This book caters for first-year students pursuing undergraduate accounting programmes. The content is written based on the latest generally accepted accounting practices. In addition to the general understanding of the purpose of financial reporting and the conceptual frameworks adopted in modern accounting, this textbook also provides comprehensive coverage of the processes involved in contemporary accounting functions as well as the use of accounting information for financial and business decision-making.
Although this textbook is written with accounting students in mind, it is also a good reference for students pursuing any business programme with introductory accounting courses. The book offers step-by-step solutions, supplemented with explanations, which are ideal for non-accounting students seeking to gain basic accounting knowledge.