Accounting for Non-Accountants guides non-specialists through the fundamental principles of accounting and finance. This book presents key, and often complex, concepts in a simple and understandable way designed to be accessible to those with little or no background in accounting. Now in its 12th edition, Accounting for Non-Accountants addresses the current issues in accounting and finance, including recent, important economic issues, and provides a range of examples to understand and recognize these concepts in practice. This book has been fully updated to the latest regulatory requirements including UK GAAP accounting standards, International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS). Updates also include introductions to