Features and Benefits
* Numerous examples that illustrate how theory is put into practise
* Practice exercises at the end of every chapter and graded self-test questions which enable students to check their understanding
* Competency mapping grids at the beginning of each chapter that link the content presented to the required competencies
* This edition addresses the FNS04 v2 Financial Services Training Package requirements for financial accounting, in particular, placing greater emphasis on analysing errors and coverage of AASB 117 Leases
Table of Contents
Section 1 Prepare financial statements
1 Error identification and correction
2 Cash flow statements
3 Partnerships
4 Not-for-profit organisations - clubs and societies
Section 2 Maintain asset and inventory records
5 Inventory
6 Fixed assets including gain/loss on disposal
7 Leases
Solutions
Index
About the Authors
Suellen Freeman is a Head Teacher of Banking and Finance with many years' TAFE teaching experience. She is a member of the NIA and AAT and has previously worked in accounting for both the private and government sectors
John Freeman has been teaching at TAFE NSW for over 7 years, following a successful career of more than 25 years in both government and corporate accounting.
Target Audience
FNSACCT405 Prepare financial statements
FNSACCT406 Maintain asset and inventory records
