Financial Accounting and Reporting, 18th Edition

PART 1

Introduction to accounting on a cash flow and accrual accounting basis

1   Accounting and reporting on a cash flow basis    3

2   Accounting and reporting on an accrual accounting basis   21

PART 2

Preparation of internal and published financial statements

3   Preparation of financial statements of comprehensive income, changes in equity and financial position 32

4   Annual Report: additional financial disclosures   67

5   Statements of cash flows 99

PART 3
Regulatory framework – an attempt to achieve uniformity   209

6   Financial reporting – evolution of global standards    211

7   Concepts – evolution of an international conceptual framework 234

8    Ethical behaviour and implications for accountants 248

PART  4
Income and asset value measurement systems    127

9   Income and asset value measurement: an economist’s approach 129

  10 Accounting for price-level changes    148

11   Revenue recognition   184

PART 5
Statement of financial position – equity, liability and asset measurement and disclosure 273

12   Share capital, distributable profits and reduction of capital    275

13   Liabilities 298

14   Financial instruments 321

15   Employee benefits   360

16   Taxation in company accounts 388

17   Property, plant and equipment (PPE) 412

18   Leasing 449

19   Intangible assets   468

20   Inventories 497

21   Construction contracts   523

PART 6
Consolidated accounts 547

22   Accounting for groups at the date of acquisition 549

23   Preparation of consolidated statements of financial position after the date of acquisition       568

24   Preparation of consolidated statements of income, changes in equity and cash flows    582

25   Accounting for associates and joint arrangements   605

26   Introduction to accounting for exchange differences    632

PART 7
Interpretation 653

27   Earnings per share   655

28   Review of financial statements for management purposes 680

29   Analysis of published financial statements 713

30   An introduction to digital financial reporting 755

PART  8
Accountability 773

31   Corporate governance   775

32   Integrated reporting - sustainability – environmental and social   808

Index837