Financial Accounting: An introduction

Paperback | November 11, 2012

byJacqui Kew, Alex Watson

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Financial Accounting: An Introduction 4e does not simply teach the accounting standards; it demonstrates that accounting is about "how to" as well as "why to" record and report information in a way that engages directly with Generation Y students. The book uses a narrative approach to tell thestory of accounting as each accounting concept is introduced through a problem to be solved by the character, a young Capetonian entrepreneur. Students are guided through the appropriate solution available. The unique narrative approach taken by the book contextualizes accounting concepts for students and this "allows for reference to be made back to earlier events, concepts or transactions with more meaning for the reader than a more formal text could achieve." (Skinner, 2010). The book has beenreviewed for the latest changes to the conceptual framework and terminology changes. The fourth edition features the following completely revised chapters: * The conceptual framework * Inventory * Companies, including integrated reporting and updated statements in changes of equity * Statement of cash flows

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Financial Accounting: An Introduction 4e does not simply teach the accounting standards; it demonstrates that accounting is about "how to" as well as "why to" record and report information in a way that engages directly with Generation Y students. The book uses a narrative approach to tell thestory of accounting as each accounting conc...

Jacqui Kew is Senior lecturer in the Department of Accounting at the University of Cape Town. Alex Watson is Professor in the Department of Accounting at the University of Cape Town, Chairperson of the South African Institute of Chartered Accountants' Accounting Practices Committee, and member of the International Accounting Standards...

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Format:PaperbackDimensions:736 pages, 9.45 × 6.61 × 0.68 inPublished:November 11, 2012Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199046484

ISBN - 13:9780199046485

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Table of Contents

1. Accounting in context2. The purpose of accounting3. The practice of accounting4. The conceptual framework5. Value added tax6. Adjustments7. Inventory8. Bank reconciliation statements9. Introducing credit: Trade payables10. The other side of credit: Trade receivables and working capital management11. Property, plant and equipment (PPE)12. Companies13. Partnerships, and a brief note on close corporations (CCs)14. Statement of cash flows15. Financial analysis16. Non-profit organisations and club accounting17. Incomplete records and other accounting issues18. Integrating accounting into the business