The purpose of accounting -- Basic terminology -- Accounting concepts and principles -- The profit and loss account -- The balance sheet -- The cash flow statement -- Ratio analysis -- Users of financial information -- The general ledger -- Costing -- Standard costing -- Variance analysis -- Two more things on costing -- The audit of annual accounts -- Tricks of the trade -- Financial information for managers -- Capital investment appraisal: experts only! -- Activities of an accounts department -- Cash flow management -- Corporate financial planning -- Personal finance: income tax and national insurance -- Personal finance: investment -- Personal finance: capital gains tax and others.