This book entirely based on the Polytechnic MOHE syllabus for Diploma in Accountancy. As Financial Accounting 2 is a core subject, students need to have comprehensive understanding of this subject with the updated knowledge of Malaysian Accounting Standard Board (MASB) and Malaysian Financial Reporting Standards (MFRSs) regulation. This will help them to understand concepts and relevant knowledge of financial accounting. This book will cover all the topics consist of Accounting for Cash and Cash Equivalents, Accounting for Inventories, Accounting for Property, Plant and Equipment, Accounting for Trade Receivables, Accounting for Trade Payables, Provisions & Contingent Liabilities/Assets, Accounting for Revenues & Expenses and Accounting for Partnership.