ISBN | Product | Product | Price CHF | Available | |
---|---|---|---|---|---|
Accounts Demystified |
9781292084848 Accounts Demystified |
25.80 |
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The bestselling and astonishingly simple guide to the fundamental principles of accounting, written specifically for those without a financial background.
Simple, easily absorbed and clearly explained, this book will guide you through all the major accounting concepts. You will learn how to master company accounts, understand balance sheets, profit and loss accounts and cash flow systems and how to analyse and monitor your company’s financial performance.
About the author
Preface
Acknowledgements
Prologue
Introduction
Part 1: The Basics of accounting
1 The balance sheet and the fundamental principle
Assets, liabilities and balance sheets
Sarah’s ‘personal’ balance sheet
The balance sheet of a company
The balance sheet chart
Summary
2 Creating a Balance Sheet
Procedure for creating a balance sheet
SBL’s balance sheet
The different forms of balance sheet
Basic concepts of accounting
Summary
3 The profit & loss account and cash flow statement
The profit & loss account
The cash flow statement
‘Definitive’ vs ‘descriptive statements
Summary
4 Creating the profit & loss account and cash flow statement
Creating the profit & loss account
Creating the cash flow statement
Summary
5 Accounting in practice
More essential concepts
Setting up your software
Accounting in a simple world
Accounting in the real world
“Proving” your balance sheet
Summary
Part 2: Interpretation and analysis of accounts
6 Wingate’s Annual Report
Different types of accounts
The reports
Assets
Liabilities
Shareholders’ equity
The P&L and cash flow statement
7 Financial Analysis: introduction
The ultimate goal
The two components of a company
The general approach to financial analysis
Wingate’s highlights
Summary
8 Analysis of the enterprise
Return on capital employed
The components of ROCE
Where do we go from here?
Expense ratios
Capital ratios
Summary
9 Analysis of the funding structure
The funding structure ratios
Lenders’ perspective
Gearing
Shareholders’ perspective
Liquidity
Summary
10 Valuation of companies
Book value vs market value
Valuation techniques
Summary
Part 3: Listed company accounts
11 Listed company accounts: introduction
Introduction
The primary statements
Terminology and jargon
Accounting standards
Fair value vs historical cost
Summary
12 Interpretation of Listco’s accounts
Intangible assets
Groups of companies
Accounting for subsidiaries
Accounting for associates and joint ventures
Property, plant and equipment
Capital / Funding
Equity
Debt
Financial instruments
Foreign currencies
Hedging
Pensions
Corporation tax
Share buybacks / Treasury shares
Share-based payments
Earnings per share
Conclusion
Glossary
Appendix 1: Wingate Foods’ accounts
Appendix 2: Listco’s accounts
Index
'Trust me - no other book makes the subject as simple and clear. ' Jamie Reeve, Chairman, The Great Little Trading Company
'It's like a fog has been lifted... I suddenly get it and I'm only at page ten.' Paul Sanett, Development Director, Europe and Africa, Hilton Worldwide
‘This is a great book – it does what it says on the can!’ John Bates, Adjunct Professor of Entrepreneurship, London Business School
Accounting is not as technical and complex as you may think and is actually based on very simple principles that anyone can understand. Once you know and understand these principles, you will be amazed at how easy it is.
With over 100,000 copies sold worldwide, and now fully updated, this bestselling book is for anyone including students, investors and company owners. In this simple, easy -to-absorb book, Anthony Rice guides you, step by step, through all the key accounting principles and concepts.
Quickly understand and master:
· profit & loss, balance sheet and cash flow statements and how they are connected;
· how to set about keeping your own accounts;
· how to analyse a company’s financial position and performance;
· the accounts of stock-exchange listed companies.
Additional free content, tools and support are available at www.accountsdemystified.com
Anthony Rice is not an accountant. He learned accounting the hard way – by keeping accounts for his own company. Having subsequently spent much of his time analysing companies, first as a strategy consultant and more recently when looking for businesses to buy, he has some valuable insights into financial analysis.