How to use this book; Introducing command words; Part I The accounting system; 1 Double-entry bookkeeping: Cash transactions; 2 Double-entry bookkeeping: Credit transactions; 3 Books of prime entry; 4 Balancing accounts; 5 The classification of accounts and division of the ledger; 6 The trial balance; Part II Financial accounting; 7 Statements of profit or loss for sole traders; 8 Statements of financial position for sole traders; 9 Accounting concepts; 10 Accruals and prepayments (the matching concept); 11 Accounting for the depreciation of non-current assets; 12 Irrecoverable debts; 13 Bank reconciliation statements; 14 Control accounts; 15 The correction of errors; 16 Incomplete records; 17 Incomplete records: Further considerations; 18 Partnership accounts; 19 Partnership changes; 20 Manufacturing businesses; 21 An introduction to limited company accounts; 22 Limited companies: Further considerations; 23 Non-profit making organisations (clubs and societies); 24 Statements of cash flows; 25 Auditing and stewardship; 26 International accounting standards; 27 Computerised accounting systems; 28 Business acquisition and merger; 29 Ethics and the accountant; 30 Accounting information for stakeholders; 31 Analysis and communication of accounting information; Part III: Cost and management accounting; 32 Costing of materials and labour; 33 Absorption costing; 34 Unit, job and batch costing; 35 Marginal costing; 36 Activity-based costing (ABC); 37 Budgeting and budgetary control; 38 Standard costing; 39 Investment appraisal; Appendix: Net present value of $1; Appendix: Ratios; Preparing for assessment; Glossary: Command words; Glossary: Key terms; Index; Acknowledgements.