This book provides a firm grounding in management and financial accounting for MBA students and practising managers. It focuses on the 'why' as well as the 'how to', equipping managers with the tools and knowledge necessary for generating and interpreting accounts.

PARTI: FINANCIAL ACCOUNTING ANALYSIS
1. The Nature and Scope of Financial Accounting
2. Concepts, Assumptions and Principles
3. The Cash Flow Statement
4. The Statement of Comprehensive Income
5. The Statement of Financial Position
6. Corporate Relationships
7. Financial Instruments
8. Special Situations
9. Financial Statement and Stock Market Analysis
PART II: MANAGERIAL ACCOUNTING ANALYSIS
10. The Nature and Scope of Managerial Accounting
11. Total Cost Analysis
12. Variable Cost Analysis
13. Budgetary Control
14. Standard Costing and Variance Analysis
15. Capital Investment Appraisal
16. Evaluating and Managing Performance
17. Business and Professional Ethics
18. Corporate Governance.

"I have no difficulty in confirming Roger's ability and credentials for this project...In terms of innovation and pedagogy the proposal says all the right things. It is more important to see accounting in the context of the business issues rather than technical manipulation...The contents are just as would be required for the market and are up-to-date in terms of including derivatives, comprehensive income and other topical issues." - David Hatherly, Professor Emeritus of Accounting, University of Edinburgh, UK "I like the inclusion of ethics, especially from an international perspective." - Denise Gallagher, Senior Teaching Fellow in Accounting and Finance, Leeds University, UK "Comprehensive coverage of relevant issues and a distinctive thought-provoking, concept-based approach...I give a very strong recommendation to this proposal." - Tom McLean, Lecturer in Accounting, Newcastle University Business School, UK