Business Accounting

Jill Collis was was Reader (Associate Professor) in Accounting at Brunel University London from 2010 to 2019, where she was the founding director of the Accounting and Auditing Research Centre. Jill’s research has contributed to the ‘think small first’ approach in UK company law and policy on better regulation to reduce burdens on smaller entities. Internationally, she is recognised as a leading scholar on the financial reporting and auditing needs of small and micro-companies. Andrew Holt is Principal Lecturer in Accounting at Kingston University. Previously he held positions at Metropolitan State College of Denver, USA and the University of Gloucestershire, UK. Roger Hussey is former Dean of the Odette School of Business, University of Windsor, Ontario, Canada and was previously Deloitte and Touche Professor in Financial Communications at Bristol Business School, University of the West of England, UK.

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.