Accounting for Non-Accountants

Accounting for Non-Accountants

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This updated edition of the best-selling handbook Accounting for Non-Accountants provides the perfect introduction to the basics of accounting and business finance. Designed for non-finance students and managers who need an insight into business finance and accounting, it guides readers through the maze of financial terms, theories and techniques in a meaningful and easy-to-follow style. Revised and updated for 2012, it includes information on the latest accounting standards and taxation issues, and is structured to provide in-depth understanding in three key areas: annual accounts; management accounting and financial management. Already widely used as an introductory text for business and management students on a variety of courses, Accounting for Non-Accountants remains essential reading for anyone looking to understand accounting principles and practice.A Manual for Managers and Students Graham Mott. M I Suppose X Ltd has a 10 per cent loan stock standing at Ap83 perAp100 nominal value, repayable at par in five yearsa#39; time. ... We can approach this in the way we calculate the internal rate of return (IRR) on industrial investments as explained in the next chapter. Figure 16.3 shows this to be15 per cent, which will be the solution rate of interestwhich equates the purchase cost of Ap83 with the present value of the stream of futureanbsp;...

Title:Accounting for Non-Accountants
Author:Graham Mott
Publisher:Kogan Page Publishers - 2012-01-03


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