The accounting scene; receipts and payments and the cash book; the measurement of profit; the balance sheet; depreciation; bookkeeping; bookkeeping for fixed assets and depreciation; trial balances; the asset of stock petty cash; control accounts; bank accounts; internal control; discounts, bad debts and hire purchase; valued added tax (VAT); accounting for stocks and materials costing; labour costs; overheads; manufacturing accounts; construction industry; departmental accounts; incomplete records; income and expenditure accounts; partnerships; limited companies; interpretation of accounts; investment ratios; service sector and public service accounting; decision making; forecast cash flows and financial statements; published company accounts; cash flow statements and company finance; regulatory framework of accounting; the accounting conventions. appendices: answers to selected exercises; six case studies; six assignments; glossary of accounting terms.