The Longman Modular Texts in Business and Economics series provides focused texts for foundation modules on business studies programmes. Each book consists of approximately 80% text, 15% test and assessment material and approximately 5% further reading sources. Accompanying lecturers manual includes teaching ideas, further exercises and photocopiable overhead masters.u003cbru003e u003cbru003e This book offers a concise introduction to the main elements of financial accounting. The interactive approach is designed to encourage students' interest whilst at the same time providing a flexible resource for lecturers. It has an explicit consideration of the European context and alternative approaches to financial reporting. A systems-based approach is used in discussing IT.