Description

Business Accounting and Finance,  is a clear, comprehensive and engaging text that is essential reading for anyone studying accounting and finance. Carefully structured to reflect the topics covered in most one or two semester modules, the book comprises two parts: Financial Accounting and Financial Management.

Features

• Up-To-Date Topic Coverage
This book is fully up-to-date with regard to IFRS and IAS reporting requirements, and includes integrated coverage of contemporary accounting and financial issues and topics of growing importance, including a chapter on corporate governance and sustainability reporting.

• Worked Examples and Progress Checks
Comprehensive step-by-step Worked Examples and Progress Checks with Illustrative Charts and Diagrams are provided throughout every chapter to provide frequent reinforcement and facilitate effective learning.

• Press Extracts
The inclusion of contemporary Press Extracts offer insights into real-life business scenarios that highlight the practical application and relevance of topics across a range of companies including Amazon, Liverpool FC, Marks & Spencer, Nokia, Apple, and Ryanair.

 • Annual Report and Accounts
The most recent annual report and accounts of Johnson Matthey, a leading UK plc, are used to illustrate the techniques of financial analysis and trend analysis.

• Case Studies and End-of-Chapter Exercises
The book includes a large range of End-of-Chapter Exercises and Solutions, Questions, and Discussion Points, and six major Case Studies, which provide the opportunity to apply and develop the techniques, analytical skills and judgment acquired from working through each chapter.

 

Table of Contents

Features
Preface
Guided Tour of the book
Acknowledgements

Part I               Financial Accounting
Chapter 1         The importance of accounting and finance
Chapter 2         Classifying and recording financial transactions
Chapter 3         Balance sheet
Chapter 4         Income statement
Chapter 5         Statement of cash flows
Chapter 6         Corporate governance
Chapter 7         Financial statements analysis
Chapter 8         Annual report and accounts
                        Case Study I
                        Case Study II

Part II            Financial Management
Chapter 9         The nature of costs
Chapter 10       Managing costs
                        Case Study III
Chapter 11       Relevant costs, marginal costs, and decision-making
Chapter 12       Short-term planning – the operating budget
Chapter 13       The control budget and variance analysis
                        Case Study IV
Chapter 14       Financing the business, and the cost of capital
Chapter 15       Investment appraisal and the capital budget
                        Case Study V
Chapter 16       Working capital management
                        Case Study VI
Appendices
Appendix  1     Present value tables
Appendix  2     IFRSs and IASs
Appendix  3     Solutions to selected exercises

Glossary of key terms

Index

 

Back Cover

Reviewers’comments '…the writing style is clear, easy to understand and practical.'

'It is bang up to date...the text is alive, relevant and interesting.'

 

Business Accounting and Finance is topical, up to date and a must read for anyone studying accounting and finance on undergraduate, MBA, and professional examination courses.

This acclaimed textbook introduces the core principles of accounting and finance in a comprehensive, engaging and practical ‘toolkit’ of concepts and techniques. It has been carefully structured to reflect the topics covered in most one and two semester modules, and also to facilitate self study. With its user-friendly approach, the text leads readers logically and clearly through the principles and techniques of financial accounting,management accounting, and business finance, and provides a flexible study tool for students and lecturers. This toolkit is applied in the broader business context to illustrate how financial statements and accounting information can be used to analyse business performance and improve management decision-making.

 

Key features

• Up-To-Date Topic Coverage - This book is fully up to date with regard to IFRS and IAS reporting requirements, and includes integrated coverage of contemporary accounting and financial issues and topics of growing importance, including a chapter on corporate governance and sustainability reporting.
• Worked Examples and Progress Checks - Comprehensive step-by-step Worked Examples and Progress Checkswith Illustrative Charts and Diagrams are included throughout every chapter to provide frequent reinforcement and facilitate effective learning.
• Press Extracts - The inclusion of contemporary Press Extracts offers an insight into real-life business scenarios that highlight the practical application and relevance of topics across a range of companiesincluding Amazon, Liverpool FC, Marks & Spencer, Nokia, Apple, and Ryanair. 
• Annual Report and Accounts - The most recent annual report and accounts of Johnson Matthey, a leading UK plc, are used to illustrate the techniques of financial analysis and trend analysis.
• Case Studies and End-of-Chapter Exercises - The book includes a large range of End-of-Chapter Exercisesand Solutions, Questions, and Discussion Points, and six major Case Studies, which provide the opportunity to apply and develop the techniques, analytical skills and judgement acquired from working through each chapter.

 Tony Davies  FCMA MBA MCMI heads up Lucis Consulting, an international business and financial consultancy and training provider, and formerly lectured on finance and accounting at Bangor Business School, University of Wales.

Ian Crawford CPFA is a lecturer in accounting and finance at the University of Bath.

 

Visit the companion website at www.pearsoned.co.uk/daviestony to access an extensive range of additional resources, including further case studies and chapter-end exercises, self-test multiple-choice questions, glossary flashcards, useful weblinks and an author Q&A. 

 

For instructors, a comprehensive suite of resources is available online, including an instructor's manual with all chapter-end exercises solutions, additional exercises with model solutions, additional case studies and debriefs, and PowerPoint presentations featuring all the book illustrations. 

Author

Tony Davies  FCMA MBA MCMI heads up Lucis Consulting, an international business and financial consultancy and training provider, and formerly lectured on finance and accounting at Bangor Business School, University of Wales.

Ian Crawford CPFA is a lecturer in accounting and finance at the University of Bath.