Principles of Financial Accounting Book

	Guided tour
	How to use this text
1	The nature of accounting	1
Pt. I	Preparing financial statements: the basics
2	The accounting equation: balance sheets and profit and loss accounts	19
3	The extended accounting equation: debits and credits	37
4	Accounting systems and financial statements: the basics	47
5	Accrual accounting	63
6	Fixed assets and depreciation	82
7	Bad and doubtful debts and control accounts	100
8	Cost of goods sold	121
9	Preparation of financial statements	136
Pt. II	Preparation of financial statements: partnerships and limited companies
10	Partnership accounts	145
11	Limited company accounts	184
12	Consolidated accounts: an introduction	204
Pt. III	Special topics in accounting
13	Incomplete records	231
14	Accounts of clubs, societies and charities	248
15	Branch accounts	263
16	Computerised accounting: an introduction	274
17	Auditing: an introduction	280
Pt. IV	Analysing and understanding financial statements
18	Limitations of the conventional accounting model	289
19	Financial reporting in countries other than the UK	315
20	Cash flow statements	326
21	Analysis of financial statements 1	346
22	Analysis of financial statements 2	358
	Appendices
	Further reading	385
	Glossary	388
	Solutions to checkpoint questions	395
	Solutions to selected exercises	409
	Index	483