The New Zealand Practical Accounting Guide is a user-friendly introduction to New Zealand accounting processes, concepts and principles. The book has a very practical approach, with numerous worked examples, diagrams, checklists, tables and FAQs.

 Contents include:

• overview of basic accounting and bookkeeping and principles
• how to prepare a set of financial statements
• key taxation principles that bookkeepers need to be aware of
• real-life examples showing how to prepare a GST return under both the invoice and payments basis

Each chapter concludes with a list of commonly asked questions. Topics covered include:

• basic bookkeeping
• recording transactions
• adjusting entries
• accounting for GST
• cash, debtors and creditors
• accounting for inventory
• non-current assets
• financial statement analysis.

Whether you are new to accounting or just need to fine-tune your skills, this practical and comprehensive book provide the resources you need in one handy volume.

This book covers the essential accounting content from the New Zealand Master Bookkeepers Guide which also contains in depth information on tax, payroll and KiwiSaver.