Exploring the principle and practice of finance and accounting, both in the USA and UK, and its various anomalies and limitations, this book exposes the practical limitations of these theories with examples and case studies. It attempts to diagnose problems and briefly mentions some modern methods such as activity-based costing (ABC), financial mobility, and just in time (JIT). By the author of "The New Frontiers For Business Analysis", who has also published articles in the "The Financial Times", "The Times", "The Guardian", "Management Today", "Accountancy", "Management Accounting" and "Accountancy Age".
Acknowledgements - Introduction - Profit - Balance Sheet - Depreciation - Fixed and Variable Costs - Costing Budgeting and Overhead Allocation - Stock and Work in Progress - Goodwill - Cash! Cash! Cash! - Ratios - Growth Plan and Investment - Shareholders' Value - Creative Accounting - Appendices