Providing a comprehensive introduction to accounting and finance, this book includes numerous examples, with solutions in the text, to help the student to understand each topic.;Recent significant changes in financial reporting and the business environment have made it necessary to update certain chapters for this third edition, particularly those concerned with limited-liability companies and public-sector financial statements. A chapter on activity-based costing has been added, and minor revisions and additions have been made throughout the text.;The book is on the reading lists of IAM and ICM.
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