Preface Part 1 Corporate Reporting: Annual Report and Accounts Users needs for informationWhat influences the annual report?The accounting equation: a systematic approach to financial reportingFinancial statements from the accounting equationEnsuring the quality of financial statementsPart 2 Reading and interpreting company reports Published financial statementsRatio analysisRatios – worked examplePart 3 Reporting the transactions of a business Accounting information for service businessesAccounting information for trading businessesPart 4 Recognition in financial statements Non-current (fixed) assetsCurrent assetsCurrent liabilitiesProvisions and non-current (long-term) liabilitiesOwnership interestPart 5 Setting the scene and defining the basic tools of management accounting Functions of management accountingClassification of costsProduct costs: materials, labour and overheadsPart 6 Job costs and stock valuation Job costingPart 7 Decision making Break-even analysis and short-term decision makingPart 8 Planning and control Preparing a budgetStandard costsPerformance evaluation and feedback reportingPart 9 Capital investment appraisal and business strategy Capital investment appraisalBusiness strategy and management accountingFinancial accounting terms definedManagement accounting terms definedAppendicesI Information extracted from annual report of Safe and Sure Group plc, used throughout Financial AccountingII Solutions to numerical and technical questions in Financial AccountingIII Solutions to numerical and technical questions in Management AccountingIndexPublisher's acknowledgements
