Financial Accounting

Financial Accounting is the ideal introduction to this topical and dynamic subject. Successfully combining a conceptual approach with an accessible, interactive style, the text tackles the very latest international developments. Adopting a unique questioning attitude to the subject, the authors ask why accounting practices exist and not simply how they work, without lingering on the technicalities. The 4th edition has been fully updated in line with the transition to International Accounting Standards (IASs) and International Financial Reporting Standards (IFRSs). The Key Features for this new edition include: all material now based on International Accounting Standards; new material on accounts for non-profit organisations; expanded and revised IT chapter; clear coverage of the convergence programme between the US and the IASB, as well as the role of Enron and WorldCom; more 'real life' examples;