Accounting for Non-accountants : A Manual for Managers and Students (5th ed)

Praise and reviews: "useful for managers with no prior knowledge of finance" - "Acca Student's Newsletter." "A very user friendly introduction... recommended for those who need a non-technical overview." - "Professional Manager." This fully revised and updated edition of a long-established practical handbook takes the reader through accounting and financial techniques in an easy-to-follow, progressive way.

In this new, easy-to-read format, recent and developed concepts are introduced in a non-specialist context, intended to aid non-financial students as well as managers who need to know about finance and accounting in any business organization.

Throughout the book, the author uses examples and self-check questions to test the reader's ongoing understanding. The three sections of the book explore: the annual accounts - profit and loss accounts, balance sheets, accounting ratios, cash flow, inflation accounting, value-added statements and the latest Financial Reporting Standards; management accounting - costing, cost-based pricing, marginal costing, standard costing and budgetary control; financial management - cost of capital, capital investment appraisal, control of working capital, share values, take-overs and management buy-outs, taxation and overseas transactions. "Accounting for Non-Accountants" is already widely used as an introductory text for business and management students on a variety of courses, including marketing and technical degrees, and particularly by those studying for a Diploma in Management Studies or the Certified Diploma in Accounting and Finance.