Financial Reporting
The Theoretical and Regulatory Framework
3rd Edition
Published on 3. June 1993
Book
Paperback/Softback
648 pages
978-0-412-54550-4 (ISBN)
Description
The third edition of this text advises the accountant on the correct procedure for reporting to people outside a business about the financial events of that business. New features include a section on income theory, a new chapter on international themes, a greater emphasis on interpretation, and a significant increase in number and variety of end-of-chapter questions. The text is written with an activity-based style and the answers to half the end-of-chapter questions ae included at the back of the book. The rest of the answers are included in the new teacher's manual.
More details
Edition
3rd Revised edition
Language
English
Place of publication
London
United Kingdom
Target group
College/higher education
Professional and scholarly
Edition type
Revised edition
Illustrations
10 line illustrations, bibliography, index
Dimensions
Height: 246 mm
Width: 189 mm
Weight
1100 gr
ISBN-13
978-0-412-54550-4 (9780412545504)
Copyright in bibliographic data is held by Nielsen Book Services Limited or its licensors: all rights reserved.
Schweitzer Classification
Other editions
New editions
Book
04/1996
4th Edition
Cengage Learning EMEA
€58.37
Article is exhausted; no reprint
Persons
Content
Part I The conceptual framework: acccounting theory - or accounting can be interesting; the objectives of financial statements and their usefulness to the general user groups; traditional accounting conventions; economic valuation concepts; current entry values; current exit values and unused values; current processing power accounting; the UK position, past, present - and future?; some possible extensions to the accounting framework; towards a general framework; the international dimension. Part II The legal framework: limited liability companies; the Companies Acts and published accounts; accounts of public sector organizations. Part III The regulatory framework: the accounting standard setting process; accounting principles; fixed assets; research and development; goodwill (SSAP 22); substance over form; leases and hire purchase contract (SSAP 21); stocks and long term contract (SSAP 9); taxation (SSAP 5, 8, 15); pension costs (SSAP 24); post balance sheet events and contingencies (SSAP 17, 18); earning per share (SSAP 3, 6, 25); group accounts and associated undertakings (SSAP 1, 14, 23 and FRS 2); foreign currency transactions (SSAP 20); earnings per share (SSAP 3, 6, 25); cash flow statements (FRS 1); financial reporting - where next?