Accounting Foundations Text 2011 edition

Author(s): Russell Gordon


Level 1 Accounting allows students to: apply financial knowledge and skills to given situations, develop communication skills, develop numeracy skills, develop problem-solving skills, develop self-management skills. An understanding of accounting as a financial language for individuals, community organisations and businesses will enable students to apply financial knowledge and skills in their daily lives. ACCOUNTING FOUNDATIONS FOR NCEA LEVEL 1 is a user-friendly textbook, in line with both current and proposed Level 1 Accounting Achievement Standards, that aims to guide students to success in NCEA Accounting. It covers the foundations of accounting for sole proprietors, community organisations and individuals: the conceptual basis of accounting, processing financial information for a sole proprietor, preparing financial statements for sole proprietors operating periodic inventory systems, analysing and interpreting financial statements, accounting systems for individuals and/or households, reporting financial information for community organisations, reporting financial information for sole proprietors operating perpetual inventory systems.

Product Information

Demonstrating an understanding of accounting concepts for small entities Processing financial transactions for a small entity Preparing financial statements for sole proprietors Interpreting accounting information for sole proprietors Preparing financial information for a community organisation’s annual general meeting Making a decision for an individual or group Demonstrating an understanding of cash management for a small entity

General Fields

  • : 9781442539273
  • : Pearson Education New Zealand Limited
  • : Longman
  • : February 2011
  • : 240x185mm
  • : December 2010
  • : books

Special Fields

  • : Paperback
  • : 2nd New edition
  • : 174
  • : Colour and black and white illustrations
  • : Russell Gordon