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Accounting for Non-Accountants
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The world of accounting is in turmoil. New accounting standards are being pressed into use that will at a stroke cut the value of a company such as Shell by £2.5 bn, whilst adding a similarly large sum to its liabilities to account for ‘black holes’ in pension schemes. Small wonder that the big accountancy firm PwC (Price water house Coopers), for example, reported record global revenues of $17.6 bn for its 2004 fiscal year. Companies have been forced to pay their auditors significantly more in fees because of new accounting and corporate governance rules. We can’t pretend that this book will do any more than give you an appreciation of how complex the accounting world has become, at one level, whilst fundamentally remaining much as Luca Pacioli left it when he put his pen down on the first accounting textbook 600 years ago.
Graham Mott - Personal Name
Sixth Edition
0 7494 4416 9
NONE
Accounting
English
2005
1-353
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