If you read the 'business pages' of a newspaper or if you listen to the financial news on the television or radio, you will often hear terms such as 'liability', 'balance sheet' or 'earnings'. These terms turn up in non-financial contexts as well: 'he was more of a liability than an asset'. If you invest in shares, have a building society account, or sit on a committee of the property company which owns your apartment block, you will receive financial statements every year. If you are a manager in a company, a hospital or a school, you will see accounting information often. This Very Short Introduction provides a guide to understanding and using accounting information. Christopher Nobes explains the main areas of accounting work, from bookkeeping and financial reporting to auditing and management accounting. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.

Autorentext

Christopher Nobes is Professor of Accounting at Royal Holloway College, University of London. He is also Professor of Accounting at the University of Sydney and Adjunct Professor of Accounting at the Norwegian Business School. He has written several popular works in the area of Accounting including Pocket Accounting: The Essentials of Accounting from A to Z (4th ed Economist Books, 2001) and the Dictionary of Accounting (Penguin, 2002).

Inhalt

1 Introduction; 2 How accounting has developed internationally and over time; 3 The fundamentals of financial accounting; 4 Financial reports of listed companies; 5 International differences and international standardization; 6 Regulation and Audit; 7 Costs and volumes; 8 Budgets, standard costs and balanced scorecards; Appendix