Korvaava tuote: 9780273703402

The third edition of this revised and fully updated text covers the financial accounting section of the author's Financial and Management Accounting, third edition, for those students not requiring management accounting, which forms Volume II.

The third edition of this revised and fully updated text continues to provide students with a clear and well-structured introduction to financial accounting within a sound conceptual framework. It covers the financial accounting section of the author's Financial and Management Accounting, third edition, for those students not requiring management accounting, which forms Volume II. The new edition retains all of the classic features that have contributed to the book’s success: clarity of expression, the focus on the accounting equation, student activities and real-life commentaries running through each chapter, and the inclusion of the Safe and Sure annual report as an example of a listed company. The book outlines the regulatory process which controls the quality and quantity of information in financial statements and looks at some of the limitations of traditional accounting practices. There is a strong emphasis on the Statement of Principles issued by the Accounting Standards Board and on the 'why' rather than simply the 'what'. The underpinning conceptual framework focuses on the needs of users of financial information.