ESCP Europe

Item type

Ebook

Language

English

Publication year

2022

Edition no.

20th ed.

ISBN

9781292401058

Note

• 20 user licences on Vital Source + 1 user licence on Proquest

Subjects

ACCOUNTING - FINANCIAL ANALYSIS - MANAGEMENT CONTROL

The 20th edition of Financial Accounting and Reporting by Jamie Elliott and Barry Elliott provides a comprehensive overview of financial accounting and reporting,?equipping you with the knowledge?to?prepare?and?critically discuss?IFRS compliant financial statements,?and introducing you to the?commercial issues surrounding these.?Now with enhanced coverage of interpretation of financial statements, ethical issues and accountability,?the authors provide essential knowledge for advancing your studies and career. Key features? Exercises of varying difficulty including questions from past exam papers of professional accounting bodies? Illustrations taken from real-world international company reports and accounts, which?have been updated for this edition and?help to demonstrate the applications of key principles in the life of real companies? Up-to-date content including?new material?on accountability,?sustainability,?ethical problems?and the future of audit services?? Includes?the latest accounting standards set out in?the?IFRS,?IAS?and?the Conceptual Framework for Financial Reporting, plus a discussion of the?proposed IFRS on General Presentation and Disclosure? Improved flow?of topics and revised explanations makes the text even easier to follow and use? Instructors, pair this text with?MyLab?Accounting By combining trusted author content with digital tools and a flexible platform, MyLab? personalises the learning experience and improves results for each student. MyLab?Accounting?has been expanded for this edition?to better align with feedback received from accounting course leaders and?now?includes over?1600?questions that can be assigned to students, including more exercises on accounts preparation for group accounts.?

TABLE OF CONTENTS: PART 1 INTRODUCTION TO ACCOUNTING ON A CASH FLOW AND ACCRUAL ACCOUNTING BASIS 1. 1.Accounting and reporting on a cash flow basis 2. 2.Accounting and reporting on an accrual accounting basis PART 2 PREPARATION OF INTERNAL AND PUBLISHED FINANCIAL STATEMENTS 3. 3.Preparation of financial statements of profit or loss and other comprehensiveincome, changes in equity and financial position 4. 4.Annual report: additional financial disclosures 5. 5.Statements of cash flows 6. 6.Accounting for price-level changes PART 3 REGULATORY FRAMEWORK AN ATTEMPT TO ACHIEVE UNIFORMITY 7. 7.Financial reporting evolution of global standards 8. 8.Concepts evolution of an international conceptual framework 9. 9.Revenue recognition PART 4 STATEMENT OF FINANCIAL POSITION EQUITY, LIABILITY AND ASSET MEASUREMENT AND DISCLOSURE 10. 10.Share capital, distributable profits and reduction of capital 11. 11.Liabilities 12. 12.Financial instruments 13. 13.Employee benefits 14. 14.Taxation in company accounts 15. 15.Property, plant and equipment (PPE) 16. 16.Leasing 17. 17.Intangible assets 18. 18.Inventories 19. 19.Construction contracts PART 5 CONSOLIDATED ACCOUNTS 20. 20.Accounting for groups at the date of acquisition 21. 21.Preparation of consolidated statements of financial position after thedate of acquisition 22. 22.Preparation of consolidated statements of profit or loss, changes in equityand cash flows 23. 23.Accounting for associates and joint arrangements 24. 24.Introduction to accounting for exchange differences PART 6 INTERPRETATION 25. 25.Earnings per share 26. 26.Review of financial ratio analysis 27. 27.Analysis of published financial statements PART 7 ACCOUNTABILITY 28. 28.Corporate governance 29. 29.Ethicalbehaviour and implications for accountants 30. 30.Integrated reporting: sustainability, environmental and social Index.