The growth in the provision of education through open learning, coupled with increased pressures on teaching resources, has led to a greater emphasis on student-centred learning. Concurrently, the spread of modularization is giving students a broader choice of subjects to study beyond their major discipline, including elements of accounting and finance.
Conceived in response to this shift in approach and the growth of non-specialist classes, the text covers the principles of financial accounting, management accounting and financial management, emphasizing the application and interpretation of information for decision-making. Effective teaching and learning are facilitated through a variety of distinctive features; these are designed to encourage interaction and allow for flexible study and assessment; they have been expanded and improved in this second edition to include more integrated activities and self-assessment questions, all with answers; new end-of-chapter review questions; more end-of-chapter examination-style questions, now graded by their difficulty, with selected solutions; and new glossary of terms.
"synopsis" may belong to another edition of this title.
This book is an ideal introduction to accounting and finance for both managers and students.The book introduces accounting and finance, discusses how the financial status of an organization is measured; and then presents accounting for limited liability companies. Next, it introduces the measurement and reporting of cash flows, analysis and interpretation of financial statements; cost-volume-profit analysis; full costing; budgeting, and capital investment decisions. Extensive self-assessement and review questions are included, along with a detailed glossary.;This book will serve the needs of both business students and managers who specialize in areas other than accounting and finance.
Peter Atrill is Director of Accounting Studies at the University of Plymouth Business School.
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