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eTextbook: Fundamentals of Accounting and Financial Management, 8th Edition | AU/NZ

Ken Trotman, Kerry Humphreys, Victoria Clout, Kate Morgan

  • {{checkPublicationMessage('Published', '2022-08-04T00:00:00+0000')}}
Starting At $79.95 See pricing and ISBN options
eTextbook: Fundamentals of Accounting and Financial Management 8th Edition by Ken Trotman/Kerry Humphreys/Victoria Clout/Kate Morgan

Overview

Trotman’s Fundamentals of Accounting and Financial Management (previously Financial Accounting) incorporates comprehensive coverage of financial accounting in Australia and includes issues in sustainability, as well as current and emerging issues, while building upon the approachable, user-friendly, Australian-focused style of previous editions. This eighth edition continues to provide students with a detailed understanding of the accounting framework using a balanced and engaging approach that provides non-accounting majors with enough detail to understand and analyse company financial statements, and provides accounting majors with a sound basis for future studies in accounting. Premium online teaching and learning tools are available on the MindTap platform. Learn more about the online tools au.cengage.com/mindtap

Ken Trotman

Ken Trotman is a Scientia Professor and was Head of the School of Accounting at UNSW from 1991 to February 2000. He has held visiting appointments at a range of overseas institutions including Cornell University, the University of Michigan and the University of Illinois at Urbana-Champaign. His main current research interests are concerned with judgment and decision making in accounting. He has a particular interest in the judgments made by auditors. He is a Fellow of The Institute of Chartered Accountants in Australia and a Fellow of CPA Australia. Ken was the 1993/94 President of the Accounting and Finance Association of Australia and New Zealand (AFAANZ). In 1998 he received the AFAANZ 'Outstanding Contribution to the Accounting Literature' award and later awarded life membership of AFAANZ. In 1998 he was elected as a Fellow of the Academy of Social Sciences. He received the 2000/2001 Outstanding Auditing Educator Award from the Audit Section of the American Accounting Association. He received the 2008 Notable Contribution to the Auditing Literature Award from the Auditing Section of the American Accounting Association and the 2009 Notable (Lifetime) Contribution Award in Behavioral Accounting Literature from the American Accounting Association. He received ARC Professorial Fellow Grant 2011-2015 and was inducted into the Australian Accounting Hall of Fame in 2011.

Kerry Humphreys

Kerry Humphreys is an Associate Professor at UNSW. She researches, teaches and designs curricula in strategic management accounting, and supervises Honours and postgraduate research students. Her research investigates when managers make effective decisions incorporating strategy and performance information, including the balanced scorecard, and how new managers can learn to make better decisions using this information. Kerry publishes in leading international academic journals (ABDC A* ranked. Her research has received external funding from the Accounting & Finance Association of Australia and New Zealand (AFAANZ) and the Chartered Institute of Management Accountants (CIMA). She served as Director of the UNSW Business School’s Experimental Research Laboratory (BizLab). Kerry has received several awards for teaching and research, including an Australian Learning and Teaching Council (ALTC) Citation for Outstanding Contributions to Student Learning, AFAANZ/Pearson Education Accounting/Finance Lecturer of the Year award, UNSW Vice-Chancellor’s teaching excellence awards and a UNSW Scientia research fellowship. The American Accounting Association (AAA) also recognized Kerry’s research with an Outstanding Doctoral Dissertation Award for the Accounting, Behavior and Organizations section.

Victoria Clout

Victoria Clout is a Senior Lecturer in the UNSW Business School. Before joining UNSW, Victoria was an Assistant Professor at the UWA Business School (2009-2011), and prior to that, a lecturer at Curtin Business School (2008) and University of Queensland (2006-2007). Victoria undertook her PhD at Queensland University of Technology and was nominated for a QUT Outstanding Thesis Award. Victoria's research interests include corporate governance, value relevance, valuation and capital markets. She has published papers in journals including Accounting & Finance, Journal of Contemporary Accounting & Economics, and the Australian Journal of Management. Victoria has research leadership roles including Deputy Director – Engagement of the Financial Research Network (FIRN) and is an Associate Editor of the Australian Journal of Management and Accounting & Finance. Victoria's current teaching interest is in financial accounting. She also has experience in teaching corporate accounting, financial accounting theory and financial statement analysis courses.

