Introductory Accounting 2025 – [Joint Venture Publication]

Start your accounting journey with the right foundation. Introductory Accounting 2025 is the essential entry-level module text designed to equip students with the core knowledge and skills required for a career in finance. This 2025 edition aligns perfectly with the latest South African academic requirements, covering everything from basic double-entry bookkeeping to the preparation of annual financial statements for a sole trader.

Why the 2025 Edition is an Accounting Essential:

• Curriculum Aligned: Specifically prescribed for the RV101/RF1X1 modules at Nelson Mandela University for the 2025 academic year.

• New Terminology: Features the most up-to-date accounting terminology (e.g., “Statement of Financial Position” instead of “Balance Sheet”) and current financial reporting standards.

• Skill Building: Focuses on the logical thought processes and analytical abilities needed to solve unfamiliar accounting problems.

• Comprehensive Practice: Includes numerous examples and data processing exercises using special journals to ensure you master the accounting cycle.

Key Topics Covered:

• The Accounting Cycle: Mastering the step-by-step process of recording, classifying, and summarizing business transactions.

• Double-Entry Bookkeeping: Understanding the rules and procedures that form the backbone of all modern accounting.

• Inventory Management: Accounting for profit in a retail context using both perpetual and periodic methods.

• Asset Valuation: Learning how to value and account for non-current assets and accounts receivable.

• Financial Statements: A complete guide to preparing the Statement of Financial Position and Statement of Profit or Loss.

• Error Correction: Identifying, analyzing, and correcting common manual accounting errors.

Key Specifications:

• ISBN-13: 9780620811309

• Publisher: Joint Venture

• Edition: 1st Edition – 2023 (Updated for 2025 Curriculum)

• Format: Physical Softcover