Book excerpt: The new edition of this popular text for VCE Accounting is written specifically for the 2007-2010 VCE Accounting study design. The chapters are written in a logical sequence to allow teachers and students to fulfil the requirements of VCE Units 3 and 4. The text will also suit introductory Accounting courses in other states. The student text is practical, and easy to read and use. The clear and student-friendly theory is supported by graded exercises, contemporary case studies and worked examples. Computer application exercises are integrated throughout the text to incorporate the computer application component of the course. These exercises are set up as template spreadsheets on the student disc packaged with the textbook. Links between theoretical and practical tasks are clear and encourage students to use a wide range of skills in the application of accounting knowledge.