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Frank Wood's Business Accounting Alan Sangster

Frank Wood's Business Accounting By Alan Sangster

Frank Wood's Business Accounting by Alan Sangster

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Frank Wood's Business Accounting Summary

Frank Wood's Business Accounting by Alan Sangster

Prepare for your exams and learn essential accounting techniques with this bestselling introduction to financial accounting.

Frank Wood's Business Accounting, 15th edition is the world's best-selling textbook on bookkeeping and accounting, ideal for those who are new to the field as well as students and professionals who are more experienced.

With its clear structure and reader-friendly language, it is a comprehensive, easy-to-follow introduction to the principle ideas and methods in business accounting, from the all-important terminology and techniques to the key financial statements.

With updated, enhanced features and review questions, this edition will broaden your understanding of the methods around the subject and create a solid foundation for your knowledge in accounting.

Such features are the Learning Objectives and Outcomes included at the beginning and end of each chapter, giving you a clear learning direction and allowing you to check your knowledge of the material. A range of activities and questions throughout the book will help you further test what you have learned, followed by the answers at the end of each chapter so you can learn from your mistakes and solidify your knowledge.

Used by generations of students and professionals across the globe, this industry-leading text provides everything you need to know, to gain a solid understanding of the essential accounting principles and concepts.

Instructors, pair this text with MyLab (R) Accounting

By combining trusted author content with digital tools and a flexible platform, MyLab personalises the learning experience and improves results for each student. Over 700 questions and problems are available in MyLab which test the ideas in this book, many of which can be used multiple times with a different calculation each time to complete.

If you would like to purchase both the physical text and MyLab Accounting search for:

9781292365510 Frank Wood's Business Accounting 15th Edition with MyLab (R) Accounting.

Package consists of:

  • 9781292365435 Frank Wood's Business Accounting 15th Edition
  • 9781292365480 Frank Wood's Business Accounting 15th Edition MyLab (R) Accounting
  • 9781292365473 Frank Wood's Business Accounting 15th Edition Pearson eText

Frank Wood's Business Accounting Reviews

'A well-structured, easy-to-read introduction to the subject. Packed full of examples, it is a must-have for students and professionals alike.'


Dr Sarah Borthwick, Edinburgh Napier University


'In a competitive market Frank Wood's Business Accounting remains the most consistent and robust text. The changes made in this edition represent a significant improvement, especially in relation to limited company accounts.'


Mark Holmes, Assistant Professor in Accounting, Coventry University

About Alan Sangster

Alan Sangster is a Professor of Accounting History at the University of Aberdeen and was previously a Professor of Accounting at universities in the UK, Brazil, and Australia.

Lewis Gordon is Senior Lecturer in Accounting at the University of Liverpool and has extensive experience teaching Financial Accounting at undergraduate and professional levels.

Frank Wood was the original author of this text and remains one of the world's best-selling authors of accounting textbooks.

Table of Contents

Part 1 Introduction to financial accounting

  1. The background and the main features of financial accounting
  2. Recording transactions
  3. Inventory
  4. The effect of profit or loss on capital and the double entry system for expenses and revenues
  5. Balancing-off accounts
  6. The trial balance
Multiple-choice questions: Set 1

Part 2 The financial statements of sole proprietors

  1. Income statements
  2. Balance sheets
  3. Income statements and balance sheets: further considerations
  4. Accounting concepts and the conceptual framework

Part 3 Books and transactions

  1. Books of original entry and ledgers
  2. Cash books
  3. The analytical petty cash book and the imprest system
  4. Accounting for sales, purchases and returns
  5. The journal
  6. Value added tax (VAT)
Multiple-choice questions: Set 2

Part 4 Adjustments to financial statements

  1. Maths for accounting
  2. Inventory valuation
  3. Bad debts, allowances for doubtful debts, and allowances for prompt payment discounts
  4. Capital expenditure and revenue expenditure
  5. Depreciation
  6. Accruals and prepayments
Multiple-choice questions: Set 3

Part 5 Controls, checks and errors

  1. Control accounts
  2. Bank reconciliations
  3. Errors not affecting the balancing of the trial balance
  4. Suspense accounts and errors
  5. Single entry and incomplete records

Scenario questions

Part 6 Further accounting procedures

  1. Introduction to the statement of cash flows
  2. Receipts and payments accounts and income and expenditure accounts
  3. Joint ventures
Multiple-choice questions: Set 4

Part 7 Accounting for partnerships

  1. Partnerships
  2. Goodwill for sole proprietors and partnerships
  3. Revaluation of partnership assets
  4. Partnership dissolution

Part 8 Accounting for companies

  1. Introduction to accounting for companies
  2. The published financial statements of companies
  3. The statement of cash flows for companies

Part 9 An introduction to financial analysis

  1. Accounting ratios
  2. Analysis and interpretation of financial statements

Part 10 Accounting today

  1. Accounting today
Multiple-choice questions: Set 5

Appendices

  1. Answers to review questions
  2. Answers to multiple-choice questions
  3. Glossary
Index Credits

Additional information

NGR9781292365435
9781292365435
1292365439
Frank Wood's Business Accounting by Alan Sangster
Alan Sangster
New
Paperback
Pearson Education Limited
2021-07-16
840
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a new book - be the first to read this copy. With untouched pages and a perfect binding, your brand new copy is ready to be opened for the first time

Customer Reviews - Frank Wood's Business Accounting