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Frank Wood's Business Accounting Volume 2 Paperback – 29 Mar 2012

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Product details

  • Paperback: 856 pages
  • Publisher: Financial Times/ Prentice Hall; 12 edition (29 Mar. 2012)
  • Language: English
  • ISBN-10: 0273767798
  • ISBN-13: 978-0273767794
  • Product Dimensions: 19.1 x 3.1 x 24.6 cm
  • Average Customer Review: Be the first to review this item
  • Amazon Bestsellers Rank: 744,730 in Books (See Top 100 in Books)
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Product description

From the Back Cover

The Frank Wood books have taught generations of accounting students how to think and act as accountants. Now in its 12th edition, Business Accounting Volume 2 continues to offer an indispensible guide for any accounting student. Financial accounting, financial reporting, financial analysis, and management accounting concepts are all covered in this accessible, practical text.

The 12th edition is updated to be fully compliant with International Financial Reporting Standards (IFRS), and with current IFRS terminology.

New to this edition:

  • Coverage of forensic accounting

  • 50 new examples to test your understanding

  • MyAccountingLab now available with this text to aid your learning

Updated and expanded in this edition:

  • Combined group accounts

  • E-business and e-commerce

  • Public sector accounting

  • Corporate governance

  • Absorption and marginal costing

Additionally, lecturers will find an online solutions manual featuring fully-worked solutions to questions from the text, a brand-new PowerPoint presentation, and a comprehensively revised and updated bank of exam questions.

The text is supported by MyAccountingLab (, an online tutorial and assessment solution. With more than 300,000 registered students in 2010 doing four million assignments, MyAccountingLab is the most effective and reliable learning solution for accounting available today.


  • A personalised study plan for each student

  • Guided solutions that show how to solve a problem, step by step

  • Exam-board-style questions

  • An eText for quick reference

We recently polled 10,000 student users of MyAccountingLab from around the globe in 2010:

  • 92% of students said that MyAccountingLab learning aids helped them while completing homework and/or preparing for exams

  • 89% of students said that MyAccountingLab helped them earn a higher grade.

  • 92% of students would recommend MyAccountingLab for future courses.

Business Accounting Volume 2 is used on a wide variety of courses in accounting and business, both at secondary and tertiary levels for those studying for professional qualifications.

About the Author

Alan Sangster is a chartered accountant (ICAS) with an undergraduate degree in Business Studies, a master’s degree in Operational Research, and a PhD in accounting education. He has worked at Glasgow Caledonian University; the University of Strathclyde; Aberdeen University, The Queen’s 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.

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