ESCP Europe

This market leading text provides comprehensive coverage of financial accounting and reporting to enable you to discuss and apply IFRS compliant financial statements. With the balance of theoretical principles and practical applications, this book will aid you in the advancement of your studies and professional career.

Table of Contents PART 1 Introduction to accounting on a cash flow and accrual accounting basis 1 Accounting and reporting on a cash flow basis 3 2 Accounting and reporting on an accrual accounting basis 21 PART 2 Preparation of internal and published financial statements 3 Preparation of financial statements of comprehensive income, changes in equity and financial position 32 4 Annual Report: additional financial disclosures 67 5 Statements of cash flows 99 PART 3 Regulatory framework an attempt to achieve uniformity 209 6 Financial reporting evolution of global standards 211 7 Concepts evolution of an international conceptual framework 234 8 Ethical behaviour and implications for accountants 248 PART 4 Income and asset value measurement systems 127 9 Income and asset value measurement: an economists approach 129 10 Accounting for price-level changes 148 11 Revenue recognition 184 PART 5 Statement of financial position equity, liability and asset measurement and disclosure 273 12 Share capital, distributable profits and reduction of capital 275 13 Liabilities 298 14 Financial instruments 321 15 Employee benefits 360 16 Taxation in company accounts 388 17 Property, plant and equipment (PPE) 412 18 Leasing 449 19 Intangible assets 468 20 Inventories 497 21 Construction contracts 523 PART 6 Consolidated accounts 547 22 Accounting for groups at the date of acquisition 549 23 Preparation of consolidated statements of financial position after the date of acquisition 568 24 Preparation of consolidated statements of income, changes in equity and cash flows 582 25 Accounting for associates and joint arrangements 605 26 Introduction to accounting for exchange differences 632 PART 7 Interpretation 653 27 Earnings per share 655 28 Review of financial statements for management purposes 680 29 Analysis of published financial statements 713 30 An introduction to digital financial reporting 755 PART 8 Accountability 773 31 Corporate governance 775 32 Integrated reporting - sustainability environmental and social 808 Index 837.