Accounting and Finance for Non-Specialists (12th Ed.)

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Language: English
Cover of the book Accounting and Finance for Non-Specialists

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528 p. · 19.5x26.5 cm · Paperback

Familiarise yourself with essential accounting and finance principles for business decision-making.

Connect your learning with relevant examples from real world businesses.

Accounting and Finance for Non-Specialists 12th Edition by Peter Atrill and Eddie McLaney is a highly accessible introduction to the subject. It equips you with a solid foundation in the principles and practice of accounting and finance, thereby laying the groundwork necessary to make successful business decisions in your future career.

Covering financial accounting, management accounting and financial management in a single text, you will discover what the major financial statements contain and why they are useful. You will also gain an appreciation of the key roles that accounting and finance play in business decision-making.

This easy-to-follow textbook examines widely-used accounting techniques, considers important international financial standards and contains a range of relevant, real-world examples, many of which are new to this edition. Activities and exercises frequently appear throughout the book and provide opportunities to engage with the issues raised.

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  1. Introduction to accounting and finance

PART ONE: FINANCIAL ACCOUNTING

  1. Measuring and reporting financial position 
  2. Measuring and reporting financial performance
  3. Accounting for limited companies
  4. Measuring and reporting cash flows
  5. Analysing and interpreting financial statements

PART TWO: MANAGEMENT ACCOUNTING

  1. The relevance and behaviour of costs 
  2. Full costing
  3. Budgeting

PART THREE: FINANCE

  1. Making capital investment decisions
  2. Financing a business
  3. Managing working capital

Appendix A: Glossary of key terms

Appendix B: Solutions to self-assessment questions

Appendix C: Solutions to critical review questions

Appendix D: Solutions to selected exercises

Appendix E: Present value table

Index

Peter Atrill is a freelance academic and author who has worked with leading institutions in the UK, Europe and South-East Asia. As well as working as a business consultant, he was previously Head of Business and Management and Head of Accounting and Law at Plymouth Business School, University of Plymouth.

Eddie McLaney is an academic author with many years' experience of teaching Accounting and Finance. He was formerly the Accounting Subject Group Leader and Principal Lecturer in Accounting and Finance at Plymouth Business School, University of Plymouth.

Hallmark Features in This Edition

A clear introduction to the key principles of accounting & finance.

  • Equips your students with a solid foundation on the subject for successful business decisions later in their careers.
  • Explains the roles of accounting and finance in business decision-making step-by-step, covering widely used techniques with international financial standards in mind.
  • Studies the impact of the COVID-19 pandemic on businesses such as Airbus and BP with real-life examples and offers activities and exercises for further support.
  • Combines financial accounting, management accounting, and financial management.
  • Focuses on decision-making to prepare your students for a career in business.
  • Helps students build up their skills with activities and applied examples.