Financial Accounting and Reporting 12th Edition by Barry Elliott, Jamie Elliott – Ebook PDF Instant Download/Delivery: 0273712314, 978-0273712312
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Product details:
ISBN 10: 0273712314
ISBN 13: 978-0273712312
Author: Barry Elliott, Jamie Elliott
Financial Accounting and Reporting 12th Table of contents:
-
Introduction to Financial Accounting
- The role of accounting in business
- The accounting equation
- The basic concepts of accounting
-
The Regulatory Framework
- The role of the International Accounting Standards Board (IASB)
- The role of the Financial Accounting Standards Board (FASB)
- The International Financial Reporting Standards (IFRS)
-
The Conceptual Framework
- The objectives of financial statements
- The qualitative characteristics of financial information
- The elements of financial statements
-
The Income Statement
- Understanding the income statement
- Revenue recognition
- Expenses and income measurement
-
The Balance Sheet
- Assets, liabilities, and equity
- The structure of the balance sheet
- Current vs non-current assets and liabilities
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The Cash Flow Statement
- Cash flows from operating activities
- Cash flows from investing and financing activities
- The direct vs indirect method
-
Revenue and Expenditure Recognition
- Revenue recognition principles
- Specific rules for different types of revenue
- The matching principle in revenue and expenses
-
Accounting for Leases
- Operating leases vs finance leases
- Lessee and lessor accounting treatment
- The impact of new IFRS lease standards
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Accounting for Financial Instruments
- The classification of financial instruments
- Measurement of financial instruments
- Derivatives and hedging
-
Accounting for Shareholders’ Equity
- Types of equity
- Accounting for share capital, dividends, and share-based payments
-
Accounting for Income Taxes
- Current vs deferred tax
- Temporary differences and tax base
- The impact of tax rates and tax planning
-
Accounting for Pensions and Employee Benefits
- Defined contribution vs defined benefit plans
- Recognition and measurement of pension costs
- Post-employment benefits
-
The Statement of Changes in Equity
- Purpose and components of the statement
- The effects of transactions on equity
-
Consolidated Financial Statements
- The concept of control and group accounting
- The preparation of consolidated income statement
- The preparation of consolidated balance sheet
-
Accounting for Business Combinations
- Mergers and acquisitions
- The acquisition method of accounting
- Goodwill and non-controlling interests
-
The Accounting for Foreign Currency Transactions
- Foreign currency translation
- Accounting for foreign exchange differences
- Currency hedging
-
Accounting for Segment Reporting
- Determining reportable segments
- Measuring segment performance
- Segment disclosure requirements
-
Financial Statement Analysis
- Ratio analysis
- Profitability, liquidity, and solvency ratios
- Trend analysis and benchmarking
-
Ethics in Financial Accounting
- Ethical standards for accountants
- Regulatory and ethical issues in financial reporting
-
The Future of Financial Reporting
- Emerging trends in accounting
- Technological impacts on financial reporting
- The evolution of financial reporting standards
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