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Want to become an accountant? Own a small business but need help balancing your books? Worried about managing your finances under the cloud of the recession?

This hands-on workbook gets you up to speed with the basics of business accounting, including reading financial reports, establishing budgets, controlling cash flow, and making wise financial decisions. The question and answer sections encourage you to find your own solutions to challenging accounting problems - and there's plenty of space to scribble your workings out! Accounting Workbook For Dummies is the only book that makes truly light work of the financial fundamentals that many businesspeople try to bluff their way through every day.

Accounting Workbook For Dummies, UK Edition covers:

Part I: Business Accounting Basics 
Chapter 1: Elements of Business Accounting 
Chapter 2: Financial Effects of Transactions 
Chapter 3: Getting Started in the Bookkeeping Cycle 
Chapter 4: The Bookkeeping Cycle: Adjusting and Closing Entries 

Part II: Preparing Financial Statements 
Chapter 5: The Effects and Reporting of Profit 
Chapter 6: Reporting Financial Condition in the Balance Sheet 
Chapter 7: Coupling the Profit & Loss Statement and Balance Sheet 
Chapter 8: Reporting Cash Flows and Changes in Owners' Equity 
Chapter 9: Choosing Accounting Methods 

Part III: Managerial, Manufacturing, and Capital Accounting 
Chapter 10: Analysing Profit Behavior 
Chapter 11: Manufacturing Cost Accounting 
Chapter 12: Figuring Out Interest and Return on Investment 

Part IV: The Part of Tens 
Chapter 13: Ten Things You Should Know About Business Financial Statements 
Chapter 14: A Ten-Point Checklist for Management Accountants 

Main changes in the UK edition include:

• UK Accounting practice
• Currency
• UK institutions - Inland Revenue and Customs and Excise etc
• National Insurance, PAYE
• UK taxation and VAT
• Partnerships and Limited company information
• UK legal practice
• UK specific forms
• UK specific case studies