This successful text provides a comprehensive yet balanced introduction to financial accounting, management accounting and the basics of financial management. The text is specifically designed for non-specialist students, explaining the fundamental principles clearly and concisely, whilst showing how accounting information can be used to make decisions in a real business context.
Accounting: An Introduction is renowned for its clear, accessible and uncluttered style. It provides a comprehensive introduction to the main principles of financial accounting, management accounting, and the core elements of financial management. With a clear and unequivocal focus on how accounting information can be used to improve the quality of decision making by managers, combined with a strong practical emphasis, this book provides the ideal grounding for a career in management.
Features
· Progress checks - numerous activities and exercises enable you to constantly test your understanding and reinforce learning.
· Lively and relevant examples from the real world demonstrate the practical application and value of concepts and techniques learnt.
· Interactive ‘open-learning’ style is ideal for self-study.
· Decision-making focus on the use of accounting information, rather than its preparation, is highly appropriate for tomorrow’s business managers.
· Key terms, glossary and bulleted summaries are excellent revision aids.
This new (5th) edition incorporates numerous revisions and updates, including:
· Full incorporation of developments in International Financial Reporting Standards, which are crucial in the European and world business arena.
· Expanded coverage of break-even analysis and marginal costing.
· Revision of activity-based costing (ABC).
· Expansion of the coverage of non-financial measures of performance.
The text is supported by MyAccountingLab, a completely new type of educational resource. MyAccountingLab complements student learning by presenting the user with a study plan that adapts and customises to the student's individual requirements as they progress through online tests. Students can also practise problems before taking tests, and because most of these are algorithmically driven, they can practise over and over again without repetition. Additionally, students have access to an eBook, animated guides to various key topics, and guided solutions, all of which are designed to help them overcome the most difficult concepts. Both students and lecturers have access to gradebooks that allow them to track progress, and lecturers will have the ability to create new tests and activities using the large number of problems available in the question database.
Audience
Suitable for all those studying an introductory course in accounting and finance, who are seeking a thorough understanding of basic principles and underlying concepts, without going into unnecessary technical detail.
Authors
Eddie McLaney is Visiting Fellow in Accounting and Finance at the University of Plymouth.
Peter Atrill is a freelance academic and author working with leading institutions in the UK, Europe and SE Asia. He was previously Head of Business and Management at the University of Plymouth Business School.
