Financial Accounting: The Basics, 1st Edition (Paperback) book cover

Financial Accounting

The Basics, 1st Edition

By Ilias Basioudis


392 pages | 2 B/W Illus.

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Paperback: 9781138605510
pub: 2019-03-20
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pub: 2019-03-19
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pub: 2019-03-08
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Understanding the basics of financial accounting can be a tricky task to master. This practical guidebook provides an overview of the fundamental principles in a jargon-free and simple format.

Financial Accounting: The Basics provides concise overviews of the key financial accounting topics supplemented by practical examples and exercises to enable readers to test their knowledge and understanding in bite-sized chunks. In empowering students to learn at their own pace, the book enhances course learning to maximise chances of overall success. Topics covered include:

  • The interpretation of financial statements and the accounting equation
  • Processing accounting information
  • Accounting for inventories
  • Non-current assets and depreciation
  • Cash flow statements and analysis

With the latest coverage of International Financial Reporting Standards (IFRS) terminology, and separate chapters on cash flow statements and ratio analysis, Ilias Basioudis's text will be valuable reading for new students of accounting.

Table of Contents

1. Financial Statements and the Accounting Equation; 2. Processing Accounting Information; 3. Accounting for Inventories; 4. Non-Current Assets and Depreciation; 5. Final Adjustments to Accounts; 6. Incomplete Records; 7. Partnerships; 8. Cash Flow Statements and Analysis; 9. The Interpretation of Financial Statements; 10. General Questions

About the Author

Ilias G. Basioudis is Senior Lecturer of Financial Accounting & Auditing at Aston Business School, Aston University, UK.

About the Series

The Basics

The Basics is a highly successful series of accessible guidebooks which provide an overview of the fundamental principles of a subject area in a jargon-free and undaunting format.

Intended for students approaching a subject for the first time, the books both introduce the essentials of a subject and provide an ideal springboard for further study. With over 50 titles spanning subjects from Artificial Intelligence to Women’s Studies, The Basics are an ideal starting point for students seeking to understand a subject area.

Each text comes with recommendations for further study and gradually introduces the complexities and nuances within a subject.

Learn more…

Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Accounting / General
BUSINESS & ECONOMICS / Accounting / Financial