This volume completes the financial accounting coverage of syllabuses of the various examining bodies. It has been brought up to date with all the current accounting standards in as much detail as is required at this level. Frank Wood's Business Accounting Volume 1, the world's bestselling textbook on book-keeping and accounting, continues to provide an indispensable introduction for students and professionals across the globe. Now celebrating more than 50 years in publication, the 14th edition has retained all the essence of what makes this the go-to textbook for accounting and book-keeping, but has also undergone significant changes and revisions based on reviewer feedback. With the inclusion of brand new chapters such as M̀aths for Accounting', combined with the reorganisation of chapters, and revision of end-of-chapter questions, this book will provide all the support you will need for learning key accounting topics. New to this Edition Maths for Accounting chapter Part 6 C̀hecks and Errors' Incorporation of new end-of-chapter questions Accounting Today chapter For lecturers, visit www.pearsoned.co.uk/wood for our suite of resources to accompany this textbook, including: A complete solutions guide PowerPoint slides for each chapter Seven online chapters for further reading MyLab AccountingJoin over 10 million students benefiting from Pearson MyLabs. This title can be supported by MyLab Accounting, an online homework and tutorial system designed to test and build your understanding. MyLab Accounting provides a personalised approach, with instant feedback and numerous additional resources to support your learning. A personalised study plan Usable either following chapter-by-chapter structure or by learning objective Worked solutions showing you how to solve difficult problems Limitless opportunities to practise Use the power of MyLab Accounting to accelerate your learning. You need both an access card and a course ID to access MyLab Accounting: Is your lecturer using MyLab Accounting? Ask your lecturer for your course ID. Has an access card been included with the book? Check the inside back cover of the book. If you have a course ID but no access card, go to http://www.pearson.com/mylab/accounting to buy access. Alan Sangster is Professor of Accounting at the University of Sussex and formerly at other universities in the UK, Brazil, and Australia.Lewis Gordon is Lecturer in Accounting at the University of Liverpool, and has extensive experience of teaching financial accounting at undergraduate and professional levels.Frank Wood formerly authored this text and he remains one of the best-selling authors of accounting textbooks.