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Frank Wood's Business Accounting: Volume 1 Paperback – 4 Aug 2011
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From the Back Cover
Wood and Sangster
Business Accounting Volume 1¸ 12th edition
A benchmark for all accounting books.
Sarah Knight, former Finance Courses Coordinator, Huntingdonshire Regional College
The writing style of the book is spot-on and just the right tone well done! I consider all chapters to be at the appropriate level, very practical and structured in manageable bite-sized chunks.
Alison Fox, Lecturer, University of Dundee
The worlds best-selling textbook on book-keeping and accounting, Business Accounting Volume 1 continues to provide an indispensible introduction for students and professionals across the globe. It is renowned for clarity, with easy-to-understand language and a plethora of examples to aid your understanding.
The 12th edition is updated to be fully compliant with International Financial Reporting Standards (IFRS). Other updates include new coverage of professional ethics, disaster recovery, and over 70 new examples to test your understanding.
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Business Accounting Volume 1 is used on a wide variety of courses in accounting and business, both at secondary and tertiary levels and for those studying for professional qualifications.
About the Author
Alan Sangster is a chartered accountant (ICAS) with an undergraduate degree in Business Studies, a masters degree in Operational Research, and a PhD in accounting education. He has worked at Glasgow Caledonian University; the University of Strathclyde; Aberdeen University, The Queens University, Belfast; the Open University; the Robert Gordon University; and Middlesex University. He has published over 50 articles and book chapters and has presented his research at over 100 conferences. He is professor emeritus at Middlesex University, London, and is an international visiting professor at the University of S©o Paulo, Brazil and at the University of Minho, Portugal. His research interests lie in accounting systems, accounting education, accounting practice, and accounting history, where his focus is upon accounting and business practice from 1200 to 1900 and, in particular, the life and work of Fra Luca Pacioli. He has been co-author of Business Accounting and A-Level Accounting since 1994 and will be editor of Accounting Education: an international journal from 2012.
Top customer reviews
Here are some examples of the errors from the Answers to the Review Questions at the back of the book:
Cash at Bank 8,000 - should be 8,300
Capital Balance at 1/8/16 100,000 - should be 60,000
Net Profit therefore 5,000 - should be 45,300
Balancing figures 88,000 - should be 88,300
Trial balance total 7,490 - should be 8,490
Motor expenses 18,600 - yet question states 1860
There are numerous other errors but I haven't got the the time to list them all here
I am an accounting student and I happily recommend this book.