Publisher's Synopsis
Annual company reports and accounts are thoroughly analyzed and explained in a revised edition of this text. Through comprehensive coverage and examples, the book provides a well structured approach to the use of basic analytical tools. Divided into two parts, the first comprises a systematically detailed description of a company's annual report and accounts. Included in this edition is a discussion of British legislation, regulation and requirements on corporate disclosure, including explanations of how choice in accounting measurement can affect the reported profit of a company. Part Two contains a detailed explanation of how reports and accounts, together with other publicly available data, can be used in the interpretation and analysis of a company's performance. The practical and research applications of these techniques are brought into focus. Throughout the book the financial statements of the BOC Group Plc are used as a case study, providing a basis for description, interpretation and analysis.
