Accounting for All 4th edition aims to help students master introductory accounting courses and covers the key topics in the financial accounting and cost accounting disciplines.

Now updated, it has been further enhanced by two new topics— partnerships and non-profit organizations (NPOs)—giving students a broader coverage of the business environment.

The study of accounting is often perceived as daunting, but the author has written in an easy-to-understand style. The teaching methodology takes a step-by-step approach and is supported by extensive explanatory examples and revision questions. It also enables students to work through each chapter independently.

Accounting for All will benefit any student who does not have an accounting background but needs a fundamental understanding of the financial and cost accounting principles and concepts as they apply to the world of business.

Product Information: 

• Basic concepts in accountancy – accounting process
• Business transactions and source documents
• Recording transactions (double-entry system)
• Introduction to VAT Books of prime entry
• The trial balance
• Bank reconciliation statement
• Non-current assets – depreciation
• Inventory
• Year-end adjustments
• Financial statements of a sole trader
• Financial statements of companies
• Statement of cash flow
• Partnerships
• Non-profit organizations
• Interpretation of financial statements
• Basic cost accounting
• Manufacturing concern
• Cost behavior
• Budgets
• Cost-volume-profit analysis
• Payroll
• Business ethics

This book is recommended for students who do not have an accounting background but need a fundamental understanding of the financial and cost accounting principles and concepts as it applies to the world of business.