Here are the main changes made:
[A] A new resource: Reinforce and Embed
Each chapter includes a new ‘Reinforce and Embed’ section. This comprises of value adding questions which enables the learner to reflect on each chapter, challenge their understanding and apply their learning to the workplace. These questions are designed to develop confidence, enhance understanding and stimulate curiosity.
Although these questions are designed for self-reflection, if required, the author’s reflections are provided via an online resource.
[B] New content
Two new chapters have been added:
(i) A reflection on the reliability, relevance and trustworthiness of financial statements.
Readers will find this a useful culmination of the all the learning within the book as well as a helpful look at financial reporting in practice
(ii) Practical application.
A new 60+ pages section has been added to enhance practical application, which includes ‘consolidate and apply’ questions (as well as answers). This is a really powerful way to understand each topic in practice and bring all the learning together. Each of the preceding 35 chapters has its own set of questions included in this section. Where relevant, questions are also applied to our case study company, Greggs plc, with references to where further detail can be found if required.
[C] Refresh
All chapters have had their content refreshed to further enhance impact. Specific examples include:
· new examples have been added and others updated.
· the language is sharper and tighter
· new visuals to aid the reading experience have been added throughout
· important sections have been enhanced
[D] Updates
As five years have passed since the first edition, the content has been updated to reflect a number of developments including current issues and controversies in the world of finance.
The first edition used the 2015 accounts of Greggs plc. The second edition uses the 2020 accounts of Greggs plc as a case study throughout.
You must be logged in to post a comment.