1. The role of accounting in decision making
2. Recording business transactions
3. The adjusting process
4. Completing the accounting cycle
5. Retailing operations
6. Retail inventory
7. Accounting information systems
8. Internal control and cash
9. Receivables
10. Non-current assets: property, plant and equipment and intangibles
11. Current liabilities and payroll
12. Non-current liabilities, debentures payable and classification of liabilities on the balance sheet
13. Partnerships
14. Companies: formation and shareholders’ equity
15. Companies: capital management and the income statement
16. The cash flow statement
17. The framework of accounting
18. Financial statement analysis

Download the detailed table of contents

Decision guidelines. Decision guidelines explain why the accounting concepts addressed in the chapter are important to making decisions in a business setting. The left-hand side of the Decision guidelines table explains in simple terms the decision or action asked of the student, while the right-hand side shows the accounting topics that will help facilitate those decisions.

Keep it consistent. Consistent examples rather than learn about a new company each time an example is presented; this text provides two sets of company data (for Smart Touch and Greg’s Tunes) that are carried through the in-chapter examples. As a result, you gain a sense of familiarity with the context of these examples and can focus your energy on learning the accounting principles in question

Concepts in Action. Real world examples with accompanying questions. 

Learning Objectives. Listed at the beginning of each chapter. Each Learning Objective links to an A-level heading.

Student Success Tips. A bulleted summary of key concepts, with a list of study ‘tools’ to help students recall these concepts.

Try It! Boxes. Put the concepts in context. Try It! boxes Each Try It! gives students opportunities to apply the concept they’ve just learned by reflecting on or completing an accounting problem.

Sustainability in Action. Sustainability in action boxes in most chapters show that sustainability issues are integral aspects of accounting. Each example is accompanied by relevant questions.

Master the material: Review/Assess/Apply Review

• Review the Accounting vocabulary and Student success tips to ensure that you remember and understand the key terms and concepts from the chapter. 
• Assess Tackle the Quick check and Starter questions, then jump to the more comprehensive and challenging Exercises and Problems to master the technical aspects of the chapter. 
• Apply It’s time to pull everything together! Apply your skills to decision-making, ethics and fraud cases