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New to the fourth edition:
■ Fully in line with IFRS, but provides comparative analysis with UK GAAP where relevant.
■ New case study material including extracts from annual reports for companies such as The Body
Shop, Sainsbury's, British Airports Authority, Matalan, Argos, Homebase, Burberry, Ottakers,
Carphone Warehouse and BP.
■ Experience-driven conversations between two managers appear at intervals throughout the text,
providing a valuable insight into the type of interpretative comment which the reader may find
more taxing. These discussions allow a more candid examination of issues and problems within
the subject.
■ Fully redesigned text to aid navigation and understanding for students, including a unique colourcoding system to make technical material more accessible.
■ Activity-based costing, strategic management accounting, the balanced scorecard and benchmarking are included in the main management accounting chapters.
■ The approach to teaching and learning focuses on subject-specific knowledge outcomes and
generic skills outcomes, with end-of-chapter self-evaluation.
■ Questions are graded to test student understanding of chapter content, as well as skills in
straightforward application of knowledge, and skills of problem solving and evaluation.
Financial and Management Accounting: An Introduction is aimed at first-level undergraduates on
business studies degrees taking introductory financial accounting and management accounting
classes; first-level specialist accounting undergraduate students; introductory core accounting for
MBA and postgraduate specialist Masters students (e.g. finance, actuarial studies), focusing on
analysis through the accounting equation and a questioning approach to problem solving; and
professional courses where accounting is introduced for the first time.
The book is accompanied by a comprehensive support package for lecturers, arranged on a...