Gain an academic and practical understanding of financial accounting and reporting with this comprehensive textbook and learn how to prepare and discuss financial statements in the real world. Financial Accounting and Reporting, 20th edition,by Jamie & Barry Elliott provides a comprehensive overview of this demanding subject, equipping you with the knowledge to prepare and critically discuss financial statements.

This edition provides enhanced coverage of financial statements interpretation according to the IFRS, considering all the risk factors that companies and accountants need to tackle on a daily basis. With this in mind, the book offers an extensive analysis of the topics and risks to support your understanding of the issues both on a commercial and technical level.

Additionally, the latest edition offers further discussion on ethical issues and accountability, ensuring you get the tools and knowledge you need to advance your studies and career in the field.

Key features

• Improved flow of topics and revised explanations make the text even easier to follow and understand.
• Exercises of varying difficulty include questions from past examination papers of professional accounting bodies.
• Updated illustrations, taken from real-world examples of international companies' reports and accounts, demonstrate the application of key principles in practice.
• Up-to-date content includes new material on accountability, sustainability, ethical problems, and the future of audit services.

• Includes the latest accounting standards, as set out in the IFRS, IAS and the Conceptual Framework for Financial Reporting, as well as a discussion of the proposed IFRS on General Presentation and Disclosure.
  Meeting the ethical, judgmental, and technological challenges as an accountant requires thorough academic and professional preparation. This market-leading text provides the foundation necessary to help you develop the technical and critical skills you need to excel later in your career.

  For Second Year Financial Accounting modules or modules on Financial Reporting on undergraduate and MBA courses.

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9781292409092 Financial Accounting and Reporting, 20th edition with MyLab® Accounting

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• 9781292399805Financial Accounting and Reporting 20th edition
• 9781292401034 Financial Accounting and Reporting 20th edition MyLab Accounting

• 9781292401041 Financial Accounting and Reporting 20th edition Pearson eText
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  Autorentext

  Jamie Elliott is ädirector who has worked for Deloitte, Huawei, Panasonic and Mott MacDonald. Prior to that, he lectured on undergraduate degree programmes and as Assistant Professor on MBA and Executive Education programmes at the London Business School.

  Barry Elliott has extensive teaching experience at undergraduate, postgraduate and professional levels in England, New Zealand, China, Hong Kong and Singapore. He has worked for Coopers & Lybrand as a Training Manager in London and National Training Manager in Australia. He has wide experience as an external examiner in higher education at all levels of professional education.

  Klappentext

  For second year Financial Accounting modules or modules on Financial Reporting on undergraduate and MBA courses. Available with MyLab Accounting

  **

  'Well-structured, informative, and enriched with relevant examples. The coverage of established and contemporary issues within financial accounting and reporting is comprehensive.'

  Dr Chloe Wu, Lecturer and Assistant Professor in Accounting and Finance, University of Leeds

  Gain a comprehensive understanding of financial accounting and reporting, and learn to prepare and discuss financial statements

  The 20th edition of Financial Accounting and Reporting by Jamie Elliott and Barry Elliott provides a comprehensive overview of financial accounting and reporting, equipping you with the knowledge töprepare and critically discuss IFRS compliant financial statements, and introducing you to the commercial issues surrounding these. Now with enhanced coverage of interpretation of financial statements, ethical issues and accountability, the authors provide essential knowledge for advancing your studies and career.

  Key features

• Exercises of varying difficulty including questions from past exam papers of professional accounting bodies
• Illustrations taken from real-world international company reports and accounts, which have been updated for this edition and help to demonstrate the applications of key principles in the life of real companies
• Up-to-date content including new material on accountability, sustainability, ethical problems and the future of audit services
• Includes the latest accounting standards set out in the IFRS, IAS and the Conceptual Framework for Financial Reporting, plus a discussion of the proposed IFRS on General Presentation and Disclosure

• Improved flow of topics and revised explanations makes the text even easier to follow and use

  Instructors, pair this text with MyLab Accounting

  By combining trusted author content with digital tools and a flexible platform, MyLab(TM) personalises the learning experience and improves results for each student. MyLab Accounting has been expanded for this edition to better align with feedback received from accounting course leaders and now includes over 1600 questions that can be assigned to students, including more exercises on accounts preparation for group accounts.

  If you would like to purchase both the physical text and MyLab Accounting search for:

  9781292409092 Financial Accounting and Reporting 20th edition with MyLab Accounting

  Package consists of:

• 9781292399805 Financial Accounting and Reporting 20th edition
• 9781292256061 Financial Accounting and Reporting 20th edition MyLab Accounting

• 9781292256030 Financial Accounting and Reporting 20th edition Pearson eText Pearson, the world's learning company.

  Inhalt

  Brief contents:

  PART 1 INTRODUCTION TO ACCOUNTING ON A CASH FLOW AND ACCRUAL ACCOUNTING BASIS 1.Accounting and reporting on a cash flow basis 2.Accounting and reporting on an accrual accounting basis
  PART 2 PREPARATION OF INTERNAL AND PUBLISHED FINANCIAL STATEMENTS 3.Preparation of financial statements of profit or loss and other comprehensiveincome, changes in equity and financial position 4.Annual report: additional financial disclosures 5.Statements of cash flows 6.Accounting for price-level changes
  PART 3 REGULATORY FRAMEWORK - AN ATTEMPT TO ACHIEVE UNIFORMITY 7.Financial reporting - evolution of global standards 8.Concepts - evolution of an international conceptual framework 9.Revenue recognition
  PART 4 STATEMENT OF FINANCIAL POSITION - EQUITY, LIABILITY AND ASSET MEASUREMENT AND DISCLOSURE 10.Share capital, distributable profits and reduction of capital 11.Liabilities 12.Financial instruments 13.Employee benefits 14.Taxation in company accounts 15.Property, plant and equipment (PPE) 16.Leasing 17.Intangible assets 18.Inventories 19.Construc…