The prime objective of this long-established book is to provide the student with a broad perspective of business accounting based upon a sound conceptual framework. It does this by integrating the theory with the application, presenting accounting concepts as simply and directly as possible, and stimulating independent thought on the part of the reader.

I. The Accounting Environment 1. The Scope and Environment of Business Accounting II. Financial Accounting Theory and Practice 2. The Balance Sheet 3. Income Measurement - Expense 4. Income Measurement - Revenue 5. Accounting Records - An Introduction to Bookkeeping 6. Income Measurement -The Valuation and Depreciation of Fixed Assets 7. Income Measurement - The Valuation of Current Assets 8. Further Aspects of Financial Records 9. The Partnership 10. The Public Limited Company - Capital Structure and Financial Reporting 11. The Public Limited Company - Changes in Capital Structure and Groups of Companies 12. Value and Income Measurement III. Financial Planning and Control 13. Elements of Cost Accounting 14. Budgets and Budgetary Control 15. Standard Costs and Variance Analysis 16. Accounting for Business Decisions - The Capital Investment Decision 17. Accounting for Business Decisions - Short-term Decisions 18. The Management of Working Capital 19. Performance Analysis Index

R. J. Bull , Director and Chief Executive Polytechnic South West, Lindsey M. Lindley , Senior Lecturer, Plymouth Business School, Polytechnic South West, David A. Harvey , Principal Lecturer, Plymouth Business School, Polytechnic South West

`"..a long-established book intended to provide students with a broad perspective of business accounting based on a sound conceptual framework, by integrating theory with application and presenting accounting concepts simply and directly, and stimulating independent thought."' Accounting World, 1990