Publisher's Synopsis
Chapter by chapter, the workings of finance are mapped out and laid bare - the formal reports, the methods used to prepare the numbers and what accountants actually do every day.
This fourth edition is fully updated to reflect current allowances, rates and regulations and further information. It also includes even more questions (with comprehensive answers) to challenge the reader's understanding.
Detailed explanations are provided in a clear, jargon-free style and backed up with lots of practical examples. Areas covered include:
- basic terminology
- accounting concepts and principles
- profit & loss accounts and cash flow management
- how accounts departments work
- corporate financial planning.
There is also a section on personal finance.