This fully revised and updated edition of Introduction to Accounting provides an accessible introduction to accounting for those coming to the subject for the first time. This new edition incorporates major changes which improve and update the previous edition. The authors: * cover the basic techniques and underlying theoretical concepts in accounting and show how these are applied in various circumstances * illustrate throughout with worked examples * provide student activities and end of chapter questions (with solutions and answers), many of which have been taken from major accounting examination bodies The book is designed to meet the needs of both the non-specialist reader and those specializing in accounting. It can easily be used by students working on their own, as well as in a classroom environment. An Instructor's Manual with solutions is available to lecturers who adopt the book, and request it on the letterhead of their institution.