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Aidan Berry and Robin Jarvis have used their experience to keep the
traditional key elements that have made this such a successful text and
have added these new features for the 4th edition:
- More questions and examples with answers throughout the text will help
you to practise and gain confidence for succeeding in your course
- Coverage of International Financial Reporting Standards (IFRS) where
relevant and adoption of new IFRS terminology- an essential element for
today's courses
- Engaging case studies throughout the text put the theory into real-world
practice, using actual accounts from organisations such as Manchester
United, Body Shop and Thorntons
- A new chapter on management of working capital
- Expanded coverage of activity based costing and new techniques such as
target costing
- Expanded coverage of finance to include sources of finance, short-term
financing and financial risk management
The companion website that accompanies the book takes you beyond the text
and allows you to carry out extra revision to help you flourish in your
course. Taking on board the opinions of many of your lecturers it has been
newly revised for this edition and contains the following resources:
- Excel worksheet examples
- Multiple choice test bank
- Web links
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It also comes recommended by my accounting department as the best book for people trying to start learning accounting techniques
Furthermore, analysis of the main financial staments BS and P&L also requires a good grounding in double entry and a thorough knowledge of the four main concepts in SSAP2.
This book makes a dull subject bearable by contextualising accountancy allowing readers to apply the concepts in real life and also provides a conceptual framework to guide their judgements when they are trying top decide whether something is a debit or credit, income,expense, liability or asset.
It is particularly effective in teaching readers how to discern accruals or prepayments.
It provides case studies showing accounts of well known British PLCs and gets you thinking in an accounting fashion. It should be used in combination with a good financial dictionary and CIMA texts of which BPP are probably the best.
As with all reviews you can never be sure whether a book is as good as its review but you know the only way you will find out.
You will not be dissapointed, well worth the money.
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