Accounting for Non-Accountants

by David Horner

Overview

Accounting has a reputation as a technical and jargon-heavy subject, but there is no reason why those without formal training cannot master the basics of interpreting accounts and making good decisions.

Accounting for Non-Accountants assumes no prior knowledge of the subject area and is designed to serve as an introductory text for managers and non-specialists who wish to gain an oversight of the accounting discipline. The book covers both financial and management accounting in sufficient detail to allow data to be interpreted but in a clear and accessible manner so the reader can quickly gain an understanding of the basic principles of the subject area.

Now in its 12th edition, Accounting for Non-Accountants has been fully updated to the latest regulatory requirements including the UK GAAP framework, International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS). The final chapter focuses on the impact of changes in the economic environment on businesses and there are introductions to areas including tax, transfer pricing and creative accounting. This practical guide includes review questions in each chapter, with answers and workings where appropriate, and is supported online by over 200 questions and a glossary to develop a firm understanding of all topics.

Product Details

ISBN-13:	9781789664317
Publisher:	Kogan Page, Ltd.
Publication date:	05/03/2020
Sold by:	Barnes & Noble
Format:	eBook
Pages:	392
Sales rank:	862,575
File size:	5 MB

About the Author

David Horner has taught Accounting and related courses for over 25 years in the UK. He currently teaches at Birkdale school, Sheffield. He has written numerous textbooks aimed at students both for schools and university level. He has worked with AQA, a major examination board in the UK, for over 20 years.
After graduating from the University of Leicester in 1993, David Horner has taught a number of courses at Colchester Sixth Form College, including A Level courses in Accounting, Economics and Critical Thinking. He has also been a senior examiner for a major examining board since 2002. He is the author of a number of textbooks on accounting, economics and related areas - most recently Business Accounting Basics, co-authored with Frank Wood, published in 2010.

Table of Contents

• • Chapter - 01: Financial Record Keeping;
  • Chapter - 02: Income Statements;
  • Chapter - 03: The Balance Sheet;
  • Chapter - 04: Further Adjustments to the Income Statement;
  • Chapter - 05: Checking the Double-entry System;
  • Chapter - 06: Accounting Concepts;
  • Chapter - 07: Accounting for Other Business Organisations;
  • Chapter - 08: An Introduction to Business Costing;
  • Chapter - 09: Marginal Costing and Decision Making;
  • Chapter - 10: Standard Costing;
  • Chapter - 11: Budgeting;
  • Chapter - 12: Working Capital Management;
  • Chapter - 13: Capital Investment Appraisal;
  • Chapter - 14: An Introduction to Limited Companies;
  • Chapter - 15: Published Accounts of the Limited Company;
  • Chapter - 16: Current Issues in Accounting;
  • Chapter - 17: Statement of Cash Flows;
  • Chapter - 18: Accounting Ratios;
  • Chapter - 19: The Economic Environment

Editorial Reviews

[T]he definitive handbook for business professionals and managers who do not have a background in finance. …Numerous examples help clarify the guidelines, and review questions (with solutions!) ideal for self-teaching and hands-on practice help the reader practice what he or she has learned. Accounting for Non-Accountants is an absolute must-have for any small business owner who doesn't have their own accountant on staff, and highly recommended for everyone else who isn't a financial expert!

Midwest Book Review - Library Bookwatch

"This book provides an easy-to-understand essential guide for managers to learn key concepts and systems of financial accounting, management accounting, and corporate finance. With balanced coverage of practical applications of preparing financial statements, financial analysis and related questions and exercises, the book gives managers the necessary skills in understanding and using accounting information for decision-making in the real business world. I strongly recommend this book for anyone interested in Accounting and Finance."

Professor Aly Salama

"This is a useful and elaborate overview of the principles of financial accounting and management accounting. Well written, comprehensive volume. This textbook is very informative, the chapters are well organized, the learning goals are highlighted and illustrated in a straightforward and understandable fashion. The basic formulas, concepts and theories associated with managerial finance including solved examples are very well designed and presented."

Dr. Neveen Abdelrehim

"Managers seeking to improve analytical skills with new accounting and finance tools will find this handbook emphasizes learning through example, and teaches the basics of accounting from how to prepare a set of basic financial statements to interpreting profit, cash budgets, pricing strategies to suit different kinds of markets, and more. Each chapter is paired to course structures so the book can be used as a classroom text, and each melds theory with real-world business applications for maximum effect. It's rare to find a title suitable for self-study and classroom learning alike: this book fits the bill, on both."

Midwest Book Review

"This book has been a key resource in the preparation of lecture and seminar sessions, as it is well written and easy to comprehend. I highly recommend Accounting and Finance for Managers to those interested in understanding how accounting and finance informs business decision making by organisations, whether you are a student or manager within the business world. The illustrative examples provided facilitate a deeper understanding of the topic areas covered in each chapter, whether you have background in accounting and finance or are new to the subject."

Paul Brewster