Description - How to Understand Accounts by David Rouse
This book will enable anyone with no previous accountancy training to understand and interpret annual and other accounts. Its key features are: a practical case study showing how to review and interpret a set of example accounts; examples of accounts for sole traders, partnerships and small companies; clearly set-out details giving explanations and examples for each heading in different types of accounts; practical checklists for reviewing accounts, stocktaking and trouble shooting.Accounts are used to manage and explain the operation of a business or other organisation and so are important for the managers and owners and anyone involved in the running of the organisation. In addition, accounts are often required for legal or other reasons. Accounts are prepared by accountants, but there are many more people who can benefit from an understanding of those accounts, such as those owning and running a business as a sole trader or partner, those working in a company as a director, or those employed in the management of a business in some capacity.
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