Introduction to Accounting (2nd edition)

ISBN : 9780198849964

Peter Scott
704 ページ
195 x 265 mm

Practical and crystal clear, the second edition of Peter Scott's Introduction to Accounting and its accompanying online resources provide a supportive introduction to the subject, guiding students towards self-led practice. Reflecting current International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS), and with coverage on both financial and cost and management accounting, the author walks the student carefully through the essential material to ensure they develop a solid foundation for more advanced modules. Scott's lively writing style sets the numerical content within an easy-to-follow narrative, and the relevance of each tool or technique is explained at every turn. A multitude of worked and real-life examples help students to connect with the concepts, while each chapter ends with questions that are tiered according to difficulty to help students verify that they have mastered the essentials before progressing. Readers are directed towards additional support and exercises throughout to further encourage active participation and to prompt them to assess and consolidate their knowledge. Digital formats and resources: The second edition is available for students and institutions to purchase in a variety of formats, and is supported by online resources. The e-book offers a mobile experience and convenient access along with functionality tools, navigation features, and links that offer extra learning support: www.oxfordtextbooks.co.uk/ebooks Online student resources supporting the book include: - Interactive multiple-choice-questions for revising key topics; - Numerical exercises for practicing the calculation of accounting information from given sets of data; - 'Go back over this again' feature containing a mix of further examples, written exercises, true or false questions, and annotated accounting information to help consolidate learning and revise or revisit concepts; - 'Show me how to do it' videos that provide practical demonstrations of dealing with more complex accounting tasks; and - Web links for primary source material and articles through which readers can learn more about the companies and organizations discussed in the book. Online lecturer resources supporting the book include: - Quizzes. A test bank of over 500 ready-to-use questions, written specifically to match the book's content, giving lecturers the flexibility they need to manage, set and develop quizzes tailored to their course, and automatically graded to save time marking; - Gradebook. Automatically grades student responses to quizzes, while its visual heat maps provide at-a-glance information about student achievement and engagement; and - Course content. Additional material to support teaching, including a large double-entry case study, PowerPoint slides, and more examples and solutions.


1 Introduction
Part One: Financial Accounting
2 The statement of financial position
3 The income statement
4 Double-entry bookkeeping 1: Debits, credits, T accounts, the trial balance and the financial statements
5 Double-entry bookkeeping 2: Books of prime entry, accounting systems and other double entry applications
6 The statement of cash flows
7 Business organizations and the financing of business
8 Ratio analysis 1: Profitability, efficiency and performance
9 Ratio analysis 2: Liquidity, working capital and long term financial stability
Part Two: Management Accounting
10 Cost and management accounting in context
11 Product costing: Absorption costing
12 Relevant costs, marginal costing and short-term decision making
13 Standard costing and variance analysis
14 Budgeting
15 Process costing
16 Capital investment appraisal
17 Corporate governance and sustainability