The Meaning of Company Accounts / Edition 8

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The Meaning of Company Accounts first appeared in 1971 and quickly achieved recognition among managers, financial and non-financial alike. It is now seen as the standard text in the subject. It aims to help anyone using company accounts to gain a firm grasp of what they mean and how they relate to business activities. This new eighth edition has been thoroughly updated to ensure that examples and appendix materials are relevant to the new accounting standards.

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Editorial Reviews

From the Publisher
...this excellent workbook will be of use to company executives having no training in accounting. It will also provide excellent support for anyone undertaking formal study in accounting.' Economic Outlook and Business Review (Sept 05) Reviews from seventh edition:

'The text flows naturally and questions are dropped in tactfully, so that you gently find yourself becoming more perceptive (answers are on the same page or next, so no fumbling to the back of the book to find them)...Anyone who enjoys accounts will find this book irresistible.' Accounting Technician

'This latest edition of a very relevant and useful book is most welcome...The text is well structured and logical in its development of the subject. Any study of the meaning of company accounts is generally an arduous and time-consuming task but this book achieves a right balance between basic and detailed material and also between the practical and theoretical aspects of the subject ...A decidedly "user-friendly" text well worth a place in any company library or on the book shelf of any student.' Company Accountant

'...this is a readable, user-friendly book which, with its workbook approach, would benefit financial and non-financial managers and readers unfamiliar with financial issues.' Chartered Secretary

Reid (accounting and finance control, London Business School) and Myddelton (finance and accounting, Cranfield School of Management) use a workbook approach to introduce the concept of company accounts and explain their relation to business activities. Chapters discuss topics like capital structure, analyzing performance, financial and stock market ratios, recording business transactions, measuring profit or loss, valuing stock, fixed assets and depreciation, company taxation, cash flow statements, group accounts, international accounting, inflation accounting, and interpreting company accounts. Annotation c. Book News, Inc., Portland, OR (
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Product Details

  • ISBN-13: 9780566086601
  • Publisher: Ashgate Publishing, Limited
  • Publication date: 5/30/2005
  • Edition number: 8
  • Pages: 310
  • Product dimensions: 11.68 (w) x 8.28 (h) x 0.69 (d)

Table of Contents

Background and structure; Analyzing performance; Financial and stock market ratios; Recording business transactions; Measuring profit or loss; Valuing stock; Fixed assets and depreciation; Capital structure; Group accounts; Company taxation; Cash flow statements; International accounting; Inflation accounting; Interpreting company accounts; Appendices; Solutions; Index.

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