Description

Familiarise your students with the fundamental principles of Financial Accounting.

Financial Accounting is a core textbook that will help your students acquire a deeper understanding of the main concepts around the discipline.

With a clear and accessible writing style, this text is an essential learning resource to support your teaching.

Features

Hallmark features of this title

A comprehensive guide from theory to practice reflecting current issues and developments

• Coverage of definitions and terminology, 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.

A pedagogical structure supports your students' understanding of the topics.

• Activities help students delve into issues that come up in Financial Accounting.
• Questions testing your understanding are graded according to difficulty.
• Focus on specific knowledge outcomes with end-of-chapter self-evaluation.
• Flexible course structure provides the theoretical background and principles early in the chapter and the practical application later.

New to this Edition

New and updated features of this title

Updated to cover recent developments in the field, with new content material and case studies.

• Thoroughly revised according to recent regulations.
• Updated to align definitions with the 2018 IASB Conceptual Framework.
• New and updated 'Real World' case studies in the text give examples from real-world companies and reflect current conditions.
• Activities aligned to each chapter section, encourage students to explore and consider issues from different angles.
• Expanded for this edition, are experience-driven conversations between two managers, included throughout and updated with an even more practical emphasis.

Table of Contents

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 WeetmanBA, BSc (Econ), Ph.D., CA, FRSE, is Professor Emerita of Accounting at the University of Edinburgh, with extensive experience in teaching at undergraduate and postgraduate levels and 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.