The book is divided into two volumes.
Volume 1 deals with the concepts, principles and procedures of financial accounting. Volume 2 (suitable for NQF level 6) deals with accounting for partnerships, close corporations, branches and manufacturing entities. Volume 2 also covers some management accounting principles such as budgets and the analysis and interpretation of financial statements. It introduces the reader to companies and discusses ordinary shares and different types of preference shares, the calculation of dividends in respect of the different share types, conversions and debentures issues at par, at a discount and at a premium.
This edition has been updated with the March 2018 Conceptual Framework and introduces International Financial Reporting Standards (IFRSs) to readers. The standards that are covered in Volume 2 are IAS 1 (presentation of financial statements), an introduction to financial instruments, and IAS 7 (cash flows).
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Review This Product
Tue, 5 Jul 2022 | Review
by: Jos P.
Needed for Study. Delivery was very quick and professional though
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Tue, 12 Jul 2022 | Review
by: Curtis N.
This book is the gateway to further tertiary level accounting. Covers Financial Statements for partnerships, close corporations, cash flow statements. All according to IFRS standards.
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Very informative and in depth
Sun, 17 Jul 2022 | Review
by: Sandhir O.
Very informative and in depth
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Amazing read!
Thu, 18 Aug 2022 | Review
by: Tshelane M.
I've had to supplement my prescribed textbook for Accounting and I must say, this book is now my source of information. I recommend that anyone who is considering buying it buy it.
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