Financial Accounting for Decision Makers

521
Premier Foods plc 281
prepaid expenses 86–8, 508, 
521
present values 253, 265–7, 
521
presentation, financial statements 174–81
price/earnings (P/E) ratios 318–22, 
521
prices
shares 124–6
ex-rights price 138
transfer 411–12, 
523
PricewaterhouseCoopers 459, 462
principles, framework of 
see
conceptual
framework
principles-based standards 168
private companies 120–2, 124, 
521
private placings 137, 141–2, 
521
products
brands 58
quality 58
profit and loss accounts 
see
income statements
profitability 336–7
ratios 270, 276–83, 289–91
profits 74, 
521
cash and 88
depreciation effects 94, 97
on disposal of non-current assets 98
economic 476–7
gross 
see
gross profits
importance 426
inflation and 336, 428–9
interim, measurement of 417–18
net 77
for the period 77, 78, 147, 276, 
521
retained 
see
retained profits; revenue reserves
segmental disclosure 410–11
before taxation 147, 
521
taxation 122–3
understated 477
see also
operating profits; reserves
Prompt Payment Code 286–7
property 41, 48, 49, 61
property, plant and equipment 48, 
521
depreciation 
see
depreciation
provisions 239–42, 
521
prudence convention 55–6, 57, 63, 65, 171, 172, 
245, 
521
public companies 120–2, 
521
public issues of shares 137, 140–1, 142, 
521
purchases ledgers 509
PwC 459, 462
quality
information 14, 15
products 58
R&D 
see
research and development
RAC plc 385
range of information 14, 15
ratio analysis 
see
financial ratios
realisable values 54
recognition
assets 238–67
contingent assets 245
contingent liabilities 244
expenses 84–8
finance leases 253
intangible assets 246, 249–50
liabilities 238–67
provisions 239–40, 241–2, 244
revenue 81–4, 190
reconciliation of liabilities from financing activities 
222
recording financial transactions 495–509
recording information 12
reducing-balance method 
521
reference books 48
Registrar of Companies 21, 117, 120, 129, 161
regulations 13, 15
see also
rules
reinvestment reserves 147
Z06 Atrill's Financial Accounting For Decis 51257.indd 590
18/03/2019 11:03

---

INDEX