Author Description

Accounting 6th edition continues the strong reputation established by this leading Australian text as the most comprehensive book for students studying introductory accounting at either undergraduate or postgraduate programs. The new edition is ideal for accounting and non-accounting majors alike illustrating the applications of accounting and its role in making business decisions. Accordingly, material on the accounting process and the regulatory environment has been thoroughly updated in line with the new IFRSs and the equivalent Australian accounting standards. The previous editions were renowned for the number of exercises and problems, and the new edition builds upon this superior teaching feature. The aim of the exercise material is to encourage student confidence in using accounting through the development of skills in decision-making, critical thinking, ethical thinking, analysis and communication. NEW TO THIS EDITION IASs referenced before equivalent AAS. New improved design for student ease and readability Financial Accounting 6th edition contains a unique chapter on the dissolution of partnerships that is not found in Accounting 6th edition. All content has been updated to accord to the latest accounting standards and terminology. Income Statement, formerly known as the Statement of Financial Performance ore Profit and Loss Statement, and Balance Sheet, formerly known as the Statement of Financial Position are used throughout. End of chapter exercises and problems are clearly identified as service, retail or manufacturing through the use of a margin icon. And all questions and problems can be GST non-compliant or compliant. End of chapter problems have been coded according to the level of difficulty and time they take to complete. Questions for Review have been integrated into the body of the text to promote mastery of the concept before progressing on to the next learnin