Accounting for Non-Accountants

Understand the fundamentals of accounting and finance with this layman's guide to annual accounts, management accounting and financial management.

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Accounting for Non-Accountants provides the perfect introduction to the basics of accounting and finance. Designed for non-specialists with little or no background in accounting, it guides readers through the maze of financial terms and accounting concepts and techniques in a clear and easy-to-follow style.

Now in its 11th edition, Accounting for Non-Accountants includes information on the UK GAAP accounting standards as well as an overview of current international standards, and updates including a new chapter on how competition, the financial markets and government economic policy can influence organizations. The book is structured clearly to provide in-depth understanding in three key areas: annual accounts (including income statements, balance sheets, cash flow and reporting standards); management accounting (costing, marginal costing and budgetary controls); and financial management (including the cost of capital, working capital, investment appraisal and performance analysis).

With updated online resources, including additional review questions for each chapter and a multiple choice question section, Accounting for Non-Accountants is ideal for beginners and provides an excellent grounding for those taking accountancy qualifications.