Core Principles of Accounting contains a strong African perspective
and begins with a chapter on the development of accounting, which
describes how accounting developed in Africa, looks into the
different accounting bodies in South Africa and their operations,
the advent of technology and the future of accounting. The textbook
includes the latest definitions in accounting as per the Revised
Conceptual Framework of the IASB (2018b), as well as the newly
promulgated standard on revenue recognition (IFRS 15).
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