Business Accounting UK GAAP Vol. 2

By Alan Sangster
Financial Times/ Prentice Hall
Distributed by Trans-Atlantic Publications Inc.
December 2008
840 Pages
$97.50 paper original


Frank Wood’s Business Accounting volumes are the world’s best-selling textbooks on bookkeeping and accounting. Now for the first time, the authors have produced an indispensable textbook specifically for accounting students and professionals working with UK GAAP practice and terminology.


Notes for teachers and lecturers

Notes for students

Part 1  Special Accounts

1  Accounting for branches

2  Hire purchase accounts

3  Contract accounts

Part 2  Companies

4  Limited companies

5  The issues of shares and debentures

6  Companies purchasing and redeeming their own shares and debentures

7  Limited companies taking over other businesses

8  Taxation in company financial statements

9  Provisions, reserves and liabilities

10  The increase and reduction of the share capital of limited companies

11  Accounting standards and related documents

12  The financial statements of limited companies: profit and loss accounts, related statements and notes

13  The financial statements of limited companies: balance sheets

14  Published financial statements of limited companies: accompanying notes

15  Cash flow statements

Part 3 Groups

16  Group financial statements: an introduction

17  Consolidation of balance sheets: basic mechanics (I)

18  Consolidation of balance sheets: basic mechanics (II)

19  Intercompany dealings: indebtedness and unrealised profit in stocks

20  Consolidated financial statements: acquisition of shares in subsidiaries at different states

21  Intragroup dividends

22  Consolidated balance sheets: sundry matters

23  Consolidation of the financial statements of a vertical group of companies

24  Consolidated profit and loss accounts

25  Consolidated financial statements: acquisitions and mergers

26  Standards covering subsidiary and associated undertakings and joint ventures

Part 4 Financial analysis

27  Accounting ratios

28  Interpretation of financial statements

Part 5 Issues in financial reporting

29  Accounting theory

30  Current cost accounting

31  Social accounting

32  Corporate governance

33  Public sector governance

34  Accounting for management control

Part 6 Costing

35  Elements of costing

36  Absorption and marginal costing

37  Job, batch and process costing

Part 7 Budgets

38  Budgeting and budgetary control

39  Cash budgets

40  Co-ordination of budgets

Part 8 Standard costing and variance analysis

41  Standard costing

42  Materials and labour variances

43  Overhead and sales variances

Part 9 Planning, control and decision making

44  Break-even analysis

43  Interest, annuities and leasing

46  Capital expenditure appraisal

47  The balanced scorecard

Part 10 Planning, control and decision making

48  The supply chain and enterprise resource planning systems

49  E-commerce and accounting


1  Interest tables

2  Answers to review questions

3  Glossary



Return to the Businesss Titles Home Page