Financial Accounting, Reporting, and Analysis

• Equips financial accounting students with the ability to understand and interpret financial statements by interweaving three essential elements for every accounting issue: 'how the accounting is done', 'why the accounting is done in this way', and 'what it means for the users'.
• Provides a contemporary approach, setting the discussion of accounting issues in the context of the IASB's current aim of decision-usefulness financial reporting.
• A rich supply of worked numerical examples and extracts from real-life company annual reports enhances understanding and brings financial reporting to life.
• Technical material and complex concepts become easily understandable through the use of clear, concise explanations, presented at an appropriate pace and level.
• Graded end-of-chapter questions with online fully worked solutions are available, in addition to visual walk-through solutions to key questions, to build confidence and reinforce understanding.

Are you looking for a fresh, engaging, decision-usefulness approach to financial reporting that encourages students to develop their interpretative skills? 

In this brand new intermediate level financial accounting and reporting textbook, a 'how, why, what' approach is interwoven in each chapter. From chapter one, students understand how financial information is prepared and presented, why it is prepared and presented in this way, and what the resulting financial information means for users. Designed for students going to the next stage beyond their introductory financial accounting training, the textbook equips students with all the key tools they will require when they enter professional practice. 

Reflective of current International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS), this textbook delivers concise, clear explanations of all the key issues in accounting standards that students need to know. Content maps to professional accounting body syllabi, making this the perfect choice for accounting courses which offer exemptions.

Chapters are jam-packed with 3 types of examples to enhance understanding: 
- Illustrative examples of how to account for particular transactions and items and example statements; 
- Worked examples walk you through the calculation and presentation of figures required for financial statements; 
- Extracts from real-world annual reports demonstrate how the theory relates to financial reporting in practice 
More engaging, more balanced, and more affordable than other offerings, this is exactly the textbook your financial reporting students need! 

Readership: This textbook is for accounting students taking a financial reporting or financial accounting II module on accounting and finance degrees.