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Financial Accounting (MTBE)
 
 

Financial Accounting (MTBE) (Paperback)

by Anne Britton (Author), Chris Waterston (Author)
2.3 out of 5 stars  See all reviews (3 customer reviews)

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Product details

  • Paperback: 342 pages
  • Publisher: Financial Times/ Prentice Hall; 3 edition (26 Feb 2003)
  • Language English
  • ISBN-10: 027365859X
  • ISBN-13: 978-0273658597
  • Product Dimensions: 24.9 x 19 x 1.9 cm
  • Average Customer Review: 2.3 out of 5 stars  See all reviews (3 customer reviews)
  • Amazon.co.uk Sales Rank: 230,612 in Books (See Bestsellers in Books)
  • See Complete Table of Contents

Product Description

Product Description

Developed out of the MTBE series in Business and Economics this thoroughly revised third edition of Financial Accounting successfully combines an academic, conceptual approach to the subject with an accessible, student friendly and interactive style. This new text adopts a questioning attitude to the subject, asking why accounting practices exist and how they work, without lingering on the technicalities. Increased in length, depth and coverage, for those that favour the ‘why’ over ‘how to’ approach, Financial Accounting is now the ideal introductory core text for first year financial accounting students.

 



From the Back Cover

Financial Accounting

Third edition

By Anne Britton and Chris Waterston

Financial Accounting

successfully combines an academic, conceptual approach to the subject with an accessible, student-friendly and interactive style. The text adopts a questioning attitude to the subject, asking why accounting practices exist and how they work, without lingering on the technicalities. The third edition has been revised to update existing material, especially for FRS 18, and to introduce new topic areas, notably e-accounting and the increasingly important issue of revenue recognition.

Increased in length, depth and coverage, for those who favour the ‘why’ over ‘how to’ approach, Financial Accounting is now the ideal introductory core text for first-year financial accounting students.

New to the third edition

  • New topic areas have been introduced including e-accounting and revenue recognition.
  • A greatly increased variety of self-assessment questions and exercises, with answers, to facilitate self-paced learning.
  • All chapters now include a list of key terms highlighted in the text.
  • Glossary of key definitions.

A companion website supports this book, providing a full resource pack for both lecturers and students, including downloadable lecturers' material, further questions with answers, a list of suggested web links and a bank of self-marking multiple-choice questions for students.

Financial Accounting

is ideally suited for students taking accounting courses at both undergraduate and postgraduate level. This book will also be a suitable introduction to the subject for those who intend to continue studies in professional accounting.

Anne Britton is Assistant Dean and Head of School of Accounting and Finance at Leeds Metropolitan University, and Chris Waterston is a Principal Lecturer in the same School. They are both experienced teachers and writers.

Companion website screenshot.


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Customer Reviews

3 Reviews
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Average Customer Review
2.3 out of 5 stars (3 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

 
4 of 5 people found the following review helpful:
4.0 out of 5 stars Very simple to understand, 21 Feb 2003
By J. Mac - See all my reviews
(REAL NAME)   
I bought this book as it was the recommended text for the accountancy module I was doing. The book is very simple to understand, everything is clearly set out (for example, the layout of the balance sheet and profit and loss), with examples and questions so you can practice.

The only fault I can think of is it is boring to read, as in the appearance of the text, this doesn't do you any favours when you're like me and find accountancy boring.

I would recommend this book for people who have never done accountancy before and want to learn the basics.

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1 of 2 people found the following review helpful:
1.0 out of 5 stars don't buy this book!, 3 May 2008
By Ethan (London) - See all my reviews
This review is from: Financial Accounting (Paperback)
This book easily qualifies as my top 5 worst books read ranking! Inconsistency, errors, ambiguity... you name it! The authors should reassess their writing skills and ability to teach pass down knowledge to others.
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2.0 out of 5 stars Too many faults, 16 Oct 2009
By J. Daniels - See all my reviews
(REAL NAME)   
This review is from: Financial Accounting (Paperback)
I liked this book.
The chapters are easy to digest and added to my course I could really pin-point my needs and take exactly what I need from the book.

The problem is the errors and mistakes, and there is a lot.
The worst problem is most of the mistakes are in the answer section of the book.

So, done your first balance sheet? feeling confident? Double check the requirements; Bank Overdraft: £15,000. Check. Let's see how you did.
Bank Overdraft £57,000 in the answer?!?! what?!?! how?!?! Did I miss something? Am I stupid? what huge error did I make and why is there no trace of it?
Well, after 15 minutes I realised, they mistook Bank Overdraft and Creditors and somehow swapped them around.

You really don't need those kinds of mistakes in the answers, they're not reassuring at all.
It wasn't just that chapter either. FIFO has errors. Unfortunately, that's as far as I've come.
Be sure to go through the answers with someone. The book is unreliable.
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