This third edition includes the important developments in company accounting which have occurred since 1991. New key areas in this edition cover: details of the new provisions of the 1989 Companies Act, which has important effects on disclosure requirements; all the relevant new EC legislation that governs accounting practice (in particular the 8th directive); and the crucial new development which has occurred since the last edition is the fact that companies now must produce a "cash-flow" statement alongside their "profit and loss" statement. The authors use BOC's accounts as before, and this company was one of the first to fulfil this new requirement, in 1992. The authors apply company ratio analysis to cash-flow statements, which has never been done before. New Financial Reporting Standards have been introduced - FRS 1 and FRS 3 - since the previous edition, and these are comprehensively covered in the new edition.
- ISBN10 0415106028
- ISBN13 9780415106023
- Publish Date September 1994 (first published 31 May 1984)
- Publish Status Out of Print
- Out of Print 20 October 2009
- Publish Country GB
- Imprint Cengage Learning EMEA
- Edition 3rd Revised edition
- Format Paperback
- Pages 288
- Language English