Financial and Management Accounting an Introduction Blurb 5e This revised and fully updated edition continues to provide students with a clear and well-structured introduction to financial and management accounting. The fifth edition retains all of the classic features that have contributed to the book?s success such as, clarity of expression, the focus on the accounting equation, student activities, real-life commentaries running through each chapter, and the inclusion of the Safe and Sure Annual Report as a real world example of a listed company. Financial and Management Accounting An Introduction offers: Fully in line with IFRS, but provides comparative analysis with UK GAAP where relevant. Experience-driven conversations between two managers appear at intervals throughout the text, providing a valuable insight into the type of interpretative comment which the reader may find more taxing. These discussions allow a more candid examination of issues and problems within the subject. Fully redesigned text to aid navigation and understanding for students, including a unique colour-coding system to make technical material more accessible. Activity-based costing, strategic management accounting, the balanced scorecard and benchmarking are included in the main management accounting chapters. The approach to teaching and learning focuses on subject-specific knowledge outcomes and generic skills outcomes, with end-of-chapter self-evaluation. Questions are graded to test student understanding of chapter content, as well as skills in straightforward application of knowledge, and skills of problem solving and evaluation. Updated terminology and presentation to reflect the requirements of the International Accounting Standards Board from 2009 and the UK Companies Act 2006. New case studies containing examples from real-world companies reflect current issues such as cash flow management in Marks & Spencer, cost control at Debenhams, performance benchmarking at Argos. Financial and Management Accounting: An Introduction is aimed at first-level undergraduates on business studies degrees taking introductory financial accounting and management accounting classes; first-level specialist accounting undergraduate students; introductory core accounting for MBA and postgraduate specialist Masters students, focusing on analysis through the accounting equation and a questioning approach to problem solving; and professional courses where accounting is introduced for the first time. Visit the Financial and Management Accounting An Introduction Student Companion website at www.pearsoned.co.uk/weetman to access a comprehensive range of student-learning resources, including addition questions and weblinks to further your study. The author Pauline Weetman BA, BSc (Econ), PhD, CA, FRSE, is Professor of Accounting at the University of Edinburgh, and has extensive experience of teaching at undergraduate and postgraduate level, with previous chairs held at Stirling, Heriot-Watt, Strathclyde and Glasgow Universities. She received the Distinguished Academic Award of the British Accounting Association in 2005. She has convened the examining board of the Institute of Chartered Accountants of Scotland and was formerly Director of Research at ICAS.