ABSTRACT
Financial accounting is the branch of accounting thought and practice concerned with preparing and providing information for external users of financial statements. This textbook helps students to understand the concepts that underpin the application of accounting theory to solve accounting problems.
This international edition includes extracts from financial statements, definitions of key terms and exam examples. Unlike other textbooks, the author provides analysis of why accountants do what they do, and not just how. With such a wealth of accounting models and diagrams intertwined with this analysis, this book guides the reader through all the practicalities and concepts of financial accounting. Additional online questions, exercises and problems provide an opportunity to put this new-found knowledge into practice along the way.
This book is an essential guide for students new to accountancy, and an equally useful tool for more experienced students and researchers.
TABLE OF CONTENTS
part |2 pages
Part I A conceptual overview
part |2 pages
Part II The accounting process
part |2 pages
Part III The accounting process expanded
part |2 pages
Part IV Recognition and measurement of the elements of financial statements
part |2 pages
Part V Entity forms
part |2 pages
Part VI Sundry topics