Includes index.

1. Introduction to Accounting 2. Financial Accounting Conventions 3. The Balance Sheet 4. The Profit and Loss Account 5. Recording Financial Transactions 6. Accounting for Fixed Assets and Depreciation 7. Accounting for Current Assets 8. Manufacturing Accounts 9. Division of the Ledger Errors and Controls 10. Incomplete Records 11. Clubs and Societies 12. Partnerships 13. Limited Companies 14. Published Company Accounts 15. Accounting Standards 16. Cashflow Statements 17. Reporting Financial Performance 18. Introduction to Group Accounts 19. Accounting Ratios 20. Accounting for Inflation 21. Answers to Exercises

This book is written with an emphasis on the meaning and purpose of accounting as much as the numerical content, matching the specification of many specialist, non-specialist and professional courses which take this approach. The book provides an excellent introduction to financial accounting and uses numerical content to illustrate key concepts and techniques.