Accounting: A smart approach

An ideal companion to accountancy modules for business and management students, with a unique running case study throughout to help students visualize the practical applications of accountancy and demystify abstract concepts.

Engaging and lively, clear and practical, this is the most applied accounting book written specifically for business and management students.

Sam Smart is the budding entrepreneur on whom the case study at the heart of this book is based. Featured at the start of each chapter, we follow Sam as he goes from starting a small business, printing sports kits for local teams, to managing a global sports business. Throughout the course of the book he assesses the success of his business, finances activities, makes pricing decisions, opens new branches, looks at cash flow, and facilitates planning, control, and investment.

As we follow the case study, the core topics central to accounting are covered with clarity, imagination, and relevance, giving students the support they need to complete their course and exams with confidence. The wealth of additional examples and self-test exercises available alongside the case study enable students not only to develop an appreciation of how accounting information allows a manager to make key business decisions, but also to acquire the skills necessary to enable them to converse with accountants, and challenge their assumptions and methodologies.

This book is accompanied by the following online resources:

For Students:

• Multiple choice questions
• Additional practice questions with answers
• Flashcard glossary

• Tables from the text

  For Lecturers:

• Test bank
• PowerPoint slides
• Additional case studies with solutions
• Assessment guide

• Additional chapters

  Offers an excellent and straightforward introduction to the world of financial and management accounting.

  Autorentext

  Carey, Mary; Knowles, Cathy

  Inhalt

• Part One: Financial Accounting

• 1: The Cash Budget

• 2: Introduction to the Statement of Profit or Loss

• 3: Balancing the Basics

• 4: Accounting for Depreciation and Bad Debts

• 5: Company Finance

• 6: Company Accounts

• 7: The Statement of Cash Flows

• 8: Interpreting Financial Statements

• 9: Capital Structure and Investment Ratios

• Part Two: Management Accounting

• 10: Costs and Break-even Analysis

• 11: Absorption and Activity-based Costing

• 12: Budgeting

• 13: Pricing and Costs

• 14: Short-term Decision Making

• 15: Investment Appraisal Techniques

• 16: Measuring and Reporting Performance