Publisher's Synopsis
Introducing financial accounting, this text gives clear explanations, in straightforward language, with worked examples and a large number of questions and answers.;In the ninth edition of Volume 2, chapters have been updated to reflect changes in the accounting environment and three chapters added on the "Balanced Scorecard", the "Supply Chain and Enterprise Resource Planning Systems", and "e-Commerce and Accounting".;The chapter on discounting techniques has been expanded into two chapters on interest, annuities and leasing, and on capital expenditure appraisal to allow the techniques of capital investment appraisal to be studied independently. The opportunity has been taken to transfer chapters on container accounts, value added statements and investment accounts to the companion web site. New pedagogical features include: learning outcomes linked to revised learning objectives; activities designed to broaden and reinforce students' understanding of concepts; a glossary defining key terms and concepts, referenced to the chapter in which they appear; notes for students to help them with their studies and examinations; and a two-colour design to emphasize key points.