The new edition of this low level introductory text has been significantly expanded and revised to provide more comprehensive coverage of the basic concepts and practical applications of financial accounting, management accounting and financial management, while retaining its clarity, succinct style and distinctive open-learning approach. It also now includes an expanded and improved range of teaching, learning and assessment features to encourage interaction, and to facilitate flexible study and self-assessment. Teacher's Manual including solutions to the exam-style questions not given in the text, review question answers, case stludy problems and solutions, and OHP masters (0-13-575218-3), Powerpoint Slides.