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New!

Contemporary Accounting: A Strategic Approach for Users, 11th Edition | AU/NZ

Phil Hancock, Peter Robinson, Mike Bazley

  • {{checkPublicationMessage('Published', '2024-08-15T00:00:00+0000')}}
Starting At $79.95 See pricing and ISBN options
Contemporary Accounting: A Strategic Approach for Users 11th Edition by Phil Hancock/Peter Robinson/Mike Bazley

Overview

Now in its eleventh edition, Contemporary Accounting: A Strategic Approach for Users provides an excellent overview of the accounting function in business for non-accounting majors, and the approach taken to financial accounting provides a solid foundation on which accounting majors can better understand the bookkeeping function. The objective is to convey an understanding of accounting, both financial accounting and management accounting, without introducing unnecessary technical terminology and procedures. Building on basic concepts, it provides a clear understanding of financial statements, their uses, and limitations. In this edition, the authors have worked to add content that expands coverage of ethics, sustainability, and corporate governance.

Financial accounting chapters bridge the gap between assumed and actual knowledge, and the pedagogical features make the text friendlier to first-year learners. Premium online teaching and learning tools are available on the MindTap platform. Learn more about the online tools cengage.com.au/mindtap.

Phil Hancock

Phil Hancock is a Professor of Accounting and the Director Student Experience in the Business School at the University of Western Australia. Phil has extensive experience in the regulation of corporate financial reporting, management and international accounting in both the educational and private sectors. Phil was Chair of the Accounting Learning Outcomes Working Party, which was responsible for drafting the threshold learning standards for graduates of bachelor and master degrees in accounting in 2010 and revised in 2016. Phil is a Fellow of CPA Australia and the Chartered Accountants Australia and New Zealand and the Accounting and Finance Association of Australia and New Zealand (AFAANZ). In 2013 Phil was awarded the Outstanding Contribution to Accounting and Finance Education and in 2023 an Outstanding Contribution to Accounting and Finance Practice by AFAANZ. He is a previous President of the Western Australian Divisional Council for CPA Australia. As an academic, Phil has held senior positions at the University of Western Australia, Edith Cowan University and Murdoch University, where he was an Associate Professor in Accounting.

Peter Robinson

Peter Robinson has taught at all West Australian universities, spending more than 20 years with each of Curtin University and the University of Western Australia (UWA). Peter has also held teaching appointments with the University of Melbourne, the University of New South Wales (UNSW), the University of Texas at Austin and the University of South Africa. Peter has taught the breadth of the accounting curriculum at undergraduate and post graduate level with strategic management accounting and public sector financial management being his more recent areas of teaching specialisation. Peter is a Fellow of CPA Australia and a member of the Accounting and Finance Association of Australia and New Zealand (AFAANZ). Peter has also been an active contributor to the development and delivery of study materials used by candidates seeking admission to the former Institute of Chartered Accountants in Australia and CPA Australia; to the professional development of managers and senior executives in the for-profit, not-for-profit and public sectors, both in Australia and internationally; and has regularly consulted with clients in these sectors upon a wide range of financial and performance management topics. Apart from Peter’s undergraduate and post graduate studies in accounting with Curtin, UWA and UNSW, he has a Master of Education (UWA).

