The prime objective of this long-established book is to provide the student with a broad perspective of business accounting based upon a sound conceptual framework. The Accounting Environment, The Scope and Environment of Business Accounting, Financial Accounting Theory and Practice, Income Measurement - Expense, Income Measurement - Revenue, Accounting Records - An Introduction to Bookkeeping, Income Measurement - The Valuation and Depreciation of Fixed Assets, Income Measurement - The Valuation of Current Assets, Further Aspects of Financial Records, The Partnership, The Public Limited Company - Capital Structure and Financial Reporting, The Public Limited Company - Changes in Capital Structure and Groups of Companies, Value and Income Measurement, Financial Planning and Control, Elements of Cost Accounting, Budgets and Budgetary Control, Standard Costs and Variance Analysis, Accounting for Business Decisions - The Capital Investment Decision, Accounting for Business Decisions - Short-Term Decisions, The Management of Working Capital, Performance Analysis, Index.