<p>‘A well-structured, easy-to-read introduction to the subject. Packed full of examples, it is a must-have for students and professionals alike.' </p> <p><b><br /></b></p> <p><b>Dr Sarah Borthwick, Edinburgh Napier University </b></p> <p><b><br /></b></p> <p>‘In a competitive market Frank Wood's Business Accounting remains the most consistent and robust text. The changes made in this edition represent a significant improvement, especially in relation to limited company accounts.' </p> <p><b><br /></b></p> <p><b>Mark Holmes, Assistant Professor in Accounting, Coventry University</b></p>
Frank Wood's Business Accounting, 15th edition is the world's best-selling textbook on bookkeeping and accounting, ideal for those who are new to the field as well as students and professionals who are more experienced.
With its clear structure and reader-friendly language, it is a comprehensive, easy-to-follow introduction to the principle ideas and methods in business accounting, from the all-important terminology and techniques to the key financial statements.
With updated, enhanced features and review questions, this edition will broaden your understanding of the methods around the subject and create a solid foundation for your knowledge in accounting.
Such features are the Learning Objectives and Outcomes included at the beginning and end of each chapter, giving you a clear learning direction and allowing you to check your knowledge of the material. A range of activities and questions throughout the book will help you further test what you have learned, followed by the answers at the end of each chapter so you can learn from your mistakes and solidify your knowledge.
Used by generations of students and professionals across the globe, this industry-leading text provides everything you need to know, to gain a solid understanding of the essential accounting principles and concepts.
Instructors, pair this text with MyLab® AccountingBy combining trusted author content with digital tools and a flexible platform, MyLab personalises the learning experience and improves results for each student. Over 700 questions and problems are available in MyLab which test the ideas in this book, many of which can be used multiple times with a different calculation each time to complete.
If you would like to purchase both the physical text and MyLab Accounting search for:
9781292365510 Frank Wood's Business Accounting 15th Edition with MyLab® Accounting.
Package consists of:
- 9781292365435 Frank Wood's Business Accounting 15th Edition
- 9781292365480 Frank Wood's Business Accounting 15th Edition MyLab® Accounting
- 9781292365473 Frank Wood's Business Accounting 15th Edition Pearson eText
- Part 1 Introduction to financial accounting
- The background and the main features of financial accounting
- Recording transactions
- Inventory
- The effect of profit or loss on capital and the double entry system for expenses and revenues
- Balancing-off accounts
- The trial balance
- Multiple-choice questions: Set 1
- Part 2 The financial statements of sole proprietors
- Income statements
- Balance sheets
- Income statements and balance sheets: further considerations
- Accounting concepts and the conceptual framework
- Part 3 Books and transactions
- Books of original entry and ledgers
- Cash books
- The analytical petty cash book and the imprest system
- Accounting for sales, purchases and returns
- The journal
- Value added tax (VAT)
- Multiple-choice questions: Set 2
- Part 4 Adjustments to financial statements
- Maths for accounting
- Inventory valuation
- Bad debts, allowances for doubtful debts, and allowances for prompt payment discounts
- Capital expenditure and revenue expenditure
- Depreciation
- Accruals and prepayments
- Multiple-choice questions: Set 3
- Part 5 Controls, checks and errors
- Control accounts
- Bank reconciliations
- Errors not affecting the balancing of the trial balance
- Suspense accounts and errors
- Single entry and incomplete records
- Scenario questions
- Part 6 Further accounting procedures
- Introduction to the statement of cash flows
- Receipts and payments accounts and income and expenditure accounts
- Joint ventures
- Multiple-choice questions: Set 4
- Part 7 Accounting for partnerships
- Partnerships
- Goodwill for sole proprietors and partnerships
- Revaluation of partnership assets
- Partnership dissolution
- Part 8 Accounting for companies
- Introduction to accounting for companies
- The published financial statements of companies
- The statement of cash flows for companies
- Part 9 An introduction to financial analysis
- Accounting ratios
- Analysis and interpretation of financial statements
- Part 10 Accounting today
- Accounting today
- Multiple-choice questions: Set 5
- Appendices
- Answers to review questions
- Answers to multiple-choice questions
- Glossary
Prepare for your exams and learn essential accounting techniques with this bestselling introduction to financial accounting
Frank Wood's Business Accounting, 15th edition, by Alan Sangster and Lewis Gordon is the world's bestselling textbook on bookkeeping and accounting. It is an uncomplicated introduction to what financial accounting is and does, teaching important accounting ideas and methods and using a straightforward style that is easy to digest whether you are new to accounting or not.
