Fundamental Accounting 7th Edition

Fundamental Accounting presents the basic yet essential knowledge required for first-year accounting courses at universities and universities of technology.

In this seventh edition, the excellent foundations of previous editions have been built on to include the following:

• Legislative compliance aligned to the Companies Act 71 of 2008 and IFRS
• An updated chapter on the framework of accounting with exam-standard questions
• An updated chapter on non-current assets with more information relating to VAT transactions
• A chapter focusing specifically on VAT
• Updates relating to the accounting treatment of accruals.

Its easy-to-understand presentation of complex accounting concepts and principles, its logical, conceptual approach, and numerous working examples make the content accessible and the study of accounting less intimidating.