Kate Morgan

Kate Morgan is a sessional lecturer in the School of Accounting, UNSW Sydney, teaching the core financial accounting subject in the Masters of Professional Accounting Program. She has extensive experience in the teaching of introductory financial accounting including design and question setting. She has designed accounting materials for undergraduate and masters programs in both face-to-face and online settings including MBA face-to-face and online programs. Kate developed material for the first edition of this book, has regularly updated material through many editions and has now joined the team as an author. Prior to returning to the university she held senior management positions specialising in project and program management, accounting and information systems design.
  • NEW case study and financial data - Woolworths 2021 financial report
  • A reinvented table of contents with new coverage on cash flows, financial reporting, equity, revenue, expenses and measuring and managing performance
  • NEW Chapter 17 provides coverage of measuring and managing financial and non-financial performance
  • 'How's your understanding?' activities break up chapter content to reinforce learning of key concepts and provide the opportunity for student reflection (solutions are provided so students can complete self checks)
  • 'A real case' box feature includes real-world examples of accounting scenarios to demonstrate theory in practice
  • A wealth of practice problems allow students to check their understanding and the provided solutions make self marking easy
  • Five Management Accounting eChapters included in the MindTap and Instructor Website allows flexibility to teach management accounting in conjunction with the core material as required
  • The restructured tables of contents includes added range of material on financial management, sustainability reporting and performance evaluation so the text suits a range of courses from majors to non-majors
  • MindTap. 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 Trotman's Fundamentals of Accounting and Financial Management is full of innovative resources to support critical thinking, and help your students move from memorisation to mastery! Includes: Trotman's Fundamentals of Accounting and Financial Management eBook; revision quizzes; animation videos and flashcards. 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 downloadable PowerPoint lecture slides, Solutions Manual, and Test Bank with customisable questions for quizzes and assessments. 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.
  • Cognero Test Bank. 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
1 Introduction to financial accounting
2 Measuring and evaluating financial position and financial performance
3 The double entry system
4 Accrual accounting adjustments
5 Ethical financial management, auditing and internal controls
6 Managing cash flows
7 Financial statement analysis
8 Financial reporting principles
9 Sustainability reporting

PART 2
10 Record-keeping
11 Accounts receivable and further record-keeping
12 Inventory
13 Non-current assets
14 Liabilities
15 Equity, revenue and expense recognition
16 Preparation of cash flows
17 Measuring and managing financial and non-financial performance (NEW)
Appendix 1 Woolworths Limited 2021 Annual Report
Glossary
Index
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

Recommended and most popular

  • ISBN-10: 0170462889
  • ISBN-13: 9780170462884
  • RETAIL $79.95

Textbook Only Options

Traditional eBook and Print Options

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  • ISBN-10: 0170454797
  • ISBN-13: 9780170454797
  • RETAIL $79.95

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.

FOR STUDENTS

MindTap for Trotman's Fundamentals of Accounting and Financial Management, 4-Terms Instant Access

ISBN: 9780170462884
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. We partner with you to ease the transition to digital – we're with you every step of the way. MindTap for Trotman's Fundamentals of Accounting and Financial Management is full of innovative resources to support critical thinking, and help your students move from memorisation to mastery! Includes: Trotman's Fundamentals of Accounting and Financial Management eBook; Revision quizzes; Animation videos and Flashcards. MindTap is a premium purchasable eLearning tool. Contact your Cengage learning consultant to find out how MindTap can transform your course.