The prime objective of this long-established book is to provide the student with a broad perspective of business accounting based upon a sound conceptual framework. It does this by integrating the theory with the application, presenting accounting concepts as simply and directly as possible, and stimulating independent thought on the part of the reader. "..a long-established book intended to provide students with a broad perspective of business accounting based on a sound conceptual framework, by integrating theory with application and presenting accounting concepts simply and directly, and stimulating independent thought."