Accounting and Finance: Understanding and Practice

Now in its fifth edition, Accounting and Finance: Understanding and Practice has been fully updated to align with the latest International Financial Reporting Standards. It offers expanded coverage on core areas of teaching relevant to students studying introductory courses in Accounting and Finance. Ample practical examples, updated case studies and end-of-chapter questions help students easily relate accounting and finance to the business world. Key Features - The text is organized in three parts: financial accounting, financial management and management accounting.

- New chapter on Sustainability outlining the growing importance of sustainable practices shaping the future of business and the impact of IFRS Sustainability Disclosure Standards.

- Enhanced discussion on corporate governance and fair value accounting.

- Numerous up-to-date references to businesses and well-known companies throughout.

- Running case study on Marks & Spencer across every chapter to highlight the relevance of each topic to a real-world example.

- Updated Accounting in Context case studies exemplify issues discussed in each chapter featuring real companies such as Watches of Switzerland, Benevolent AI and Shein.

This title is intended to be used alongside a wide bank of additional interactive digital resources for practice and assessment