About Financial Accounting Volume 1

Description:

Start your accounting career with the most trusted introductory text in South Africa. About Financial Accounting Volume 1 is specifically designed for students who are being introduced to the fundamental principles of accounting for the first time. It turns complex bookkeeping into “easy-to-understand” logic.

Why This Textbook is Essential:

• Foundational Knowledge: Covers the basics of the accounting cycle, from source documents to the preparation of final financial statements.

• Student-Friendly: Uses simple, clear language to explain the “why” behind accounting entries, not just the “how.”

• South African Context: Aligned with local business practices and introductory IFRS standards, making it perfect for the South African curriculum.

• Prescribed Resource: This is the primary text for many first-year modules, including UNISA (FAC1502/1601) and introductory courses at major technical colleges.

Key Topics Covered:

• The Accounting Equation.

• Double-entry bookkeeping and the General Ledger.

• Processing VAT (Value Added Tax) transactions.

• Bank reconciliations and petty cash.

• Preparation of Trial Balances and basic Financial Statements.

Key Specifications:

• ISBN-13: 9780409106213

• Authors: Berry, van Rooyen, et al.

• Publisher: LexisNexis South Africa

• Format: Physical Paperback