Fundamentals of Financial Accounting, presents an engaging, balanced, and appropriately paced analysis of the fundamentals of financial accounting. Its conversational writing style makes it easy to read and understand, while the selection of real focus companies reinforces the relevance of accounting by introducing students to accounting and business activities in the context of their favorite companies. Balance between preparer and user orientations is achieved throughout the book, by studying both the accounting activities that take place inside the company, as well as evaluating their impact on decisions, and users outside the company. Topic coverage is paced appropriately for students new to accounting, and is thoroughly reinforced every step of the way with an ample variety of innovative pedagogical tools. Clearly understandable, relevant, and accessible, Fundamentals of Financial Accounting is simply the most student-friendly financial book on the market and provides the tools for students to grasp financial accounting from the ground up.

Part I :Fundamentals * Financial Accounting: An Overview * Accounting Postulates, Concepts And Principles Part Ii : Accounting Records And Systems * Accounting Equation And Transaction Analysis * Accounting Mechanics I : Journals * Cash Book And Subsidiary Books * Accounting Mechanics Ii : Ledger Posting And Trial Balance * Bank Reconciliation Statement * Errors And Their Rectifications * Preparation Of Financial Statements : Profit And Loss Account And Balance Sheet * Depreciation Accounting * Inventory Valuation Part Iii : Company Accounts * Accounting For Shares * Accounting For Debentures * Company Final Accounts * Accounting For Amalgamation * Valuation Of Goodwill Part Iv : Financial Analysis * Statement Of Changes In Financial Position * Cash Flow Statement * Financial Statement Analysis Part V : Specialised Topics * Corporate Financial Reporting * Computerised Accounting (How To Use Tally)

The authors have kept the text concise by focusing on the key concepts students need to master. Opening vignettes & 'in action' boxes show realistic applications of these concepts throughout. Comprehensive end-of-chapter problems provide students with all the practice they need to fully learn each concept.

Phillips Your Personal Coach in Financial Accounting. Having a great personal coach means having the ongoing support, direction, and motivation necessary to ensure success. The Second Canadian edition ofFundamentals of Financial Accountingis your student's personal coach. It provides them with the tools needed to make sense of business activities, and to help them prepare and interpret financial information in an accurate and relevant way. Phillips provides an engaging, balanced, and appropriately paced analysis of the fundamentals of financial accounting. Its conversational writing style makes it easy to read and understand, while the selection of real focus companies reinforces the relevance of accounting by introducing students to accounting and business activities in the context of their favourite companies. Balance between preparer and user orientations is achieved throughout the text, by studying both the accounting activities that take place inside the company, as well as evaluating the impact of accounting activities on decisions made by users of the financial statements. Topic coverage is paced appropriately for students new to accounting, and is thoroughly reinforced every step of the way with an ample variety of innovative pedagogical tools. Clearly understandable, relevant, and accessible,Fundamentals of Financial Accountingis simply the most student-friendly financial accounting book on the market and provides the tools for students to grasp financial accounting from the ground up.