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The book is divided into 10 parts, covering:​ Introduction to Financial Accounting Books and Transactions Financial Statements Accounting Today Adjustments for Financial Statements Checks and Errors Special Accounting Procedures Partnership and Company Accounts Financial Analysis Management Accounting​

📝 Summary This edition offers a comprehensive introduction to financial accounting, emphasizing the double-entry system, preparation of financial statements, and analysis of business transactions. It integrates IFRS compliance, professional ethics, and disaster recovery considerations. New features include a chapter on 'Maths for Accounting' and a section on 'Accounting Today'. The book is designed to cater to both academic and professional audiences. 🧾 Abstract Frank Wood’s Business Accounting Volume 1 serves as an essential resource for students and professionals seeking a solid foundation in financial accounting. The 12th edition has been updated to reflect current accounting standards and practices, providing clear explanations, practical examples, and a structured approach to learning. Supplementary materials, including MyAccountingLab, offer additional support for mastering the subject matter. ⭐ Review The 12th edition has received positive feedback for its clarity and comprehensive coverage. Reviewers appreciate the logical progression of topics and the inclusion of real-world examples. The integration of IFRS standards and the addition of new chapters enhance its relevance and applicability. The book is praised for being accessible to beginners while still offering depth for advanced learners. ​

This textbook is ideal for:​ Students pursuing courses in accounting at secondary, tertiary, or professional levels Individuals preparing for qualifications from bodies such as the LCCI, AAT, or various Chartered Accountancy institutes