Paperback: 540 pages
Publisher: Pearson; 7 edition (19 Nov. 2015)
Product Dimensions: 19.6 x 1.9 x 26.6 cm
The seventh edition of this well-respected and fully updated text retains all of the features that have contributed to the book’s popularity: focus on the accounting equation, student activities and real-life commentaries throughout each chapter, a clear and accessible writing style, and inclusion of real-world case studies. With a strong emphasis on the Conceptual Framework of the International Accounting Standards Board, Financial Accounting: An Introduction guides students in understanding the ‘why’ and not just the ‘what’ of financial accounting.
New case studies containing examples from real-world companies
New coverage on fair value throughout
New coverage of the Strategic Report and Directors’ Report
Focuses on specific knowledge outcomes, with end-of-chapter self-evaluation
Questions are graded according to difficulty to test student understanding
Definitions and terminology is fully in-line with the revised IASB Conceptual Framework
Experience-driven conversations between two managers are included throughout, providing a practical examination of real life scenarios
Financial Accounting: An Introduction is aimed at first-level undergraduates on business studies degrees taking introductory financial accounting classes; first-level specialist accounting undergraduate students; introductory core accounting for MBA and postgraduate specialist Masters students, focusing on analysis through the accounting equation and a questioning approach to problem solving; and professional courses where accounting is introduced for the first time.