Author(s): Denis Bourke & Murray Smart

Business

Principles of Accounting introduces students to the general principles and concepts of accounting, including budgeting and analysis and interpretation of financial reports. It has been written for first year accountancy students studying for the New Zealand Diploma in Business, and thus closely follows the prescription for Accounting Principles 100. It also meets the introductory accounting requirements for the New Zealand Institute of Management Diploma in Management and Advanced Diploma in Management, and the Australasian Institute of Banking and Finance Diploma. This successful and readable book is ideal both for students needing to understand financial statements in order to make business decisions but not intending to become accountants, and for those who will further their studies in accounting and require a solid grounding in the underlying concepts and methods. Principles of Accounting presents in a clear and accessible format: the concepts on which accounting rests, the methods by which accounting events are measured, and the uses to which accounting information is put âÃÂàall in the context of running a business. It helps to demystify the science of accounting, giving an understanding of how financial statements are put together and what they mean. 2nd edition