This is a title for a generic second year accounting course. It is approachable without sacrificing content. The title 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 title cover financial reporting, balance sheets, income statements, owners' equity, group accounts and cash flow statements. The title is in keeping with the changes to GAAP that are currently being implemented in order to bring SA in line with international trends.

Contributions by: Piet de Wit, Wessel Pienaar, John Voght