Financial Accounting Practice and Principles
Financial Accounting Practice and Principles by Jan Bebbington, published by Thomson Learning in 2001, is a comprehensive resource designed for undergraduate accounting students. This third edition, spanning 452 pages, presents a systems-based formula for teaching financial accounting that has garnered academic recognition in its previous editions. The book emphasizes a streamlined and user-friendly approach, incorporating an in-depth worked example from an actual partnership to illustrate the accounting issues relevant to partnerships, a key topic for accreditation.
Readers will find that this edition employs a threefold approach to financial accounting, situating it within an organizational context and deriving a systematic method for constructing financial statements. The text also aims to connect traditional introductory financial accounting with broader accounting theory issues. With its focus on business and economics, particularly in the realms of financial and accounting practices, this book serves as a valuable tool for those pursuing studies in these fields.
Official synopsis Publisher
The successful systems based formula for teaching financial accounting that gained such academic acclaim in its first and second editions, is back! Financial Accounting remains the student’s favourite! The third edition is more streamlined, more user friendly and even more accessible. An in-depth, worked example from an actual partnership, brings alive for students the accounting issues involved in partnerships, a required topic of accreditation. Financial Accounting is based on a threefold approach: an organizational flow-model is used to locate financial accounting in its organizational context; this model is then used to derive a systematic logical approach to financial accounting and the construction of the financial statements; and the text attempts to forge a firm link between the traditional diet of introductory financial accounting and the wider issues of accounting theory. Financial Accounting is the ideal text for undergraduate Accounting students.
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