Contemporary Accounting : 11th Edition - A Strategic Approach for Users - Phil Hancock

Contemporary Accounting

11th Edition - A Strategic Approach for Users

By: Phil Hancock, Peter Robinson, Mike Bazley

Paperback | 15 August 2024 | Edition Number 11

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Contemporary Accounting: A Strategic Approach for Users provides an excellent overview of the accounting function in business for non-accounting majors, and the approach taken to financial accounting provides a solid foundation on which accounting majors can better understand the bookkeeping function. The objective is to convey an understanding of accounting, both financial accounting and management accounting, without introducing unnecessary technical terminology and procedures. Building on basic concepts, it provides a clear understanding of financial statements, their uses, and limitations. New content has been added to this edition to help you expand your understanding of ethics, sustainability, and corporate governance.

About the Authors

Phil Hancock is a Professor of Accounting and the Director Student Experience in the Business School at the University of Western Australia. Phil has extensive experience in the regulation of corporate financial reporting, management and international accounting in both the educational and private sectors. Phil was Chair of the Accounting Learning Outcomes Working Party, which was responsible for drafting the threshold learning standards for graduates of bachelor and master degrees in accounting in 2010 and revised in 2016. Phil is a Fellow of CPA Australia and the Chartered Accountants Australia and New Zealand and the Accounting and Finance Association of Australia and New Zealand (AFAANZ). In 2013 Phil was awarded the Outstanding Contribution to Accounting and Finance Education and in 2023 an Outstanding Contribution to Accounting and Finance Practice by AFAANZ. He is a previous President of the Western Australian Divisional Council for CPA Australia. As an academic, Phil has held senior positions at the University of Western Australia, Edith Cowan University and Murdoch University, where he was an Associate Professor in Accounting.

Peter Robinson has taught at all West Australian universities, spending more than 20 years with each of Curtin University and the University of Western Australia (UWA). Peter has also held teaching appointments with the University of Melbourne, the University of New South Wales (UNSW), the University of Texas at Austin and the University of South Africa. Peter has taught the breadth of the accounting curriculum at undergraduate and post graduate level with strategic management accounting and public sector financial management being his more recent areas of teaching specialisation. Peter is a Fellow of CPA Australia and a member of the Accounting and Finance Association of Australia and New Zealand (AFAANZ). Peter has also been an active contributor to the development and delivery of study materials used by candidates seeking admission to the former Institute of Chartered Accountants in Australia and CPA Australia; to the professional development of managers and senior executives in the for-profit, not-for-profit and public sectors, both in Australia and internationally; and has regularly consulted with clients in these sectors upon a wide range of financial and performance management topics. Apart from Peter’s undergraduate and post graduate studies in accounting with Curtin, UWA and UNSW, he has a Master of Education (UWA).

Mike Bazley (1931 – 2013) was the inspiration behind the first edition of this book. The success of this text is a tribute to Mike’s perseverance as many publishers he initially approached were not particularly interested in his idea of adapting the UK text Accounting in Business Context. However, Thomas Nelson, now Cengage, finally agreed and in 1991 the first edition was published. Sadly Mike Bazley passed away in February 2013. Mike was an excellent teacher and highly regarded by the students he taught, an outstanding work colleague, a valued friend and a true gentleman to all that he met. He is deeply missed by his family and many friends and former colleagues. Mike Bazley was born in the United Kingdom where, having undertaken national service, he joined a medium-sized company and worked his way to joint managing director. In 1969, Mike migrated to Australia and began his period of employment at The University of Western Australia which eventually led him to taking up a lectureship in 1977 in UWA’s then Department of Accounting and Finance. He subsequently took up a position with Murdoch University where he was Dean of Studies and Chair of the School of Commerce and Senior Lecturer. In addition to his academic work, he also consulted for the Western Australian state government, conducted public seminars and contributed to various academic and professional publications. Mike was a Fellow of CPA Australia. Having retired in 1995, Mike still continued to take great interest in the development of this text.

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