ESCP Europe

"Our objective is to provide a balanced and comprehensive framework to enable students to acquire the requisite knowledge and skills to appraise current practice critically and to evaluate proposed changes from a theoretical base. To this end, the text contains: - extracts from current IASs and IFRSs; - illustrations from published accounts; - a range of review questions; - exercises of varying difficulty; - extensive references. [...] This market-leading text offers a comprehensive overview of financial accounting and reporting. You will find worked examples and useful illustrations throughout the text to support your learning. With both theoretical and practical coverage, the authors provide essential knowledge that you need to advance in your studies and career" - in preface and book jacket.

Part 1. PREPARATION OF FINANCIAL STATEMENTS --- 1 Accounting and reporting on a cash flow basis --- 2 Accounting and reporting on an accrual accounting basis ---3. Preparation of financial statements of comprehensive income, changes in equity and financial position --- 4. Annual Report: additional financial statements --- 5. Statements of cash flows ---- Part 2. INCOME AND ASSET VALUE MEASUREMENT SYSTEMS --- 6. Income and asset value measurement: an economists approach --- 7. Accounting for price-level changes --- 8. Revenue recognition --- Part 3. REGULATORY FRAMEWORK AN ATTEMPT TO ACHIEVE UNIFORMITY --- 9. Financial reporting evolution of global standards --- 10. Concepts evolution of an international conceptual framework --- 11. Ethical behaviour and implications for accountants --- Part 4. STATEMENT OF FINANCIAL POSITION EQUITY, LIABILITY AND ASSET MEASUREMENT AND DISCLOSURE --- 12 Share capital, distributable profits and reduction of capital --- 13. Liabilities --- 14. Financial instruments --- 15. Employee benefits --- 16. Taxation in company accounts --- 17. Property, plant and equipment (PPE) --- 18. Leasing --- 19. Intangible assets --- 20. Inventories --- 21. Construction contracts --- Part 5. CONSOLIDATED ACCOUNTS --- 22. Accounting for groups at the date of acquisition --- 23. Preparation of consolidated statements of financial position after the date of acquisition --- 24. Preparation of consolidated statements of income, changes in equity and cash flows --- 25. Accounting for associates and joint arrangements --- 26 Introduction to accounting for exchange differences --- Part 6. INTERPRETATION --- 27. Earnings per share --- 28. Review of statements for management purposes --- 29. Analysis of published financial statements --- 30. An introduction to financial reporting on the Internet ---Part 7. ACCOUNTABILITY --- 31. Corporate governance --- 32. Sustainability - environmental and social reporting.