Advanced Financial Accounting,
By Richard Lewis, et al.
Financial Times / Pearson Education
$117.50 paper original
Advanced Financial Accounting is written for second and third year financial
accounting courses on accounting or business studies degrees. It also provides
extensive coverage of the syllabuses for the advanced papers in financial accounting
and financial reporting of the ACCA, CIMA, ICAEW, ICAI and ICAS. Rigorous in
its approach, Advanced Financial Accounting tackles the more complex issues
of the subject in a lively and engaging mannner. Familiar in its structure and
treatment of basic concepts, the seventh edition has, none the less, been thoroughly
revised and updated to reflect recent and planned developments in financial
reporting. Thus it explains the considerable changes which are scheduled to
take place in the European Union during the next few years and the increasing
importance of the International Accounting Standards.
It includes greater coverage of the International Standards and provides in
depth discussion of such issues as accounting for financial instruments, deferred
taxation and stock options as well as exploring the impact of the major changes
which have occurred in the accounting treatment of pension costs. This leading
text continues to provide both clear explanations and critical evaluations of
current accounting practice, especially as found in national and international
accounting standards, and relates them to the needs of users of financial statements.
PART I THE FRAMEWORK OF FINANCIAL REPORTING 1. The search for principles 2.
Sources of authority: the United Kingdom 3. Sources of authority: the rise of
international standards 4. What is profit?
PART II FINANCIAL REPORTING IN PRACTICE 5. Assets I 6. Assets II 7. Liabilities
8. Financial instruments 9. Substance over form and leases 10. Pension costs
11. Reporting financial performance 12. Taxation: current and deferred 13. Business
combinations and goodwill 14. Investments and groups 15. Associates and joint
ventures 16. Overseas involvement 17. Expansion of the annual report 18. Capital
reorganisation, reduction and reconstruction PART III ACCOUNTING AND PRICE CHANGES
19. Accounting for price changes 20. Current cost accounting 21. Beyond current
cost accounting Index
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