The seventeenth edition of Accounting Standards introduces students to the principles of the International Financial Reporting Standards.

Changes brought about by new and revised standards have once again been incorporated in this latest edition, mainly relating to the new IFRS 16 on leases. The accounting principles are illustrated through questions that gradually increase in their degree of difficulty. This approach facilitates the students’ understanding of these principles and allows them to get to grips with financial statements in a practical manner.

This edition of Accounting Standards is intended to satisfy the students’ requirements while at the same time reducing the lecturers’ workload.

The world of corporate finance, and in particular the accounting profession, have undergone serious scrutiny and have been affected by the financial crisis - internationally and locally - over the last few years. In writing the 7th edition of Financial Management, the authors have taken into account important developments including the new Companies Act, King III and the SA Competency Framework. It explains the long-term impact that they have on corporate finance and focus on developments in capital markets, tax legislation, ethics and professionalism, strategy, risk management and governance, as well as the integration of information technology (with specific reference to the SA Competency Framework). In addition, real work examples have been added, with existing examples being updated and/or expanded on. The authors have also expanded on the professional examination sections, in particular the questions from SAICA's board exams (Part I and II). In short, a high level of integration within the area of financial management is contained in this new edition.

The purpose of this book is to set out the basic principles and conceptual issues of the International Financial Reporting Standards (IFRS).

Auditing Fundamentals in a South African Context is a practical, applied and engaging introductory textbook that supports students throughout the undergraduate level of the Auditing curriculum.

Features:

• Learning outcomes serve as a guide to the content.
• News articles demonstrate the relevance, practical application, and real-life nature of the concepts in the chapter. They also build a broader understanding and awareness of the dynamic business environment.
• Source documents provide examples of actual company records and documents, financial statements and reports, letters, working papers and other documents issuing from the running case study.
• These documents assist students to visualise and understand the purpose within the audit process, and to understand how principles are applied in practice.
• Explanations of key terms assist readers to comprehend technical terminology clearly, and to understand the material effectively.
• End-of-chapter questions enable readers to test their understanding of key concepts throughout the text.