The fifth edition of this revised and fully updated text continues to provide students with a clear and well-structured introduction to financial accounting within a sound conceptual framework and is now available with MyAccountingLab!

The book retains all of the classic features that have contributed to the book’s success: clarity of expression, the focus on the accounting equation, student activities and real-life commentaries running through each chapter, and the inclusion of the Safe and Sure Annual Report as an example of a listed company. There is a strong emphasis on the Conceptual Framework of the International Accounting Standards Board and on the 'why' rather than simply the 'what' of the subject. The underpinning conceptual framework focuses on the needs of users of financial information.  

What is MyAccountingLab?
It is an online tutorial and assessment system that has been gaining popularity with students and instructors across the globe for over ten years. With more than 300,000 registered students in 2010 doing 4 million assignments, MyAccountingLab is the most effective and reliable learning solution for accounting available today. Features include:

• A personalised study plan for each student
• A bank problems which can be used for self-study or assigned by instructors as homework, tests or quizzes and which are automatically marked
• Learning aids which help guide students step-by-step through solving a problem and provides them with instant feedback
• An annotatable eBook for quick reference and convenience
• Exportable gradebook

To learn more, visit www.myaccountinglab.com