In its US edition, ‘Principles of Accounting’ has been a market leading introductory accounting textbook for over 20 years. The Australasian adaptation of this highly regarded textbook accentuates its relevance to both students and academics alike with its constructive pedagogical structure, application of accounting to a wider business environment, and clear, easy-to-understand writing style.
As accounting is the international language of business, with many students expecting their qualifications to open career opportunities internationally, ‘Principles of Accounting 2nd edition’ aligns to the conceptual framework and financial reporting requirements under IFRS, as well as presenting real company financial information from the Australasian region. Throughout all chapters, accounting processes and systems are applied and illustrated with either real businesses or constructive hypothetical examples.
A unique feature of the textbook is that it can be used in either a one semester or two semester introductory accounting subject. Students who study with this textbook will be equipped with knowledge and skills required for their further accounting studies and eventual career as an accounting professional.
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The key to business success is based upon the ability to interpret
reliable and accurate accounting information. The key to your success
as a student studying accounting is based upon the ability of a
textbook to provide you with the necessary skills for understanding,
interpreting, analysing and communicating accounting information.
This textbook will engage you to achieve this and so much more.
Principles of Accounting, 2nd edition, presents accounting information
that is appropriate to what students need in the real business world.
Irrespective of your future professional role, you will need to know
that accounting is not just about debits and credits. Throughout
the text you will be shown how accounting information is integral
to business, influencing business decisions at all levels. Accounting
methods and processes are explained and applied to a range of
real business scenarios to not only demonstrate the application
of accounting but also develop your confidence and working
knowledge of accounting.
Wiley is the premier publisher of accounting teaching and learning resources. Our goal is to provide quality educational resources that ‘help teachers teach and students learn’. We are confident that Principles of Accounting, 2nd edition, will achieve these outcomes.
We wish you every success with your studies.About the Author:
Professor Keryn Chalmers, BCom, Grad Dipl, PhD, joined Monash University, Department of Accounting and Finance, in 2003. For 15 years prior to this she was with the School of Accounting and Finance at Victoria University. Her teaching responsibilities at the undergraduate and postgraduate levels have primarily been in fi nancial accounting and fi nancial analysis. Keryn is an active researcher in the fi nancial accounting and fi nancial reporting area, specifically in relation to accounting policy and disclosure choices of management.
Lorena Mitrione, BCom, MBus, CPA, joined Monash University, Department of Accounting and Finance, in 2009 as a lecturer. For 12 years prior to this, she worked at CPA Australia. Since 2001 she was the CPA Program Manager responsible for the development and maintenance of CPA Program materials and examinations. In this role Lorena developed a sound sense of the requirements for accounting learning materials while maintaining an up-to-date knowledge of accounting standards, accounting research, technical accounting matters and business practices.
Susana Lai-Mei Yuen, PhD, MSc, MBA, CPA(Aus), FCCA, ACIS, is an Associate Professor in the School of Accounting and Finance, The Hong Kong Polytechnic University, Hong Kong. She was a lecturer in the School of Accountancy at the Queensland University of Technology for 8 years before she returned to Hong Kong. Her teaching areas are cost and management accounting and her research interests are in cultural and behavioural issues in accounting, performance measurement, and the impact of management accounting on the organisational life cycle and strategic management of the business.
Michelle Fyfe, BCom Hon, BBus, CA, is a corporate accountant for a top 100 listed Australian company working in the corporate division producing external fi nancial reports. Prior to this she worked as a lecturer at Monash University, Department of Accounting and Finance. She has also had extensive working experience in chartered fi rms and industry within Australia and the United Kingdom. Michelle also ran a consultancy business for 2 years helping small businesses develop accounting systems and deal with current taxation regulations.
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