This eighth edition of a tertiary level text first published in 1975 has been revised and updated to reflect recent changes in accounting standards. The book has been restructured into seven parts and a new chapter on international accounting standards and harmonisation has been included. Includes new questions, references and an author and subject index. Henderson is a professor in the department of commerce at the University of Adelaide. Pairson is a professor in the department of accounting at Monash University.