Includes index.

The nature and functions of financial accounting -- The accounting equation and its components -- Basic documentation and books of account -- The general ledger -- The balancing of accounts and the trial balance -- Day books and the journal -- The cash book -- The petty cash book -- The final accounts of sole traders -- Accounting concepts, principles and conventions -- Depreciation and fixed assets -- Bad debts and provisions for bad debts -- Prepayments and accruals -- The preparation of final accounts from the trial balance -- Manufacturing accounts and the valuation of stocks -- The bank reconciliation statement -- Control accounts -- Errors and suspense accounts -- Single entry and incomplete records -- The final accounts of clubs -- Accounting for hire purchase transactions -- Investment accounts -- Departmental and branch accounts -- The final accounts of partnerships -- Changes in partners: revaluations and goodwill -- The nature of limited companies and their capital -- The preparation of the final accounts of limited companies -- Changes in share capital -- The appraisal of company accounts using ratios -- Cash and funds flow statements -- Value added tax and columnar books of prime entry -- The use of computers in accounting -- Theoretical review of basic accounting procedures.