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Introduction to Financial Accounting 10e

Autor Anne Marie Ward, Andrew Thomas, Mike Farrell
en Limba Engleză Paperback – 20 mar 2024
The 10th edition of Introduction to Financial Accounting provides comprehensive coverage of all the fundamental accounting techniques and practices required by the IFRS, IAS and the Conceptual Framework for Financial Reporting. 
The authors bring the subject to life with stimulating discussions that encourage strategic thinking about the influence that accounting has on economic decision-making and its impact on society. 


This new edition embraces a contemporary approach whilst retaining its renowned concise and student-friendly chapters. Packed with real-world examples, practical content, worked examples and exercises, this essential resource keeps students engaged while enhancing their understanding of complex accounting theory. 




Key features include: 
oCoverage of the latest developments in International Accounting Standards (IAS), International Financial Reporting Standards (IFRS) and the Conceptual Framework for Financial Reporting. 
oA new chapter on Public Accountability giving background on who accountants should prepare accounts for and what should be included. 
oNew accounting insights to provide practical examples of how issues are handled in real-world scenarios. 
oNew contemporary issues in accounting to make students aware of the emerging issues and innovations that contemporary accountants must consider. 
oUpdated real world examples highlighting European and International accounting scenarios, demonstrating the tangible impact of accounting theory. 
oLearning activities, worked examples and end-of-chapter assessment material that offer students opportunities to practice key concepts and techniques. 
 
Anne Marie Ward is a Professor of Accounting in the Department of Accounting, Finance and Economics at Ulster University. She is also a qualified Chartered Accountant and previously taught professional courses for Chartered Accountants Ireland for 15 years. 


Andrew Thomas is former Senior Lecturer in Accounting and Finance at the University of Birmingham. 


Mike Farrell is a Lecturer in Accounting at University College Cork. He is a Fellow of Chartered Accountants Ireland and possesses a number of years industry and practice experience.  


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Specificații

ISBN-13: 9781526849878
ISBN-10: 1526849879
Dimensiuni: 196 x 262 x 33 mm
Greutate: 1.6 kg
Ediția:10
Editura: McGraw Hill Education
Colecția McGraw Hill / Europe, Middle East & Africa
Locul publicării:United Kingdom

Cuprins

PART 1: The framework of accounting 
1 Introduction to financial accounting
2 Financial reporting: institutional framework and standards
3 Conceptual Frameworks: objective of financial statements and the qualitative characteristics of financial information
4 Underpinning assumptions of financial reporting, recognition, measurement and accounting policies
5 Public accountability: a stakeholder perspective
6 Corporate governance, ethics and climate change


PART 2: Double-entry bookkeeping (recording transactions and the books of account) 
7 The accounting equation and its components 
8 Basic documentation and books of account 
9 Double entry and the general ledger 
10 The balancing of accounts and the trial balance
11 Credit sales, purchases and journal entries  
12 The cash book and petty cash book 


PART 3: Preparing final financial statements for sole traders 
13 The final financial statements of sole traders (introductory) 
14 Adjustment for depreciation and non-current assets 
15 Adjustments to financial statements: credit losses and allowance for credit losses 
16 Adjustment for accruals and prepayments 
17 Inventory valuation 
18 The extended trial balance and final financial statements


PART 4: Internal control and check 
19 The bank reconciliation statement 
20 Control accounts 
21 Errors and suspense accounts 
22 Single entry and incomplete records 


PART 5: Partnerships 
23 The final financial statements of partnerships 
24 Changes in partnerships 
25 Partnership dissolution and conversion to a limited company 


PART 6: Companies 
26 The nature of limited companies and their capital 
27 The final financial statements of limited companies 
28 Statement of cash flows 
29 The appraisal of company financial statements using ratio analysis 
Appendix 1: Case studies 
Appendix 2: Solutions to exercises 
Glossary 
Index 
 
THE FOLLOWING CHAPTERS ARE AVAILABLE ON THE ONLINE LEARNING CENTER WHICH CAN BE ACCESSED THROUGH OUR CONNECT PLATFORM.
30 Financial statements for manufacturing entities
31 The final financial statements of clubs
32 Changes in share capital
33 An introduction to consolidated financial statements
34 Value added tax, columnar books of prime entry and the payroll
35 Accounting for changing price levels