Accounting : a smart approach / by Mary Carey, Cathy Knowles, Jane Towers-Clark.

Includes bibliographical references and index.

Part one: Financial accounting -- 1 The cash budget: Sam has a smart idea -- 2 Introduction to the statement of profit or loss: The business starts trading -- 3 Balancing the basics: Getting a 'snapshot' of smart sports -- 4 Accounting for depreciation and bad debts: Smart sports is called to account -- 5 Company finance : Growing the business -- 6 Company accounts: Smart sports turns corporate 7 The statement of cash flows: Where has all the cash gone? -- 8 Interpreting financial statements: Exploring India -- 9 Capital structure and investment ratios: Sam gears up -- Case study: Financial accounting -- Part two: Management accounting -- 10 Costs and break-even analysis: Smart sports goes into production -- 11 Absorption and activity-based costing: Sam's cost conundrum -- 12 Budgeting: Sam makes a smart plan -- 13 Pricing and costs: Can smart sports compete? -- 14 Short-term decision making: Decision time -- 15 Investment appraisal techniques: Smart4sport.com -- 16 Performance measurement: Smart success -- Case study: Management accounting.

Covering all the accounting topics a non-specialist needs to know, this text provides a fresh, innovative approach to accounting which will engage students and truly bring the subject to life.