Brings concepts alive with even more relevant, real-life examples and integrated activities New and updated Real World examples, based on well-known businesses, which illustrate techniques used in business. Real World examples help students recognize course concepts in action and make connections with issues they may deal with in their careers. Updated for this edition, the activities and exercises integrated throughout the book provide excellent opportunities to test students’ knowledge of core ideas and to develop critical thinking. A full set of solutions is provided, some within the book and some as a download available for lecturers, found in the Instructor’s Manual at go.pearson.com/uk/he/resources.   Refreshed content reflecting changes in key definitions and financial standards Updated to include the latest revisions to the IASB’s Conceptual Framework and the UK Corporate Governance Code. This places accounting in a wider context and demonstrates the relevance of these to performing key activities of a business. Section on revenue recognition has been revised to reflect recent changes to accounting rules. Definitions of certain key terms have been re-tooled wherever they occur in the book, to reflect the way these are now to be understood according to developments in recent years. This includes the definitions of assets and liabilities. Clearer explanations are given for important concepts such as the prudence convention and Z-score analysis, providing what students need to know for these topics.    Better quality exercises and additional problems to assign in MyLab Accounting for practice and formative or summative assessment For this 10th edition, over 45 previously static questions have been turned into algorithmic ones, which means that each student works on a numerical problem that is individual to him or her. This brings the total number of algorithmic questions in MyLab to over 400. There are now over 1650 exercises in MyLab that can be selected and assigned for formative or summative work. Students can view their results and instructors can track student performance in the sophisticated Gradebook. The feedback given in MyLab to students in response to their answers has been improved for over 275 questions in the most used chapters. This provides a greater quality of response at their point of need to help them learn from their incorrect answers and progress in their learning.