Financial Accounting IFRS Principles 6ed

Financial Accounting: IFRS® Principles 6th edition is an accessible, comprehensive and concepts-based South African text which assumes a basic knowledge of financial accounting, and then helps readers understand and apply the IFRS Accounting Standards. It also references the IFRS for SMEs Accounting Standard, applicable to small and medium-sized enterprises. The pedagogy of the book supports the development of crucial strategies and sound financial reporting knowledge, providing an excellent balance between theory, practice, and strategy. It is suitable for second- and third-year courses in financial accounting on the chartered accountant or general or
professional accountant streams at universities, as well as universities of technology.

The book includes many pedagogical features in the form of textboxes, exercises and links to videos enabling students to grasp Conceptual Framework principles, to acquire threshold concepts key to deepening knowledge, and to engage with ethica l issues. Examples of these features include the following:

– Worked examples bridge the gap between theory and practice by showing students how to approach a task requiring application of concepts and techniques.
– The Key principle feature highlights the significance of specific principles in accordance with IFRS Accounting Standards while the IFRS for SMEs Accounting Standard application feature emphasises the key differences between this Accounting Standard and the other IFRS Accounting Standards.