The most authoritative financial reporting text for second and third-year courses, Loftus’ Financial Reporting is back in a new fourth edition with updates to the Australian Accounting Standards (up to May 2022), making it the most current book on the market. New to this edition is an entire chapter on ethics, a completely reworked sustainability chapter and an expanded integration of New Zealand standards and examples. The new edition encourages students to not only develop a conceptual understanding of the content, but to also apply it in a variety of practical contexts.
Supported by a variety of digital resources like interactive worked problems and questions with immediate feedback, Financial Reporting is a textbook designed for an engaging, interactive learning experience.
Chapter 1. Accounting regulation and the conceptual framework Chapter 2. Application of accounting theory Chapter 3. Ethics Chapter 4. Fair value measurement Chapter 5. Inventories Chapter 6. Property, plant and equipment Chapter 7. Intangible assets Chapter 8. Impairment of assets Chapter 9. Provisions, contingent liabilities and contingent assets Chapter 10. Employee benefits Chapter 11. Leases Chapter 12. Financial instruments Chapter 13. Income taxes Chapter 14. Share capital and reserves Chapter 15. Share-based payment Chapter 16. Revenue Chapter 17. Presentation of financial statements Chapter 18. Statement of cash flows Chapter 19. Accounting policies and other disclosures Chapter 20. Earnings per share Chapter 21. Operating segments Chapter 22. Related party disclosures Chapter 23. Environmental, social and governance reporting Chapter 24. Foreign currency transactions and forward exchange rates Chapter 25. Translation of foreign currency financial statements Chapter 26. Business combinations Chapter 27. Consolidation: Controlled entities Chapter 28. Consolidation: Wholly owned entities Chapter 29. Consolidation: Intragroup transactions Chapter 30. Consolidation: Non-controlling interest Chapter 31. Consolidation: Other issues Chapter 32. Associates and joint ventures Chapter 33. Joint arrangements Chapter 34. Insolvency and liquidation (online chapter) Chapter 35. Accounting for mineral resources (online chapter) Chapter 36. Agriculture (online chapter)
