Description

With a comprehensive and accessible introduction to the subject, Financial Accounting for Decision Makers focuses on the ways in which financial statements and information can be used to improve the quality of decision making. The practical emphasis throughout the book ensures the material is always relevant, whilst the authors’ style of introducing topics gradually and explaining technical terminology in a clear, friendly style caters for all students, whether on specialist accounting or non-specialist business degrees.

 

MyLab Accounting is not included. Students, if MyLab Accounting is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN and course ID. MyLab Accounting should only be purchased when required by an instructor. Instructors, contact your Pearson representative for more information.

Features

• Examples from the real world demonstrate the practical application and value of key concepts and techniques.
• Interactive 'open-learning' style, ideal for self-study, encourages you to check your progress continually.
• Coverage of developments to the International Financial Reporting Standards (IFRS)
• Activities and exercises which enable you to constantly test your understanding and reinforce learning.
• Key terms, glossary and bulleted summaries providing excellent revision aids.

New to this Edition

• Examples from the real world have been updated and expanded. These examples demonstrate the practical application and value of key concepts and techniques.
• Coverage of developments to the International Financial Reporting Standards (IFRS) including an update to the discussion of the Conceptual Framework for Financial Reporting.
• Recent changes to corporate governance provisions are explained.
• Chapter 12 now includes more detail about the role of the auditor.

Table of Contents

 

Preface

How to use this book   

Acknowledgements   

1 Introduction to accounting   

2 Measuring and reporting financial position   

3 Measuring and reporting financial performance

4 Accounting for limited companies (1)  

5 Accounting for limited companies (2)  

6 Measuring and reporting cash flows

7 Recognising and reporting assets and liabilities  

8 Analysing and interpreting financial statements (1)   

9 Analysing and interpreting financial statements (2)   

10  Reporting the financial results of groups of companies

11  Increasing the scope of financial reporting  

12  Governing a company

Appendix A Recording financial transactions

Appendix B Glossary of key terms  

Appendix C Solutions to self-assessment questions

Appendix D Solutions to review questions   

Appendix E Solutions to selected exercises   Index

Back Cover

With a comprehensive and accessible introduction to the subject, Financial Accounting for Decision Makers focuses on the ways in which financial statements and information can be used to improve the quality of decision making.  

 

The practical emphasis throughout the book ensures the material is always relevant, whilst the authors’ style of introducing topics gradually and explaining technical terminology in a clear, friendly style caters for all students, whether on specialist accounting or non-specialist business degrees.  

  

Key features: 

• Examples from the real world have been updated and expanded. These examples demonstrate the practical application and value of key concepts and techniques.
• Interactive 'open-learning' style, ideal for self-study, encourages you to check your progress continually.
• Coverage of developments to the International Financial Reporting Standards (IFRS) including an update to the discussion of the Conceptual Framework for Financial Reporting.
• Recent changes to corporate governance provisions are explained.
• Chapter 12 now includes more detail about the role of the auditor.
• Activities and exercises which enable you to constantly test your understanding and reinforce learning.
• Key terms, glossary and bulleted summaries providing excellent revision aids.

 

Join over 10 million students benefiting from Pearson MyLabs

This title can be supported by MyLab Accounting, an online homework and tutorial system designed to test and build your understanding. MyLab Accounting provides a personalised approach, with instant feedback and numerous additional resources to support your learning.

·    A personalised study plan

·    Usable either following chapter-by-chapter structure or by learning objective

·    Worked solutions showing you how to solve difficult problems

·    Limitless opportunities to practise

 

Use the power of MyLab Accounting to accelerate your learning. You need both an access card and a course ID to access MyLab Accounting: 

1. Is your lecturer using MyLab Accounting? Ask your lecturer for your course ID

2. Has an access card been included with the book? Check the inside back cover of the book.

3. If you have a course ID but no access card, go to www.pearson.com/mylab/accounting to buy access.

 

 

Peter Atrill is a freelance academic and author who has worked with leading institutions in the UK, Europe and SE Asia. He was previously Head of Business and Management and Head of Accounting and Law at Plymouth Business School, Plymouth University.

 

Eddie McLaney is an academic author who was formerly the Accounting Subject Group Leader and Principal Lecturer in Accounting and Finance at Plymouth Business School, Plymouth University.

Author

Peter Atrill is a freelance academic and author who has worked with leading institutions in the UK, Europe and SE Asia. He was previously Head of Business and Management and Head of Accounting and Law at Plymouth Business School, Plymouth University.

 

Eddie McLaney is an academic author who was formerly the Accounting Subject Group Leader and Principal Lecturer in Accounting and Finance at Plymouth Business School, Plymouth University.