Financial Accounting

Understanding the basics of financial accounting can be a tricky task to master. This practical guidebook provides an overview of the fundamental principles in a jargon-free and simple format.

Financial Accounting: The Basics provides concise overviews of the key financial accounting topics supplemented by practical examples and exercises to enable readers to test their knowledge and understanding in bite-sized chunks. In empowering students to learn at their own pace, the book enhances course learning to maximise chances of overall success. Topics covered include:

• The interpretation of financial statements and the accounting equation
• Processing accounting information
• Accounting for inventories
• Non-current assets and depreciation
• Cash flow statements and analysis

With the latest coverage of  International Financial Reporting Standards (IFRS) terminology, and separate chapters on cash flow