This textbook provides an accessible introduction to accounting, giving a clear and concise overview of financial accounting, management accounting and financial management. Using international examples, cases and real...Show More
This textbook provides an accessible introduction to accounting, giving a clear and concise overview of financial accounting, management accounting and financial management. Using international examples, cases and real company data to contextualise the theory, the authors explain the key concepts in a logical fashion, providing students with a theoretical and practical foundation in the subject. In particular, the running case study helps students to keep applying new concepts to a familiar context. The main author, Jill Collis, is an experienced author who has a proven ability to simplify difficult topics and communicate them in a clear and engaging way.
This textbook has been developed specifically to provide a comprehensive introduction to accounting for anybody coming to the subject for the first time, either at undergraduate or postgraduate level.
- Gives a clear and concise overview of financial and management accounting, theory, techniques and history
- An innovative running case study throughout the text helps to reinforce the concepts more effectively by revisiting a familiar example
- An abundance of worked examples, exercises and practice questions gives students the opportunity to check their understanding throughout the text
- Resources for lecturers on the companion website include PowerPoint slides, progress tests, and answers to discussions and practice questions
- The important and contemporary topics of ethics, corporate governance and corporate social responsibility are given more prominence in this new edition
- A new chapter on the statement of cash flows has been added
- The number of questions in the book and online has been increased substantially to provide students with more opportunity to test their understanding and provide lecturers with more materials to perform assessments
Part I: The World of Accounting and Finance.- 1. Introduction to Business Accounting.- 2. The Importance of Cash.- Part II: Financial Accounting.- 3. The Accounting System.- 4. The Regulatory Framework for Financial Reporting.- 5. The Conceptual Framework for Financial Reporting.- 6. The Statement of Profit or Loss and Other Comprehensive Income.- 7. The Statement of Financial Position.- 8. The Statement of Cash Flows.- 9. Consolidated Financial Statements.- 10. Financial Statement Analysis.- 11. Corporate Governance, Stewardship, Social Responsibility and Integrated Reporting.- Part III: Management Accounting.- 12. The Importance of Cost Information.- 13. Costing for Product Direct Costs.- 14. Costing for Indirect Costs.- 15. Activity-based Costing.- 16. Marginal Costing.- 17. Budgetary Control.- 18. Standard Costing.- 19. Strategic Management Accounting.- 20. Environmental Management Accounting.- Part IV: Investment Appraisal.- 21. Payback Period and Accounting Rate of Return.- 22 Discounted Cash Flow Methods.- Appendix: Present value tables.- Glossary.- Index.
- Some interactive quizzes to test your knowledge are freely available; visit the companion website at www.macmillanihe.com/collis-BA3e/ or click through from under Further Actions above.
Resources for lecturers on the companion website include;
- Lecturer Resources (password protected) include;
- PowerPoint slides to support the teaching of each chapter
- Progress tests
- Answers to discussions and practice questions
A coherent, fluid, concise and well developed accounting book for both beginners in accounting and non-accounting students. The great thing about this book is that it is simply written and has a lot of examples, activities and revision questions along with innovative proposed topics for student dissertations for each chapter/topic covered. A fantastic book overall. – Ourania Dimitraki, University of Bedfordshire Business School, UK
We already use the previous edition of Business Accounting for both our business and social entrepreneurship students, and both groups of students are happy with the book. It’s very good to see that the new edition now includes a dedicated chapter on cash flow statements - we look forward to using this and the rest of the new text in our teaching. – Lone Samuelsson, Roskilde University, Denmark
This latest edition of Business Accounting covers all fundamental accounting principles and practices in the context of modern business. It offers a comprehensive list of management accounting topics, coupled with real-life examples, case studies and financial data. This textbook would be an ideal choice for those who teach business accounting for non-specialists at undergraduate or postgraduate level. – Ricky Li, Cardiff Metropolitan University, UK
ABOUT THE AUTHOR
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- Operations Management David Barnes
- Essential Operations Management Alex Hill, Terry Hill
- Business Strategy David Edgar, George Stonehouse
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