Summary: Is this the right book for me?The world of finance and accountancy can seem one of impenetrable mystery but it is one that many managers have to face in their day to day lives. With its comprehensive coverage of the subject, this book allows you not only to ask pertinent questions but also to understand the answers. Chapter by chapter, the workings of finance are mapped out and laid bare - the formal reports, the methods used to prepare the numbers and what accountants actually do every day.This edition is fully updated to reflect current allowances, rates and regulations and further information. It also includes even more questions (with comprehensive answers) to challenge the reader's understanding. Finance for Non-Financial Managers includes: Chapter 1: The purpose of accountingChapter 2: Basic terminologyChapter 3: Accounting concepts and principlesChapter 4: The profit and loss accountChapter 5: The balance sheetChapter 6: The cash flow statementChapter 7: Ratio analysisChapter 8: Users of financial informationChapter 9: The general ledgerChapter 10: CostingChapter 11: Standard costingChapter 12: Variance analysis Chapter 13: Two more things on costingChapter 14: The audit of annual accountsChapter 15: Tricks of the tradeChapter 16: Financial information for managersChapter 17: Capital investment appraisal: experts only!Chapter 18: Activities of an Accounts departmentChapter 19: Cash flow managementChapter 20: Corporate financial planningChapter 21: Personal finance: income tax and national insuranceChapter 22: Personal finance: investmentChapter 23: Personal finance: capital gains tax and others. Learn effortlessly with a new easy-to-read page design and interactive features: Not got much time?One, five and ten-minute introductions to key principles to get you started.Author insightsLots of instant help with common problems and quick tips for success, based on the author's many years of experience.Test yourselfTests in the book and online to keep track of your progress.Extend your knowledgeExtra online articles to give you a richer understanding of the subject.Five things to rememberQuick refreshers to help you remember the key facts.Try thisInnovative exercises illustrate what you've learnt and how to use it.
Beautifully written in a plain, easy to read style by a highly experienced authorA proven success over more than 11 yearsFully updated to include the most recent regulations, tax rates etc.Also includes a personal finance section.
Table of Contents: The purpose of accountingBasic terminologyAccounting concepts and principlesThe profit and loss accountThe balance sheetThe cash flow statementRatio analysisUsers of financial informationThe general ledgerCostingStandard costingVariance analysisTwo more costing issuesThe audit of annual accountsTricks of the tradeFinancial information for managersCapital investment appraisal: experts only?Activities of an accounts departmentCash flow managementCorporate financial planningPersonal finance: income tax and national insurancePersonal finance: investmentPersonal finance: capital gains tax and others
About the Author(s): Philip Ramsden BA, MBA, MA, FCMA has worked in accounting and systems development in various sectors of business. He has also written a number of financial books, including the first 4 editions of Teach Yourself Finance for non Financial Managers.
Readership: Anyone who needs to deal with finance and accounts in their day to day life but who is not financially qualified.
