Accounting: Understanding and Practice by Robert Perks and Danny Leiwy provides a gentle introduction to the complexities of accounting. An evolution of the successful textbook Financial Accounting: Understanding and Practice, this new edition has been enhanced to provide more emphasis on Management Accounting topics, with new material that has been structured in line with current teaching in introductory accounting modules. Fully revised throughout, the whole text has been thoroughly updated in accordance with the International Financial Reporting Standards. Ample practice illustrations and examples help present the subject in relation to a business world to which readers can easily relate.