Introduction to Financial Accounting 10e
Autor Anne Marie Ward, Andrew Thomas, Mike Farrellen Limba Engleză Paperback – 20 mar 2024
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
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
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