This book is about finance and accounting, subjects widely discussed in many other books. What sets this book apart from most others is that it discusses all the basic aspects of finance and accounting in one single textbook. Three areas of interest are discussed: Financial Management; Management Accounting; Financial Accounting.
Typically, these three subjects are treated separately as individual topics. They are closely related, however, since they all deal with the many financial issues facing business organizations. All topics are discussed at an introductory level, which makes this book very useful for introductory courses on finance & accounting. This book will be of interest to students preparing for a more in depth study of the topics later in their curriculum as well as for those who need a basic yet comprehensive introduction to the subject. The book’s intended audience is students following bachelor programs of business science. However it may also be suitable for master program students, especially for those students whose focus is more on practical relevance than on academic theory.
Table of Contents :
Part 1: Fundamentals; 1. Business, Financial Statements & Financial Planning; 2. Legal Forms of Business; 3. Time Value of Money. Part 2: Financial Management; 4. Equity Financing; 5. Debt Financing; 6. Financial Ratio Analysis; 7. Financial Markets & Financial Derivatives; 8. Capital Budgeting; 9. The Financial Plan; Part 3: Management Accounting; 10. Management Accounting & Cost Classifications; 11. Absorption Costing & Direct Costing; 12. Job Costing; 13. Budgets & Analysis of Variances; Part 4: Financial Accounting; 14. Published Financial Reports; 15. Financial Statements & Value Added Tax; 16. Costing Conventions & Inventory Costing Systems; 17. Group Accounting; 18. Accounting Practices in Various Countries; Glossary of Key terms