Accounting: Made Simple, Third Edition covers the basic principles and techniques of accounting, with emphasis on accounting statements, formats, and procedures, as well as their preparation, uses, and interpretation. The book tackles the common forms of financial statements and the main types of business units that operate to provide goods and services and accounting for governments, charities and individuals, and profit-making enterprise. The text also describes the accounting requirements of business combination; the analysis of income and costs; the fundamentals of cost accounting; and management accounting. Accounting for inflation and standard accounting practices are also considered. The book concludes by presenting published company accounts and exercises and by providing answers to the exercises. Those having some knowledge of book-keeping or elementary accounting and those having no knowledge at all, but needing an appreciation of accounting as part of business or professional training and courses, will find the book invaluable.