Preface ‭How to use this book ‭Acknowledgements ‭ 1 Introduction to accounting and finance ‭Part 1 Financial accounting ‭ 2 Measuring and reporting financial position ‭ 3 Measuring and reporting financial performance ‭ 4 Accounting for limited companies (1) ‭ 5 Accounting for limited companies (2) ‭‭ 6 Measuring and reporting cash flows ‭ 7 Analysing and interpreting financial statements ‭Part 2 Management accounting ‭ 8 Making management decisions ‭ 9 Cost–volume–profit analysis ‭ 10 Full costing ‭ 11 Costing and performance evaluation in a competitive environment ‭ 12 Budgeting ‭ 13 Accounting for control ‭Part 3 Financial management ‭ 14 Making capital investment decisions ‭ 15 Financing a business ‭ 16 Managing working capital ‭Part 4 Supplementary information ‭Appendix A Recording financial transactions ‭Appendix B Glossary of key terms ‭Appendix C Solutions to self-assessment questions ‭Appendix D Solutions to review questions ‭Appendix E Solutions to selected exercises ‭Appendix F Present value table ‭Index

“User friendly and comprehensive - an excellent introductory contextual text." Eileen Roddy, University of Salford Accounting and Finance: An Introduction, now in its ninth edition, contains all the information you need to start your business career. With its use of practical techniques and real-world examples, this best-selling text teaches you the basics of understanding and using financial information. This comprehensive guide covers financial accounting, management accounting and financial management in a single text, and provides you with the tools to make informed, successful business decisions. New to this Edition ·    Latest revisions to the IASB’s Conceptual framework and to the UK Corporate Governance Code ·    Expanded coverage of relevant costs for decision making ·    More activities throughout the text to encourage student interaction and to develop critical thinking. ·    New real world examples to illustrate accounting concepts and techniques ·    Expanded coverage of finance for smaller businesses Join over 10 million students benefiting from Pearson MyLabs This title can be supported by MyLab Accounting, an online homework and tutorial system designed to test and build your understanding. MyLab Accounting provides a personalised approach, with instant feedback and numerous additional resources to support your learning. ·    A personalised study plan ·    Usable either following chapter-by-chapter structure or by learning objective ·    Worked solutions showing you how to solve difficult problems ·    Limitless opportunities to practise Use the power of MyLab Accounting to accelerate your learning. You need both an access card and a course ID to access MyLab Accounting:  1. Is your lecturer using MyLab Accounting? Ask your lecturer for your course ID 2. Has an access card been included with the book? Check the inside back cover of the book. 3. If you have a course ID but no access card, go to http://www.pearson.com/mylab/accounting to buy access.  Eddie McLaney is an academic author who was formerly the Accounting Subject Group Leader and Principal Lecturer in Accounting and Finance at Plymouth Business School, Plymouth University.  Peter Atrill is a freelance academic and author who has worked with leading institutions in the UK, Europe and SE Asia. He was previously Head of Accounting and law at Plymouth Business School, Plymouth University.

·    Latest revisions to the IASB’s Conceptual framework and to the UK Corporate Governance Code ·    Expanded coverage of relevant costs for decision making ·    More activities throughout the text to encourage student interaction and to develop critical thinking. ·    New real world examples to illustrate accounting concepts and techniques ·    Expanded coverage of finance for smaller businesses