Product Description This is a comprehensive book for a generic 2nd-year accounting course. It is approachable without sacrificing content. The book uses a concepts-based approach and incorporates worked examples, definitions in the margins, chapter summaries, which are linked to outcomes, and website references.The various parts of the book cover financial reporting, balance sheets, income statements, owners' equity, group accounts and cash flow statements. The book is in keeping with the changes to GAAP that are currently being implemented in order to bring SA in line with international trends. A questionand solutions bank will be available in October of 2005 and a set of PowerPoint slides and an instructor's manual will be developed in 2006. About the Author Professor Alex Watson is an associate professor in the Department of Accounting at UCT. An adjudicating member on the Ernst and Young Excellence in Financial Reoprting panel, she is also a director of Coronation Holdings and a lecturer on Cape Town's Institute of Chartered Accountants boardexamination course.