Financial Accounting & Reporting, 15th edition


By Barry Elliott & Jamie Elliott
January 2012
Prentice Hall / Pearson Education
Distributed By Trans-Atlantic Publications
ISBN: 9780273760887
919 Pages
$117.50 paper original


Financial Accounting and Reporting is the most up to date text on the market. Now fully updated in its fifteenth edition, it includes extensive coverage of International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS).

This market-leading text offers students a clear, well-structured and comprehensive treatment of the subject. Supported by illustrations and exercises, the book provides a strong balance of theoretical and conceptual coverage and is available with MyAccountingLab. Students using this book will gain the knowledge and skills to help them apply current standards, and critically appraise the underlying concepts and financial reporting methods.

What is MyAccountingLab? 
It is an online tutorial and assessment system that has been gaining popularity with students and instructors across the globe for over ten years. With more than 300,000 registered students in 2010 doing 4 million assignments, MyAccountingLab is the most effective and reliable learning solution for accounting available today. Features include: A personalised study plan for each student

 

Contents:

Preface and acknowledgements Guided tour of MyAccountingLab

Part 1: PREPARATION OF FINACIAL STATEMENTS

1 Accounting and reporting on a cash flow basis 
2 Accounting and reporting on an accrual accounting basis 
3Preparation of statements of financial statements 
4Annual Report: additional financial statements 
5 Statements of cash flows

Part 2: INCOME AND ASSET VALUE MEASUREMENT SYSTEMS

6 Income and asset value measurement: an economist’s approach
7 Accounting for price-level changes 
8 Revenue Recognition

Part 3: REGULATORY FRAMEWORK – AN ATTEMPT TO ACHIEVE UNIFORMITY99

9 Financial reporting – evolution of global standards 10 Concepts – evolution of a global 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 &nbp; 
17 Property, plant and equipment (PPE) 
18 Leasing 
19 R&D, goodwill, intangible assets and brands 
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 comprehensive income, changes in equity and cash flows 
25 Accounting for associates and joint ventures 
26 Accounting for the effects of changes in foreign exchange rates under IAS21

Part 6: INTERPRETATION

27 Earnings per share
28 Review of financial ratio analysis 
29 Analytical analysis – selective use of ratios 
30 An introduction to financial reporting on the Internet

Part: ACCOUNTABILITY

31 Corporate governance 
32 Sustainability – environmental and social reporting



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