The fourth edition of Accounting: Understanding and Practice by Danny Leiwy and Robert Perks has been fully revised throughout and updated in accordance with the International Financial Reporting Standards. Ample practice illustrations and examples help present the subject in relation to a business world to which readers can easily relate.
Accounting: Understanding and Practice by Danny Leiwy and Robert Perks provides a gentle introduction to the complexities of accounting.
Part One: Introduction to Financial Accounting The statement of financial position (balance sheet) and what it tells usThe income statement (profit and loss account)The development of financial reportingRatios and interpretation: a straightforward introduction How the stock market assesses company performance Cash flow statements: understanding and preparation Advanced interpretation of company and group accounts Current issues in financial reporting Bookkeeping to trial balance Trial balance to final accounts