Summary

Surfari: a manual accounting practice set is designed to introduce students to the processing of accounting information for a complete accounting cycle based on the periodic inventory system. Based on a retail surfwear business, this comprehensive practice set guides students through the process of recording and preparing a range of accounting transactions. The major advantage of teaching and learning with a manual practice set is that students will gain a genuine understanding of the underlying processes involved in preparing a set of financial statements. This same level and depth of understanding is harder to achieve with the sole use of computerised accounting practise sets and software packages as stand alone learning aids.