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Company Accounts: Analysis, Interpretation, Understanding
  

Company Accounts: Analysis, Interpretation, Understanding (Paperback)

by David Fanning (Author), M.W. Pendlebury (Author), Roger Groves (Author, Editor) "Many people are affected by and are properly interested in the activities and influences of the modern company: investors (whether equity or preference shareholders), creditors..." (more)
5.0 out of 5 stars See all reviews (1 customer review)

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Product details

  • Paperback: 288 pages
  • Publisher: Thomson Learning; New Ed edition (Aug 1992)
  • Language English
  • ISBN-10: 0415091012
  • ISBN-13: 978-0415091015
  • Average Customer Review: 5.0 out of 5 stars See all reviews (1 customer review)
  • Amazon.co.uk Sales Rank: 1,609,528 in Books (See Bestsellers in Books)

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Product Description

Synopsis
Annual company reports and accounts are thoroughly analyzed and explained in a revised edition of this text. Through comprehensive coverage and examples, the book provides a well structured approach to the use of basic analytical tools. Divided into two parts, the first comprises a systematically detailed description of a company's annual report and accounts. Included in this edition is a discussion of British legislation, regulation and requirements on corporate disclosure, including explanations of how choice in accounting measurement can affect the reported profit of a company. Part Two contains a detailed explanation of how reports and accounts, together with other publicly available data, can be used in the interpretation and analysis of a company's performance. The practical and research applications of these techniques are brought into focus. Throughout the book the financial statements of the BOC Group Plc are used as a case study, providing a basis for description, interpretation and analysis.

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First Sentence
Many people are affected by and are properly interested in the activities and influences of the modern company: investors (whether equity or preference shareholders), creditors and lenders (whether debenture or mortgage holders, trade suppliers or bank officials), employees and their representatives, government officials and administrators (whether tax collectors or statisticians) and members of the local, regional and national communities within which the corporation operates. Read the first page
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5 of 7 people found the following review helpful:
5.0 out of 5 stars Excellent, 5 Dec 2005
I am currently undertaking an MBA programme and consider the accounting aspects to be my weakest area. Having struggled with a number of accounting texts, I came across this one which is by the far the best I have used. Accounting concepts and ratios etc are clearly and thoroughly explained and this is backed up by the BOC case study which I find very useful. Recommended.
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