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This book will be of interest to non-accountant managers of all levels who need to be competent in analysing basic statements. It takes the reader logically through different types of statements, pointing out both advantages and potential pitfalls throughout. A chapter of practical exercises will also be included.
All managers need to understand the basic principles of bookkeeping and accounting. This book provides a practical, step-by-step grounding including the principles of double entry bookkeeping; how the key records are maintained; preparing the books for the accounts; and profit statements.