Financial Accounting

Series
Pearson
Author
Pauline Weetman  
Publisher
Pearson
Cover
Softcover
Edition
8
Language
English
Total pages
552
Pub.-date
April 2019
ISBN13
9781292244471
ISBN
129224447X
Related Titles



Description

Written by an expert teacher in Financial Accounting, the eighth edition of this well-respected text retains all the features that have contributed to the book’s popularity: focus on the accounting equation, an even greater range of student activities throughout each chapter, a clear and accessible writing style, and extensive use of real-world case studies. With a strong emphasis on the 2018 Conceptual Framework of the International Accounting Standards Board, Financial Accounting: An Introduction guides students in understanding the ‘why’ and not just the ‘what’ of financial accounting.

Features

  • Definitions and terminology are aligned with the 2018 IASB Conceptual Framework

  • Fully up-to-date with the International Financial Reporting Standards (IFRS)

  • Case studies provide examples from real-world companies 

  • Activities help students delve into issues that come up in financial accounting
  • Coverage on fair value throughout
  • Exploration of the Strategic Report and Directors’ Report

  • Focuses on specific knowledge outcomes, with end-of-chapter self-evaluation

  • Questions are graded according to difficulty to test student understanding

New to this Edition

  • Updated to align definitions with the 2018 IASB Conceptual Framework

  • New case studies are included giving examples from real-world companies

  • Activities aligned to each section of a chapter to encourage students to explore and consider issues from different angles

  • Expanded for this edition, experience-driven conversations between two managers are included throughout, updated with an even more practical emphasis

Table of Contents

Preface to the eighth edition

Publisher’s acknowledgements

Part 1 A conceptual framework: setting the scene

1 Who needs accounting?

2 A systematic approach to financial reporting: the accounting equation

3 Financial statements from the accounting equation

4 Ensuring the quality of financial statements

Part 2 Reporting the transactions of a business

5 Accounting information for service businesses

6 Accounting information for trading businesses

Part 3 Recognition in financial statements

7 Published financial statements

8 Non-current (fixed) assets

9 Current assets

10 Current liabilities

11 Provisions and non-current (long-term) liabilities

12 Ownership interest

Part 4 Analysis and issues in reporting

13 Ratio analysis

14 Reporting corporate performance

15 Reporting cash flows

Financial accounting terms defined

Appendices

I Information extracted from annual report of Safe and Sure Group plc,

used throughout Financial Accounting

II Solutions to numerical and technical questions in Financial Accounting

Index

Back Cover

Written by an expert teacher in Financial Accounting, the eighth edition of this well-respected text retains all the features that have contributed to the book’s popularity: focus on the accounting equation, an even greater range of student activities throughout each chapter, a clear and accessible writing style, and extensive use of real-world case studies. With a strong emphasis on the 2018 Conceptual Framework of the International Accounting Standards Board, Financial Accounting: An Introduction guides students in understanding the ‘why’ and not just the ‘what’ of financial accounting.


Key features:


  • Definitions and terminology are aligned with the 2018 IASB Conceptual Framework

  • New case studies giving examples from real-world companies

  • Activities aligned to each section of a chapter to encourage students to explore and consider issues from different angles

  • Expanded for this edition, experience-driven conversations between two managers are included throughout, updated with an even more practical emphasis

  • Coverage on fair value throughout

  • Exploration of the Strategic Report and Directors’ Report

  • Fully up-to-date with International Financial Reporting Standards (IFRS)

  • Focuses on specific knowledge outcomes, with end-of-chapter self-evaluation

  • Questions are graded according to difficulty to test student understanding

Financial Accounting: An Introduction is a core textbook for undergraduates on Business Studies degrees, undergraduates on Accounting courses, students studying accounting for MBA and postgraduate courses, and professional courses where accounting is introduced for the first time.  


Visit www.pearsoned.co.uk/weetman for a suite of resources to accompany this textbook, including:

  • A companion website for students, containing multiple choice questions to enable you to test your knowledge

  • A complete solutions guide for lecturers

  • PowerPoint slides for each chapter for lecturers


Pauline Weetman BA, BSc (Econ), PhD, CA, FRSE, is Professor Emerita of Accounting at the University of Edinburgh, and has extensive experience of teaching at undergraduate and postgraduate level, with previous chairs held at Stirling, Heriot-Watt, Strathclyde and Glasgow Universities. She received the Distinguished Academic Award of the British Accounting Association in 2005.  She has convened the examining board of the Institute of Chartered Accountants of Scotland and was formerly Director of Research at ICAS.

Author

Pauline Weetman BA, BSc (Econ), PhD, CA, FRSE, is Professor Emerita of Accounting at the University of Edinburgh, and has extensive experience of teaching at undergraduate and postgraduate level, with previous chairs held at Stirling, Heriot-Watt, Strathclyde and Glasgow Universities. She received the Distinguished Academic Award of the British Accounting Association in 2005.  She has convened the examining board of the Institute of Chartered Accountants of Scotland and was formerly Director of Research at ICAS.