Used by generations of students and professionals across the globe, this book provides clear explanations of essential principles and concepts you need to have an understanding of accounting, including the meaning of important terminology, fundamental bookkeeping and accounting techniques, the key financial statements, and the crucial importance of accounting in any business.
Key features of the book include:
- Easy to digest format where topics are explained in short chapters
- Regular in-chapter activities ensure you can practise and apply what you are learning, with answers provided in the book
- Three brand new chapters on the financial statements of companies, each one incorporating a bank of new end-of-chapter questions, provide significantly enhanced coverage of this all-important topic
- Integrated, up-to-date coverage of relevant International Financial Reporting Standards (IFRS)
- Extensive updates to several chapters to reflect the latest developments, including the IASB's Conceptual Framework for Financial Reporting 2018.
- Review questions, over 100 of which are new for this edition, along with five extensive sets of multiple-choice test questions and a set of scenario questions, encourage active learning of core accounting and bookkeeping topics
Also available with MyLab Accounting
MyLab™ Accounting is the teaching and learning platform that empowers you to reach every student. By combining trusted author content with digital tools and a flexible platform, MyLab personalises the learning experience and improves results for each student.
‘A well-structured, easy-to-read introduction to the subject. Packed full of examples, it is a must have for students and professionals alike.'
Dr Sarah Borthwick, Edinburgh Napier University
Alan Sangster is Professor of Accounting History at the University of Aberdeen and was previously Professor of Accounting at universities in the UK, Brazil and Australia.
Lewis Gordon is Senior Lecturer in Accounting at the University of Liverpool, and has extensive experience of teaching financial accounting at undergraduate and professional levels.
Frank Wood was the original author of this text and remains one of the world's best-selling authors of accounting textbooks.
Pearson, the world's learning company.
- The text's accessible nature will facilitate your teaching process, even for students who have never studied accounting before.
- The content covers the fundamental accounting techniques and essential financial statements, as required by the major professional accountancy bodies.
- The learning objectives and outcomes at the start and end of each chapter set the context for your teaching and help you manage learning expectations for your students.
- A range of in-chapter activities encourages your students to practice and self-test their understanding of the subject, followed by answers at the end of each chapter.
- An additional range of short in-chapter activities with answers provided at the end of each chapter, integrates theory with practical application, allowing your students to self-test their learning and develop critical thinking skills.
- Over a hundred new, end-of-chapter review questions support your students' learning of core accounting and bookkeeping methods and principles.
- An additional series of scenario questions along with five new sets of multiple-choice questions, allow your students to self-test their knowledge and assess their understanding of the topics.
- An updated, full set of solutions is provided, some within the book and some as a download available for lecturers, found in the Solutions Manual.
- Three new chapters on accounting for companies have been added, with a set of new end-of-chapter review questions, providing an extensive discussion of companies' financial statements.
- Updated principles and methods according to the latest International Financial Reporting Standards (IFRS) provide more accurate information and a closer alignment with the latest professional practices.
Produktdetaljer
Biografisk notat
Alan Sangster is a Professor of Accounting History at the University of Aberdeen and was previously a Professor of Accounting at universities in the UK, Brazil, and Australia.
Lewis Gordon is Senior Lecturer in Accounting at the University of Liverpool and has extensive experience teaching Financial Accounting at undergraduate and professional levels.
Frank Wood was the original author of this text and remains one of the world's best-selling authors of accounting textbooks.