The 19th edition of this market-leading text provides a comprehensive overview of financial accounting and reporting, with the aim of ensuring you are able to prepare and also critically discuss IFRS compliant financial statements. With balanced coverage of theoretical principles and up-to-date practical application of current international standards, the authors provide essential knowledge for advancing your studies and career.
New to this edition:
Chapter 7 'Concepts - evolution of an international conceptual framework' has been re-written following completion of the Conceptual Framework
Chapter 18 'Leasing' has been revised in response to IAS 17 being superseded
Chapter 30 'An introduction to digital financial reporting' has been revised to discuss further developments in financial reporting on the internet
Chapter 31 'Corporate finance'
Chapter 32 'Integrated reporting: sustainability, environmental and social' have been updated to reflect the growing interest in and importance of integrated reporting
Updated and refreshed exercises
Fully updated coverage of IFRS and IAS including latest IFRS 9, 15 and 16
Key features:
Exercises of varying difficulty including questions from past examination papers of professional accounting bodies
Illustrations taken from real-world international company reports and accounts
Extensive references included at the end of chapters
For lecturers, complete solutions to all exercises in the book available on catalogue website
For students, complete solutions for selected exercises in the text are available on a companion website found at www.pearsoned.co.uk/elliottelliott
MyLab Accounting is not included.