Principles of Financial Accounting

This easy-to-read text will give students the grounding they need to understand the principles of financial accounting. Whilst it provides a sound theoretical foundation of the subject area this new edition also emphasises the preparation, analysis and application of accounting statements in the context of the modern business organisation.<>Key Features<>- End-of-chapter review questions and exercises with answers.<>- Checkpoint questions throughout, solutions also included.<>- Definitions of all key terms and easy-reference glossary. <>- New! greater prominence given to the limitations of the accounting model. <>- New! chapter on the accounts of charities.<>- New! chapter summarising the preparation of financial statements.<>- New! chapter on computerised accounting.<>- New! expanded coverage of auditing.<>- New! updated section on the recognition of profit.<>- New! Companion Website with excellent resources for both students and lecturers e.g. multiple choice questions, comments on recent press reports and downloadable instructor's manual.<><>Principles of Financial Accounting is ideal for students taking an introductory course or module in financial accounting.<>Ian Gillespie was formerly Academic Director of Validation Services at the European Business School, London and Academic Leader, Regents Business School, London.<>Richard Lewis was formerly Professor of Accountancy at the University of Wales and is now Co-Director of the Centre for Higher Education Research and Information (CHERI) and President of the International Network for Quality Assurance Agencies in Higher Education (INQAAHE).<>Kay Hamilton was formerly Accounting Subject Leader at the European Business School, London.Gillespie, Ian is the author of 'Principles of Financial Accounting', published 2004 under ISBN 9780273676300 and ISBN 027367630X.