In response to extensive feedback from reviewers, the fourth edition of this established and popular text has been thoroughly updated to meet the needs of the modern business student.  It presents a comprehensive range of topics, but avoids too much detail and unnecessary mathematical analysis, focusing more on the practical application of financial management and its role in decision-making.  The numerous examples, activities and exercises make this a stimulating and appealing choice for all students of accounting and finance, as well as those studying accounting or finance as part of a business degree.  

A comprehensive introduction to the basic principles and underlying concepts of financial accounting, this extremely student-friendly text is praised for its clear and uncluttered style.  Accessible and interactive it has a clear focus on how accounting information can be used to improve the quality of decision making by those outside the business. 

The book has a strong practical emphasis, with plenty of examples taken from the real world as well as numerical examples with step-by-step explanations.  It adopts an appropriate level of detail for introductory courses, avoiding too much emphasis on technical aspects, focusing instead on the use of accounting information.