The Origins of Modern Accounting *Accounting Profit; The Basic Issues *Accounting Profit: Application and Implications *The Generation and Recording of Financial Data *Introduction to Computerised Accounting *Measuring Profit: Different Assumptions, Different Conclusions *Financial Reporting: Approaches to Regulation *Financial Reporting: The UK and the European Union *Financial Reporting: Group Activities *Financial Reporting: Multinational Enterprises *Financial Reporting: Funds and Cashflow Statements *Financial Reporting: The Effect of Inflation *Financial Reporting: Detailed Issues *Interpreting Company Accounts *Forecasting Company Failure *Accounting with Organisations *Pricing and Output Decisions *Accounting Planning and Control Systems *Accounting, Organisations and Behaviour *Strategic Management Accounting and the Capital Budgeting Decision *Divisional Performance and Transfer PricingIndex.

This textbook, suitable for courses with a European orientation, has been updated to include recent accounting standards. Each chapter includes short questions for students' self-testing and worked examples are used throughout to clarify issues. Questions are also provided in the text.