Now going into its 9th edition the successful textbook Book keeping and Accounts is a vital guide for students undertaking studies of book keeping and accounting for the first time Through its gradual introduction of topics explanation of technical terminology in a clear easy to understand way this text provides an accessible and reliable guide for any student in their undergraduate career New to this edition Fully compliant with International Financial Reporting Standards IFRS with current IFRS terminology Questions and exercises to test your understanding and help with revision Selected chapters amended and re structured Full explanation of HMRC changes in VAT relating to cash discounts Illustrations and diagrams to help explain key concepts Updated learning objectives and chapter summaries to reflect developments in the financial environment Easy to understand to double entry book keeping using the IN and OUT approach With its highly regarded authorship this text is used by lecturers for teaching students undertaking the following qualifications and examinations Association of Accounting Technicians AAT International Association of Book keepers IAB A Level Accounting Oxford Cambridge and Royal Society of Arts OCR and as a general foundation text for personnel employed in the accountancy profession