With a clear and comprehensive style, this text leads readers through their studies of Financial Accounting step-by-step, perfectly balancing theory and real-life practice.

It includes topical coverage of corporate governance, international accounting standards, statement of principles (SOP), e-business, and information technology as they apply to financial accounting.

This lively and up-to-date text is perfect for introductory financial accounting modules delivered as part of a business degree or MBA programmes and is full of examples, exercises and cases studies to aid students' understanding of the subject.