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FT guide to using and interpreting company accounts / Wendy McKenzie.
- Format:
- Book
- Author/Creator:
- McKenzie, Wendy, author.
- Series:
- Financial times guides.
- Financial Times Guides
- Language:
- English
- Subjects (All):
- Corporations--Accounting.
- Corporations.
- Corporation reports.
- Physical Description:
- 1 online resource (1 v.) : ill.
- Edition:
- Fourth edition.
- Place of Publication:
- Harlow, United Kingdom : Pearson Education Limited, 2013.
- Language Note:
- English
- System Details:
- text file
- Summary:
- The Financial Times Guide to Using and Interpreting Company Accounts is designed for the non-accountant manager, investor or entrepreneur who is expected to have financial knowledge but may not have accounting training. Wendy McKenzie approaches the project via three key points: What information will I find in these accounts?; How do I analyse the accounts?; How can I use my analysis? Using publicly available actual accounts, the book begins by covering the ‘numbers’ from company accounts then moves on to information such as the financial review and then explains the logic of the accounts. To help with the interpreting of the numbers Wendy shows the reader how to understand issues such as cash flow, what this will tell you about a company, how to consider a competitor’s accounts and how to perform ratio calculations to help with company analysis.
- Contents:
- Cover
- FT Guide to Using and Interpreting Company Accounts
- Contents
- Preface
- Part 1 What information will I find in the accounts?
- Introduction to the accounts
- Introduction
- The accounting principles
- The accounts
- Summary
- The income statement, or the profit and loss account
- Capital costs and revenue costs
- What does an income statement look like?
- The accounting judgements - defining the costs that relate to the sales
- Currency adjustments
- Income statement summary
- IMI's income statement
- The balance sheet and statement of financial position
- What will I find in a balance sheet?
- How is this information presented?
- The balance sheet in detail
- IMI's balance sheet
- The statements of recognised income and expense, comprehensive income and changes in equity
- What's in a statement of recognised income and expense?
- IMI's statement of recognised income and expense
- What's in a statement of changes in equity?
- The statement of total recognised gains and losses
- The effects of the revisions to IAS 1 on the financial statements
- The statement of cash flows
- What is in a statement of cash flows?
- The cash flow statement in detail
- IMI's cash flow statement
- Other information found in the accounts
- Segmental analysis
- Employee benefits
- Contingent liabilities
- Commitments for future capital expenditure
- Events after the reporting period
- Related party transactions
- Financial risk management disclosures
- The operating and financial reviews
- IMI's financial review
- A comparison of IFRS and UK GAAP
- The main differences between the international rules and UK GAAP
- The presentation of the financial statements
- The income statement/profit and loss account.
- The balance sheet
- The statements of total recognised gains and losses and the recognised income and expense
- The cash flow statement and statement of cash flows
- Part 2 How do I analyse the accounts?
- How do I analyse the accounts?
- Starting your analysis
- And now, a few words about ratios
- What's in this part of the book?
- Solvency
- Immediate solvency/liquidity
- Short-term solvency
- Long- and medium-term solvency
- Summary of the solvency ratios and analysis
- IMI's solvency in 2008
- Profitability
- What is the definition of the return on capital employed?
- Calculating the return on capital employed
- Improving the return on operating capital employed
- The hierarchy of ratios
- Using EBITDA
- Summary of the profitability ratios
- IMI's profitability ratios in 2008
- Cash management
- The cash flow statement
- The loan profile
- IMI's cash management
- The investors' perspective
- The investment ratios
- IMI's investment ratios in 2008
- IMI
- Starting the analysis
- IMI's five-year summary
- IMI's operating review
- IMI's financial statements
- Analysing IMI's financial performance 2005-2008
- Part 3 How can I use my analysis?
- How can I use my analysis?
- Suppliers' accounts
- The first decision ... which accounts to use
- First steps
- Relevant ratios
- The importance of your order
- Customers' accounts
- Competitors' accounts
- Identifying a company's acquisition potential
- Introduction.
- Relevant ratios
- Post-acquisition profitability
- Cash management and the statement of cash flows
- Company valuation
- The availability of accounts
- Where can I find a company's accounts?
- The format of the small and medium-sized private companies' accounts filed at Companies House
- Index.
- Notes:
- Includes index.
- Description based on print version record.
- Description based on online resource; title from title page (EBook Central, viewed April 3, 2025).
- Description based on online resource; title from PDF title page (EBC, viewed May 01, 2025).
- ISBN:
- 9786612529849
- 9780273746881
- 027374688X
- 9781282529847
- 1282529846
- 9780273724216
- 0273724215
- OCLC:
- 1017005550
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