Financial Accounting: GAAP Principles, 3rd Edition

Author: Ilse Lubbe; Goolam Modack; Alex Watson
Publisher: Oxford University Press
ISBN: 9780195998115
Published In: September 2011
Format: Paperback , 800 pages
Jurisdiction: South Africa ? Disclaimer:
Countri(es) stated herein are used as reference only

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Description
Contents
Author

Details

Concepts-based approach ensures that the book is concept-driven as opposed to being a manual that helps students to pass.
Includes complete curriculum for undergraduate studies - only one book used for second and third year which covers entire curriculum.
Multifaceted examples prepare students for the different accounting scenarios they will encounter in their working life.
Carefully developed questions test a range of different accounting concepts from different perspectives.

Accounting GAAP Principles 3rd edition is an accessible textbook which assumes a basic knowledge of financial accounting. The book uses a concepts-based approach and sound pedagogy which helps readers understand and apply the accounting standards collectively known as Generally Accepted Accounting Practice (GAAP). The textbook covers the complete curriculum for undergraduate studies so that only one book can be used for second and third year. There are also multi-faceted examples and carefully developed questions which test a range of concepts from various perspectives. These features will prepare students for the different accounting scenarios they will encounter in their working life.

Readership: Second- and third-year financial accounting textbook aimed at CA and non-CA BCom students at universities and National Diploma (Accounting) students at universities of technology.

PART 1: FINANCIAL REPORTING
1: The financial reporting environment
2: Review of the Accounting Framework
3: Presentation of Financial Statements, IAS1, IAS14, IAS24, IAS34 and IFRS8
PART 2: STATEMENT OF FINANCIAL POSITION
4: Property, plant and equipment, IAS16
5: Investment properties, IAS40
6: Intangible assets, IAS38
7: Inventories, IAS2
8: Financial Instruments, IAS32 and 39
9: Impairment of assets, IAS36
10: Provisions, contingent assets and contingent liabilities, IAS37
11: Leases, IAS17
12: Income taxes, IAS12
13: Borrowing costs, IAS23
14: Events after reporting date, IAS10
15: Non-current assets held for sale and discontinued operations, IFRS5
16: Owners' equity of companies, IAS1
PART 3: STATEMENT OF COMPREHENSIVE INCOME
17: Revenue, IAS18
18: Accounting policies, changes in accounting estimates and errors, IAS8
19: Expenses, gains and losses, IAS1 & IAS19
20: Foreign exchange changes, IAS21
21: Share based payments, IFRS2
PART 4: ACCOUNTING FOR GROUPS
22: Business combinations, IFRS3
23: Consolidation and separate financial statements, IAS27
24: Foreign operations, IAS21
25: Investments in associates, IAS28
26: Interest in joint ventures, IAS31
PART 5: OTHER REPORTING
27: Statements of cash flows, IAS7
28: Earnings per share, IAS33