Business Accounting Volume 2 8th Ed.

Description: Volume 2 of this popular textbook, extensively revised by Alan Sangster, completes the financial accounting coverage of syllabuses of the various examining bodies and in this eighth edition includes basic cost and management accounting in four new Parts: 6, 7, 8 and 9. This edition maintains the traditional strengths of Business Accounting 2: comprehensiveness, clarity of expression, a large number of worked examples, questions and answers, and the structured build-up of knowledge in short, easily manageable chapters. A selection of recent questions from examining boards and professional bodies has been included.


Contents: Part 1. SPECIAL ACCOUNTS 1. Branch accounts 2. Hire purchase accounts 3. Container accounts Part 2. COMPANIES 4. Limited companies: general background 5. The issue of shares and debentures 6. Companies purchasing and redeeming their own shares and debentures 7. Limited companies taking over other businesses 8. Taxation in company financial statements 9. Provisions, reserves and liabilities 10. The increase and reduction of the share capital of limited companies 11. Accounting Standards and related documents 12. The final accounts of limited companies: profit and loss accounts, related statements and notes 13. The final accounts of limited companies: balance sheets 14. Published accounts of limited companies: accompanying notes 15. FRS 1: Cash flow statements 16. Contract accounts 17. Value added statements 18. Investment accounts Part 3. GROUPS 19. Group accounts: an introduction 20. Consolidation of balance sheets: basic mechanics I 21. Consolidation of balance sheets: basic mechanics II 22. Inter-company dealings: indebtedness and unrealised profit in stocks 23. Consolidated financial statements: acquisition of shares in subsidiaries at different dates 24. Intra-group dividends 25. Consolidated balance sheets: sundry matters 26. Consolidation of the accounts of a vertical group of companies. 27. Consolidated profit and loss accounts. 28. Consolidated financial statements - FRS 6: Acquisitions and mergers 29. Standards covering subsidiary and associated undertakings Part 4. FINANCIAL ANALYSIS 30. Accounting ratios: a further view 31. Interpretation of financial statements Part 5. ISSUES IN FINANCIAL REPORTING 32. Accounting theory 33. Alternatives to historic cost accounting 34. Social accounting 35. Accounting as an information system Part 6. COSTING 36. Elements of costing 37. Absorption and marginal costing 38. Job and process costing Part 7. BUDGETS 39. Budgeting and budgetary control 40. Cash budgets 41. Co-ordination of budgets Part 8. STANDARD COSTING AND VARIANCE ANALYSIS 42. Standard costing 43. Material and labour variances 44. Overhead and sales variances Part 9. PLANNING, CONTROL AND DECISION MAKING 45. Break-even analysis 46. Discounting techniques Appendix I. Examination techniques Appendix II. Interest tables Appendix III .Answers to review questions