analysis
PART TWO: MANAGEMENT ACCOUNTING
13 Internal Users and Internal Information
14 Planning and Control
15 Cost Behaviour and Cost-Volume-Profit Analysis
16 Accounting for Overheads and Product Costs
17 Accounting for Decision-Making: When There Are No Resource Constraints
18 Accounting for Decision-Making: Resource Constraints and Decisions Which Are Mutually Exclusive
19 Budgets
20 Investment Decisions
21 Management of Working Capital
About the author
Robin Jarvis wurde in Liverpool geboren und hat Grafikdesign an der Northumbria University studiert. Nach dem Studium zog er nach London, wo er als Modellbauer für das Fernsehen und die Unterhaltungsindustrie arbeitete. Mit dem Schreiben und Illustrieren von Büchern begann Robin Jarvis 1988. Er wurde in Großbritannien mit zahlreichen Preisen ausgezeichnet und hat bereits mehr als eine Million Bücher verkauft.
Summary
Provides non-specialist accounting and finance students on business studies courses with an introduction to the role of accounting in a managerial setting. This title reflects changes in International Financial Reporting Standards (IFRS).