Accounting 

Financial Accounting for Non-Accounting Students is designed mainly for non-accounting students and those who need a clear understanding of basic financial accounting. This book provides a brief description of the qualitative characteristics of financial statement set out in the Conceptual Framework for Financial Reporting. It explains the process of classifying, recording and summarising of business transactions. Students are shown the steps taken to classify and record transactions in the relevant journal and ledger accounts. They are also taught to summarise the information in the trial balance and prepare the financial statements. At the same time, students are guided through the analysis of financial statements and shown how to prepare bank reconciliation statements. Students are also exposes to the basic accounting for partnerships. Examples are given to illustrate the applications of the concepts and principles in order to enhance understanding of the topics covered. Finally, at the end of each chapter, there is a glossary which explains the terms used as well as questions for students to practise.