Financial Literacy For The 21st Century

Financial literacy is an essential life skill which will empower individuals from all walks of life to make sound decisions about their money and financial destiny. However, most stu-dents, new entrepreneurs and others find the subject area daunting, especially those without any accounting or personal finance management background.

Financial literacy for the 21st-century; an accounting and personal finance perspective is designed to demystify the prin-ciples of financial accounting and assist 'non-accountants' to build financial confidence, make more informed financial decisions and become financially empowered. Financial literacy for the 21st-century; an accounting and personal finance perspective breaks down complex financial literacy topics by providing simple, relatable explanations and presenting real-life examples and exercises. Self-study questions encourage reflection and application to individual contexts.

Financial literacy for the 21st century; an accounting and personal finance perspective is aimed at undergraduate and postgraduate students as well as other individuals who are en-countering accounting and financial management for the first time.

The editor and author, A. Bhana (PhD), and contributing authors (in alphabetical order) M.A.E. Khoza, L.B.G. Manuel (PhD), M. Mdingi, A. Modise (PhD) and S. Qeke, have many years of academic and industry experience. Their specialisations are in financial accounting (IFRS based), management accounting, auditing, taxation and financial management.