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The aim of this text is to explain the meaning and use ofthe principal accountancy statements,models and activitiesin business life.The word ‘statements’ includes balance sheets, profit andloss accounts, cash flow statements and budget reports.The word ‘models’is used to mean the exercises of costing,cash flow forecasting, capital expenditure appraising andother modelling which is essential for sound businessdecision making.The word ‘activities’covers the topics of accounting systemsand controls, record keeping (book keeping) and theoperation of the budget process.In summary all relevant aspects of business accounting arecovered....
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The finance and accounting desktop guide Accounting literacy for the non-financial manager
