Contemporary Accounting: A Strategic Approach for Users,
11th Edition

Part 1 Financial accounting
1. Introduction to accounting
2. Business structures and financial reporting
3. Ethics, sustainability and governance
4. Different measurement methods
5. Presentation of financial position and the worksheet
6. Presentation of financial performance and the worksheet
7. Presentation of cash flows
8. Accounting for selected assets and liabilities
9 From the worksheet to debits and credits
10. Analysis of financial statements

Part 2 Strategic management accounting
11. Introduction to strategic management accounting
12. Costs and costing systems
13. Costing behaviours and cost-volume-profit analysis
14. Accounting for decision making: with and without resource constraints
15. Performance measurement and evaluation frameworks
16. Budgeting and performance reporting
17. Sources of finance
18. Capital investment decisions
Appendix 1 Extracts from Woolworths Annual Report (2023)
Appendix 2 Present and future value factor tables

• Phil Hancock

  Phil is Professor of Accounting and the Associate Dean of Education at the UWA Business School. He joined the Business School in January 2002 from Murdoch University where he was Associate Professor of Accounting. Phil has extensive experience in the regulation of corporate financial reporting, international accounting and management in both the educational and private sectors.  Philip completed a BCom with Honours and a Master of Commerce by thesis at the University of W.A. He is a Fellow of CPA Australia, Chartered Accountants Australia and New Zealand and the Accounting and Finance Association of Australia and New Zealand (AFAANZ). He is an active member of the profession, makes presentations to members of both bodies and in 2016 is the President of the CPA Divisional Council in Western Australia. Phil is also a member of the ASIC Accounting Liaison Group in WA. Phil has published more than 40 articles in leading accounting journals and a number of chapters in books and has presented papers at national and international conferences. He is also the co-author of one of the biggest selling introductory accounting text books in Australia.  Phil provides consulting and training to a wide range of organizations in the private and public sectors where he draws on his expertise in financial reporting and analysis, corporate governance and the use of the balanced scorecard. He has taught courses at both the undergraduate and postgraduate levels. In 2003, he was awarded a UWA Excellence in Teaching Award for Postgraduate Coursework. In 2006 Phil received a national Carrick Institute citation for Outstanding Contributions to Student Learning and in 2012 was recognised by AFAANZ for his outstanding contribution to accounting education in Australia. Phil has held senior positions at UWA, ECU, and Murdoch Universities. He was also a Director and Chairman of the University Credit Union for 10 years.

• Peter Robinson

  Before rejoining UWA, Peter was Curtin Business School’s unit coordinator of the core financial and managerial accounting unit for the MBA degree. He has taught across the undergraduate and post graduate accounting curriculum at UWA, Murdoch University, Edith Cowan University and the University of Notre, University of South Africa, University of New South Wales and the University of Texas at Austin. Peter won the UWA Excellence in Teaching Award (2006), a Special Commendation (AFAANZ 2006 Lecturer of the Year Award), the School of Accounting eVALUate teaching award (Curtin) and received multiple nominations for teaching excellence whilst at UWA. He has written over 12 strategic management accounting case studies on Australian and international companies from Apple to NAB and Gull Petroleum. His research fields include corporate financial reporting and regulation; strategic management accounting; performance measurement and evaluation; and innovations in accounting education. Peter has an extensive consulting history with firms, organisations and agencies in the for-profit, not-for-profit and public sectors and in developing and delivering executive development programs on strategic financial management and performance measurement and evaluation for senior and middle level managers in all three sectors. Peter authored two recent modules in the CPA program unit CPA 104 Strategic Management Accounting. He also co-authored the workshop course that is offered to candidates enrolled in CPA 104.

• Mike Bazley

  Mike Bazley (1931 – 2013) Mike Bazley was the inspiration behind the first edition of this book which now enters its 9th edition. 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. We dedicate the 9th edition of this text to Mike in recognition of his prior contributions over the past 20 plus years and the very substantial and positive influence that he had on its development.

• NEW Chapter 3 content that expands coverage of ethics, sustainability, and corporate governance (ESG). The NEW practitioner perspective in this section provides students with valuable insight into how this study area will inform their practices

• UPDATED with coverage of topics such as Blockchain, cloud-based computing technology, public sector accounting, and closing entries as well as the Woolworths Annual Report (2023) used as a real-world example throughout the text

• NEW Excel activities in the selected chapters and downloadable worksheets in MindTap allow students to test their understanding and knowledge in practice

• Authentic conceptual approach: practical worked examples, worksheets and real-world case studies illustrate the connection between accounting concepts and decision making for students

• Stop and Think questions allow students to test their understanding as they move through each chapter to ensure a complete understanding

• Practitioner Perspectives at the beginning of each part give students an insight into how accounting theory informs their day-to-day practice. Part 1 Practitioner Perspective is from an experienced financial executive and Part 2 Practitioner Perspective gives a management point of view

• Support student self-evaluation and revision with the end of each chapter summary of key chapter topics, review questions, problems for discussion and analysis, and an ethics case study

• Premium online teaching and learning tools are available on the MindTap platform – the personalised eLearning solution. MindTap is a flexible and easy-to-use platform that helps build student confidence and gives you a clear picture of their progress. MindTap for Hancock’s Contemporary Accounting 11th Edition is full of innovative resources to support critical thinking, and help your students move from memorisation to mastery! Includes: Hancock’s Contemporary Accounting 11th Edition eBook, 'What do you think?' polling activities, 'Why it matters' concept videos, revision quizzes and more. MindTap is a premium purchasable eLearning tool. Contact your Cengage learning consultant to find out how MindTap can transform your course

• Instructor Website. Your #1 resource for your course. This tailored collection of teaching tools includes a solutions manual, downloadable PowerPoint lecture slides, a Test Bank, and artwork. Log in or request an account to access instructor resources at au.cengage.com/instructor/account for Australia or nz.cengage.com/instructor/account for New Zealand

• A bank of questions has been developed in conjunction with the text for creating quizzes, tests and exams for your students. Create multiple test versions in an instant and deliver tests from your LMS, your classroom, or wherever you want using Cognero. Cognero test generator is a flexible online system that allows you to import, edit, and manipulate content from the text's test bank or elsewhere, including your own favourite test questions

Cengage provides a range of supplements that are updated in coordination with the main title selection. For more information about these supplements, contact your Learning Consultant.

Cengage Testing, powered by Cognero for Hancock/Robinson/Bazley's Contemporary Accounting
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Cognero Test Bank for Hancock/ Robinson/Bazley's Contemporary Accounting Instant Access for 2 Terms
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Contemporary Accounting Instructor Companion Website
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Contemporary Accounting Instructor Solutions Manual
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Contemporary Accounting PowerPoint Slides
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