Summary

This successful text provides a comprehensive, yet balanced, introduction to financial accounting, management accounting and the basics of financial management. Topics are introduced gradually and the fundamental concepts are explained clearly and concisely, avoiding the use of unnecessary detail and technical jargon wherever possible. The text has a strong practical emphasis, illustrating how accounting information can be used to improve the quality of management decision making. This approach is reinforced by the numerous exhibits featured throughout the text, including illustrations from company reports and survey data. Students are encouraged to interact with the material and assess their own progress through the range of integrated activities, examples and questions. Key features of the new edition: *Accessible 'open-learning' writing style and approach. *Emphasis on using accounting information, rather than the technical preparation of accounts. Double-entry bookkeeping is included as an appendix only. *Numerous activities are integrated throughout each chapter, allowing the readers to check their understanding as they progress through the text. *Real-life exhibits in every c