Mike Bazley

Mike Bazley (1931 – 2013) was the inspiration behind the first edition of this book. The success of this text is a tribute to Mike’s perseverance as many publishers he initially approached were not particularly interested in his idea of adapting the UK text Accounting in Business Context. However, Thomas Nelson, now Cengage, finally agreed and in 1991 the first edition was published. Sadly Mike Bazley passed away in February 2013. Mike was an excellent teacher and highly regarded by the students he taught, an outstanding work colleague, a valued friend and a true gentleman to all that he met. He is deeply missed by his family and many friends and former colleagues. Mike Bazley was born in the United Kingdom where, having undertaken national service, he joined a medium-sized company and worked his way to joint managing director. In 1969, Mike migrated to Australia and began his period of employment at The University of Western Australia which eventually led him to taking up a lectureship in 1977 in UWA’s then Department of Accounting and Finance. He subsequently took up a position with Murdoch University where he was Dean of Studies and Chair of the School of Commerce and Senior Lecturer. In addition to his academic work, he also consulted for the Western Australian state government, conducted public seminars and contributed to various academic and professional publications. Mike was a Fellow of CPA Australia. Having retired in 1995, Mike still continued to take great interest in the development of this text.
  • NEW Chapter 3 content that expands coverage of ethics, sustainability, and corporate governance (ESG). The NEW practitioner perspective in this section provides students with valuable insight into how this study area will inform their practices
  • UPDATED with coverage of topics such as Blockchain, cloud-based computing technology, public sector accounting, and closing entries as well as the Woolworths Annual Report (2023) used as a real-world example throughout the text
  • NEW Excel activities in the selected chapters and downloadable worksheets in MindTap allow students to test their understanding and knowledge in practice
  • Authentic conceptual approach: practical worked examples, worksheets and real-world case studies illustrate the connection between accounting concepts and decision making for students
  • Stop and Think questions allow students to test their understanding as they move through each chapter to ensure a complete understanding
  • Practitioner Perspectives at the beginning of each part give students an insight into how accounting theory informs their day-to-day practice. Part 1 Practitioner Perspective is from an experienced financial executive and Part 2 Practitioner Perspective gives a management point of view
  • Support student self-evaluation and revision with the end of each chapter summary of key chapter topics, review questions, problems for discussion and analysis, and an ethics case study
  • Premium online teaching and learning tools are available on the MindTap platform – the personalised eLearning solution. MindTap is a flexible and easy-to-use platform that helps build student confidence and gives you a clear picture of their progress. MindTap for Hancock’s Contemporary Accounting 11th Edition is full of innovative resources to support critical thinking, and help your students move from memorisation to mastery! Includes: Hancock’s Contemporary Accounting 11th Edition eBook, 'What do you think?' polling activities, 'Why it matters' concept videos, revision quizzes and more. MindTap is a premium purchasable eLearning tool. Contact your Cengage learning consultant to find out how MindTap can transform your course
  • Instructor Website. Your #1 resource for your course. This tailored collection of teaching tools includes a solutions manual, downloadable PowerPoint lecture slides, a Test Bank, and artwork. Log in or request an account to access instructor resources at au.cengage.com/instructor/account for Australia or nz.cengage.com/instructor/account for New Zealand
  • A bank of questions has been developed in conjunction with the text for creating quizzes, tests and exams for your students. Create multiple test versions in an instant and deliver tests from your LMS, your classroom, or wherever you want using Cognero. Cognero test generator is a flexible online system that allows you to import, edit, and manipulate content from the text's test bank or elsewhere, including your own favourite test questions
Part 1 Financial accounting
1. Introduction to accounting
2. Business structures and financial reporting
3. Ethics, sustainability and governance
4. Different measurement methods
5. Presentation of financial position and the worksheet
6. Presentation of financial performance and the worksheet
7. Presentation of cash flows
8. Accounting for selected assets and liabilities
9 From the worksheet to debits and credits
10. Analysis of financial statements

Part 2 Strategic management accounting
11. Introduction to strategic management accounting
12. Costs and costing systems
13. Costing behaviours and cost-volume-profit analysis
14. Accounting for decision making: with and without resource constraints
15. Performance measurement and evaluation frameworks
16. Budgeting and performance reporting
17. Sources of finance
18. Capital investment decisions
Appendix 1 Extracts from Woolworths Ltd Annual Report (2023)
Appendix 2 Present and future value factor tables
MindTap
Each MindTap product offers the full, mobile-ready textbook combined with superior and proven learning tools at one affordable price. Students who purchase digital access can add a print option at any time when a print option is available for their course.

This Cengage solution can be seamlessly integrated into most Learning Management Systems (Blackboard, Brightspace by D2L, Canvas, Moodle, and more) but does require a different ISBN for access codes. Please work with your Cengage Learning Consultant to ensure the proper course set up and ordering information. For additional information, please visit the LMS Integration site.

Standalone Digital Access — Ultimate Value

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  • ISBN-10: 0170477347
  • ISBN-13: 9780170477345
  • RETAIL $84.95

Textbook Only Options

Traditional eBook and Print Options

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  • ISBN-10: 017047738X
  • ISBN-13: 9780170477383
  • RETAIL $79.95

  • ISBN-10: 0170477304
  • ISBN-13: 9780170477307
  • RETAIL $189.95

  • ISBN-10: 017047903X
  • ISBN-13: 9780170479035
  • RETAIL $209.95

Cengage provides a range of supplements that are updated in coordination with the main title selection. For more information about these supplements, contact your Learning Consultant.

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ISBN: 9780170477345