Description
Cengage Financial Reporting 7 /E by Anne Britton , David Alexander
The seventh edition of this popular and established text, Financial Reporting, combines financial accounting theory with a detailed examination of the legal and regulatory framework of accounting. The clear explanations, interspersed with activities and feedback to stimulate interest in the topics, make it the ideal text for second and third year students of accounting, MBA and professional students. PART 1: THE CONCEPTUAL FRAMEWORK.1. Accounting Theory, or Accounting can be Interesting. 2. The Objectives of Financial Statement and their Usefulness to the General User Groups. 3. Traditional Accounting Conventions. 4. Economic Valuation Concepts. 5. Current Entry Values 6. Current Exit Value and Mixed Values 7. Current Purchasing Power Accounting 8. The UK Position: Past, Present and Future? 9. Some Possible Extensions to the Accounting Framework. 10. Towards a General Framework. 11. The International Dimension. PART II: THE LEGAL FRAMEWORK. 12. Limited Liability Companies. 13. The Companies Act and Published Accounts. PART III: THE REGULATORY FRAMEWORK.14. The Accounting Standard Setting Process. 15. Accounting Principles (FRS 18, SSAP 2, ASB Statement of Principles). 16. Fixed Assets and Goodwill (FRS 10,11,15, SSAP 4, 12,19, 22). 17. Research and Development (SSAP 13). 18. Substance Over Form. 19. Leases and Hire Purchase Contracts (SSAP 21). 20. Stock and Long-term Contracts (SSAP 9). 21. Taxation (FRS 16 and 19, FRED 19, SSAP 5, 8 and 15 and discussion paper). 22. Pension Costs (FRS 17, FRED 20, SSAP 24). 23. Post- Balance Sheet Events and Provisions and Contingencies (SSAP 17, FRS 12). 24. Group Accounts and Associated Companies (SSAP 1, 14, 23 and FRS 2, 6, 7, and 9). 25. Foreign Currency Translation (SSAP 20). 26. Reporting Financial Performance (SSAP 3,25, FRS 3, FRED 22 and discussion paper). 27. Cash Flow Statements (FRS 1). 28. Interpretation of Financial Statements. 29. Financial Statement Analysis. Bibliography. Index.