Accounting: A Practical Approach VitalSource eText (3e) : 9781442539686

Accounting: A Practical Approach VitalSource eText (3e)

Wilson, Valerie et al
Published by
Pearson Australia
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This 3rd edition of Accounting: A Practical Approach continues to provide an easy to read, practical introduction to accounting concepts. The many worked examples and illustrations put the theory into context. Students can then apply their knowledge with a wide variety of self test questions.

New to this edition
  • Supports delivery of competencies from the FNS10 Training Package 
  • Includes coverage of both periodic and perpetual inventory systems 
  • Now covers GST Paid and GST Collected in Supplier and Customer Statement Reconciliations, plus debtor management 
  • Enhanced coverage of depreciation and disposal of non current assets, including Gain or Loss on disposal 
  • Coverage of receipting and banking has been expanded to include credit cards.
Features & benefits
  • Worked Examples illustrate how to put the theory into practice 
  • Self Test questions test student understanding of the theory
Author biography

Valerie Wilson has more than 25 years experience in Vocational Education and Training (VET), teaching in the areas of introductory, financial and corporate accounting, and has experience in internal audit organisations.

Suellen Freeman is a head teacher of accounting, banking and finance with many years of teaching experience in VET.

John Freeman has been teaching accounting and finance in the VET sector since 2002 after a long career as an accountant in government and commercial organisations.

Target audience
  • BSBFIA401A Prepare financial reports
  • FNSACC301A Process financial transactions and extract interim reports
  • FNSACC302A Administer subsidiary accounts and ledgers
  • FNSACC303A Perform financial calculations
  • FNSACM301A Administer financial accounts
  • FNSACM302A Prepare, match and process receipts
  • FNSACM303A Process payment documentation
  • FNSACM401A Evaluate and authorise payment requests
  • FNSBKG402A Establish and maintain a cash accounting system
  • FNSBKG403A Establish and maintain an accrual accounting system
  • FNSCRD302A Monitor and control accounts receivable
  • FNSCRD403A Manage and recover bad and doubtful debts
  • FNSCRD405A Manage overdue customer accounts
  • FNSORG301A Administer fixed asset register
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