Financial Accounting: An Introduction offers CA stream students a strong conceptual framework in preparation for further studies in Accounting, while teaching non-CA stream students financial literacy, a skill that will benefit them in both their personal and professional lives.
- A concepts and context-based approach so students understand accounting principles.
- Best practice pedagogy to support students and lecturers and enhance pass rates.
- Practical worked examples and intertextual exercises to reinforce learning.
- Solutions to end-of-chapter questions on the Learning Zone.
- Emphasis throughout on the 'going concern' as the only underlying concept.
1Accounting in context
2The purpose of accounting
3The practice of accounting
4The conceptual framework
7Value added tax (VAT)
8Bank reconciliation statements
9Introducing credit: Trade payables
10The other side of credit: Trade receivables and working capital management
11Property, plant and equipment (PPE)
13Partnerships, and a brief note on close corporations (CCs)
14Statement of cash flows
16Non-profit organisations and club accounting
17Incomplete records and other accounting issues
First-year students following courses in financial accounting at universities and universities of technology.