Financial Accounting : A Concepts-Based Introduction

Financial accounting is a key building block to understanding accounting more generally. This textbook helps students to understand the concepts that underpin the application of accounting theory to help solve accounting problems. This international edition includes extracts from financial statements, definitions of key terms and exam examples, along with real life examples to support class work. Unlike other textbooks, the author provides analysis of why accountants do what they do and not just how.

This is an essential read for all accountancy and financing students and researchers.

Financial accounting is the branch of accounting thought and practice concerned with preparing and providing information for external users of financial statements. This textbook helps students to understand the concepts that underpin the application of accounting theory to solve accounting problems.

This international edition includes extracts from financial statements, definitions of key terms and exam examples. Unlike other textbooks, the author provides analysis of why accountants do what they do, and not just how. With such a wealth of accounting models and diagrams intertwined with this analysis, this book guides the reader through all the practicalities and concepts of financial accounting. Additional online questions, exercises and problems provide an opportunity to put this new-found knowledge into practice along the way.

This book is an essential guide for students new to accountancy, and an equally useful tool for more experienced students and researchers.