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