Accounting and Finance for Business. (2013)

• Record Type: Book
• Other Names: Black, Geoff
• Contents: Cover; Contents; Preface; Guided tour; Acknowledgements; 1 The background to accounting; 1.1 Introduction; 1.2 What is accounting?; 1.3 Who uses accounting?; 1.4 Financial accounting and management accounting; 1.5 Accounting assumptions and characteristics; 1.5.1 Underlying Assumption 1: The accrual basis; 1.5.2 Underlying Assumption 2: Going concern; 1.5.3 Fundamental QC 1: Relevance; 1.5.4 Fundamental QC 2: Faithful representation; 1.5.5 Enhancing QC 1: Comparability; 1.5.6 Enhancing QC 2: Verifiability; 1.5.7 Enhancing QC 3: Timeliness; 1.5.8 Enhancing QC 4: Understandability 1.6 Assets, liabilities and equity1.6.1 Assets; 1.6.2 Liabilities; 1.6.3 Equity; 1.7 The accounting equation; 1.7.1 How does the value of equity change?; 1.8 Alternative terminology; 1.9 Summary; 1.10 Chapter glossary; 2 Processing financial data; 2.1 Introduction; 2.2 The dual aspect of transactions; 2.3 How the system works; 2.4 Checking the maths; 2.5 Optimising the system; 2.5.1 The cash book; 2.5.2 The petty cash book; 2.5.3 Analysed cash books and petty cash books; 2.5.4 Day books; 2.5.5 The journal; 2.6 Computerised accounting systems; 2.7 Summary; 2.8 Chapter glossary 3 Adjusting and summarising data3.1 Introduction; 3.2 Financial periods; 3.3 Accounting adjustments; 3.3.1 Inventory adjustments; 3.3.2 Accruals; 3.3.3 Prepayments; 3.3.4 Depreciation; 3.4 Basics of the financial summaries; 3.4.1 The income statement; 3.4.2 The statement of financial position; 3.5 Summary; 3.6 Chapter glossary; 4 The income statement and statement of financial position; 4.1 Introduction; 4.2 The income statement; 4.2.1 Format of the income statement; 4.2.2 Manufacturing businesses; 4.2.3 Trading businesses; 4.2.4 Service businesses 4.3 Income statements of partnerships and limited companies4.4 The statement of financial position; 4.5 Published income statements and statements of financial position; 4.6 Preparing the summaries from accounting data; 4.7 Summary; 4.8 Chapter glossary; 5 Further aspects of assets and liabilities; 5.1 Introduction; 5.2 Sales of non-current assets; 5.3 Inventory valuation; 5.3.1 The importance of the valuation; 5.3.2 FIFO and AVCO; 5.4 Bad and doubtful debts; 5.4.1 Bad debts; 5.4.2 Doubtful debts; 5.5 Current and non-current liabilities; 5.6 Summary; 5.7 Chapter glossary Revision of Chapters 1â#x80;#x93;56 Limited liability companies and other types of business organisation; 6.1 Introduction; 6.2 Sole proprietorships; 6.3 Partnerships; 6.3.1 Accounting requirements of partnerships; 6.3.2 Partnership accounts; 6.3.3 Partnership income statements; 6.3.4 Partnership statement of financial position; 6.3.5 Limited liability partnerships; 6.4 Limited liability companies; 6.4.1 Accounting specifically for limited companies; 6.4.2 Share capital and reserves; 6.4.3 Changes to share capital; 6.5 Sources of finance; 6.5.1 Long-term sources of finance: share sales
• Publisher Details: Place of publication not identified : Pearson
• Publication Date: 2013
• Extent: 1 online resource
• Subjects: 657; Accounting; Managerial accounting; Business enterprises -- Finance; Comptabilité de gestion; Accounting; Business enterprises -- Finance; Managerial accounting; Electronic books
• Languages: English
• ISBNs: 1299538657; 9781299538658; 9780273773962; 0273773968
• Related ISBNs: 9780273773948; 0273773941; 9780273789345; 0273789341
• Notes: Note: Print version record.
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.