Financial Accounting An Introduction

• Main Authors: Roshayani Arshad (Author), Laily Umar (Author), Siti Maznah Mohd Arif (Author)
• Format: Book
• Language: English
• Published: Kuala Lumpur McGraw Hill (Malaysia) 2007
• Edition: Second Edition
• Subjects: Accounting; Financial statements
• Online Access: Click Here to View Status and Holdings.

 Financial Accounting is specifically written within the Malaysian context. This book is written for students with no prior background in accounting, especially for students in their first-year study of accounting degrees in local universities. It explains the basic principles involved in the operations and maintenance of accounting systems applicable particularly to the unincorporated businesses in Malaysia. This book provides a good understanding of the accounting fundamentals. Key features of the book include: -- The application of the new Malaysian Financial Reporting Standards (FRS) -- Contents of the book are divided into three main parts in order to provide a comprehensive introduction to financial accounting -- Part I explaining the accounting cycle and the recording process -- Part II explaining the accounting treatment of major items in financial statements -- Part III explaining the recording and presentation of selected spcialised areas in financial accounting -- Systematic topic flow to facilitate an appropriate build up of knowledge in financial accounting -- Appropriate balance between theory and the application of accounting methods adopted throughout the book facilitates the application of theoretical knowledge to a variety of practical situtions -- Questions and suggested answers are provided at the end of each chapter to facilitate and reinforce understanding and learning