Basic accounting for non-accountants teaches students financial literacy, a skill that will benefit them in both their personal and professional lives. It includes comprehensive illustrative examples that are easy to understand, with self-test questions and solutions to ensure that concepts are internalised before attempting the end-of-chapter exercises.  Contents have been updated in accordance with the relevant accounting standards and accounting environment, and additional end-of-chapter exercises have been provided to ensure that students have sufficient practice to reinforce accounting concepts.

Contents include the following:

• Drawing up basic financial statements
• Interpreting financial statements using ratio analysis
• Value-added tax (VAT)
• Calculating the cost of products
• Preparing budgets
• Short-term decision making
• Variance analysis
• Time value of money
• Capital budgeting