Our market-leading seventh edition of Financial Accounting: Reporting, Analysis and Decision Making has been thoroughly updated to reflect the Conceptual Framework for Financial Reporting 2018.
This text focuses on giving students real company financials. It explores how this information can be analysed, interpreted, and applied to management and business decision-making. The text comes with an access code that unlocks an Interactive eBook which provides students with real world videos, practice exercises and constant feedback to remove the roadblocks to successful self-study.
Preface xi About the authors xiii Key features xv Chapter 1: An introduction to accounting 1 Chapter 2: The recording process 77 Chapter 3: Accrual accounting concepts 133 Chapter 4: Inventories 190 Chapter 5: Reporting and analysing inventory 234 Chapter 6: Accounting information systems 283 Chapter 7: Reporting and analysing cash and receivables 352 Chapter 8: Reporting and analysing non-current assets 413 Chapter 9: Reporting and analysing liabilities 465 Chapter 10: Reporting and analysing equity 512 Chapter 11: Statement of cash flows 559 Chapter 12: Financial statement analysis and decision making 626 Chapter 13: Analysing and integrating GAAP 684 Appendix: Time value of money 736 Index 751