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If you read the 'business pages' of a newspaper or if you listen to the financial news on the television or radio, you will often hear terms such as 'liability', 'balance sheet' or 'earnings'. These terms turn up in non-financial contexts as well: 'he was more of a liability than an asset'. If you invest in shares, have a building society account, or sit on a committee of the property company which owns your apartment block, you will receive financial statements every year. If you are a manager in a company, a hospital or a school, you will see accounting information often. This Very Short Introduction provides a guide to understanding and using accounting information. Christopher Nobes explains the main areas of accounting work, from bookkeeping and financial reporting to auditing and management accounting. About the series: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.
This book investigates the fundamental principles of accounting to demystify financial terminology and reporting for the general reader. Christopher Nobes, a professor of accounting, utilizes his extensive academic background to distill complex financial concepts into an accessible framework. He argues that accounting is a universal language of business that, once understood, provides critical insight into the health and operations of any organization.
What You Will Find
Scope Limits
Readers frequently note the clarity and brevity of the prose, which makes it an ideal entry point for non-specialists. Experts highlight this as a foundational text for beginners who require a conceptual grasp of financial literacy without the burden of excessive jargon.
Page Count:
144
Publication Date:
2014-01-01
Publisher:
Oup Oxford
ISBN-10:
019150727X
ISBN-13:
9780191507274
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