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Accounting and Finance for Non-Specialists Paperback – 24 Jun 2008

4.4 out of 5 stars 33 customer reviews

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Product details

  • Paperback: 592 pages
  • Publisher: Financial Times/ Prentice Hall; 6 edition (24 Jun. 2008)
  • Language: English
  • ISBN-10: 0273716948
  • ISBN-13: 978-0273716945
  • Product Dimensions: 2.5 x 20.3 x 24.8 cm
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (33 customer reviews)
  • Amazon Bestsellers Rank: 403,106 in Books (See Top 100 in Books)
  • See Complete Table of Contents

Product Description

From the Back Cover

The sixth edition of this successful text introduces the basic principles and underlying concepts of accounting and finance. It adopts a practical yet non-technical approach, making it ideal for students who are new to accounting terminology.

Demonstrating how the decision making process can be improved through the informed use of accounting statements and financial information, the text has a 'user' perspective, placing the student in the role of decision maker.

In its sixth edition, Accounting and Finance for Non-specialists has been fully updated and revised, and boasts a number of key features:

  • A lively presentational style with extracts from newspapers and company reports to provide a real-life context.
  • New and updated Real World boxes demonstrate the practical application and value of concepts and techniques learnt. 
  • An 'open-learning' approach with numerous activities, worked examples and questions interspersed throughout the text to aid understanding makes the book ideal for self-study.
  • Fully incorporates International Financial Reporting Standards, which are crucial to the European and global business arena.
  • The decision making focus on the use of accounting information rather than the preparation is highly appropriate for tomorrow's business managers.

Accounting and Finance for Non-specialists, sixth edition is aimed primarily at students who are not majoring in accounting or finance but who are studying introductory level accounting as part of their course.

The text is supported by MyAccountingLab, a completely new type of educational resource. MyAccountingLab complements student learning by presenting the user with a study plan that adapts and customises to the student's individual requirements as they progress through online tests. Students can also practice problems before taking tests, and because most of these are algorithmically driven, they can practice over and over again without repetition. Additionally, students have access to an eBook, animated guides to various key topics, and guided solutions, all of which are designed to help them overcome the most difficult concepts. Both students and lecturers have access to gradebooks that allow them to track progress, and lecturers will have the ability to create new tests and activities using the large number of problems available in the question database.

The authors

Peter Atrill is a freelance academic and author working with leading institutions in the UK, Europe and SE Asia. He was previously Head of Business and Management at the University of Plymouth Business School.

Eddie McLaney is Visiting Fellow in Accounting and Finance at the University of Plymouth.

Visit the companion website at www.pearsoned.co.uk/atrillmclaney

About the Author

Peter Atrill is a freelance academic and author working with leading institutions in the UK, Europe and SE Asia. He was previously Head of Business and Management at the University of Plymouth Business School.

Eddie McLaney is Visiting Fellow in Accounting and Finance at the University of Plymouth.

--This text refers to an out of print or unavailable edition of this title.


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Customer Reviews

Top Customer Reviews

Format: Paperback
I disagree with the other reviews. It's title says it all. The book covered a four week segment of an on-line course I am doing. To me it covers all of the areas in an informative and understandable way. It is not intended to be a bookeepers bible therefore does not go into detail of "T" accounts. Combined with good teaching, research and discussion it will certainly enable non-accountants to get a grasp of the subjects of accounting and finance.
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Format: Paperback
Would not recommend this book to non-specialists looking for an overview of Accounting & Finance. It is a tedious read and the examples are unclear, split across pages and jump from one stage to the next without proper explanation. Not a very helpful book at all.
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Format: Paperback
Having recently completed a six month accountancy course, with this book as the primary text I can only recommend it to those with no prior grounding in the subject and studying at a very basic level.
It provides the very basics required to compile cash flows, profit and loss accounts and vertical balance sheets but is not sufficiently in depth to be of major use in the analysis of real world company financial statements or indeed to create ones own.
It would benefit greatly by expanding into the use of T-accounts, double entries and more thorough consideration of the horizontal balance sheet method.
That said it is saved from being a two star book by merit of a good chapter on the basics of investment appraisal and some excellent worked examples.
Overall rather dry and recommended only to those with no prior experience.
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Format: Paperback
This book is a good text book for the student who is new to Financial systems. As a non-specialist, I need all the help I can get! However, this book is a little dry and some of the explanations are not clear. Good for the basics, but very boring.
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Format: Paperback
Ignore everything everyone else has said about this book. The title says that the target audience are non-specialists and as a non-specialist this book gave me a fantastic introduction to accounting and finance. The authors live up perfectly to their task and give enough detail for a beginner like me to get a good grounding in accounting and finance. Their writing style is uncomplicated (very easy to follow). At the end of each section I felt that I have gained in understanding the subject. Other books which I will acquire afterwards will give more detail and be more in-depth. This book can be judged by its cover and I recommend it highly to non-specialists, especially beginners.
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Format: Paperback Verified Purchase
I bought this book as a required course literature. I would say it's pretty good if you have no background knowledge. The writers exhibit clear ideas and good reasoning. But it is indeed, as indicated in the name, for non-specialists because the content is quite shallow.
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Format: Paperback Verified Purchase
My background is IT and I had to study accounting during my MBA course. I was a bit afraid of the overall process in general, it proved to be much simpler that I thought. The book is a great start and I really liked the simple and concise examples.
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Format: Paperback
I bought this book as a mandatory text book for my MBA and, although it doesn't deserve a bad review, it is difficult to give it a very good one either.

Firstly, it has to be said it's probably difficult to write an interesting book about accounting - the subject matter is, by definition, quite dry. But I don't feel the authors really make much of an effort to make it more interesting or upbeat.

Saying that, the material covered is wide and goes into some depth, on both financial and management accouting, with roughly half the book dedicated to each. On a few occasions, I really found myself struggling to keep up with the examples. It wasn't just the content, but they often seem to make some jumps from one figure to another without explaining why they are actually doing it, I found myself often flipping between two or three pages to follow what they had said. When I finally gave up and referred to my tutor, the thing that had kept me banging my head against the desk was very simple, and it turned out it was just badly explained. They also have a very annoying habit of referring to a "car" as a "motor car" and this just kind of adds to an "old school" feel for the book.

Often, I found myself reading the introductions to the concepts but then getting alternative explanations from the internet. The concepts are not that hard once you get a feel for them, and I think overall the book could make more of an effort to connect with the reader, and I again get an impression of a stuffy school teacher stuck in the 60s.

But once you get past the niggles, which I appreciate are just subjective - the book covers a wide range of topics, with many many questions at the end of each chapter to test your knowledge.
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