Accounting and Finance: Understanding and Practice
5th Edition
Published on 3. February 2025
Book
Paperback/Softback
978-1-5268-5016-4 (ISBN)
Description
Now in its fifth edition, Accounting and Finance: Understanding and Practice has been fully updated to align with the latest International Financial Reporting Standards. It offers expanded coverage on core areas of teaching relevant to students studying introductory courses in Accounting and Finance.
Ample practical examples, updated case studies and end-of-chapter questions help students easily relate accounting and finance to the business world.
Key Features
The text is organized in three parts: financial accounting, financial management and management accounting.
New chapter on Sustainability outlining the growing importance of sustainable practices shaping the future of business and the impact of IFRS Sustainability Disclosure Standards.
Enhanced discussion on corporate governance and fair value accounting.
Numerous up-to-date references to businesses and well-known companies throughout.
Running case study on Marks & Spencer across every chapter to highlight the relevance of each topic to a real-world example.
Updated Accounting in Context case studies exemplify issues discussed in each chapter featuring real companies such as Watches of Switzerland, Benevolent AI and Shein.
This title is intended to be used alongside a wide bank of additional interactive digital resources for practice and assessment in Connect, including assignable adaptive learning assignments, test bank questions and maths prep.? To learn more, visit?https://www.mheducation.co.uk/higher-education/discipline/accounting
Ample practical examples, updated case studies and end-of-chapter questions help students easily relate accounting and finance to the business world.
Key Features
The text is organized in three parts: financial accounting, financial management and management accounting.
New chapter on Sustainability outlining the growing importance of sustainable practices shaping the future of business and the impact of IFRS Sustainability Disclosure Standards.
Enhanced discussion on corporate governance and fair value accounting.
Numerous up-to-date references to businesses and well-known companies throughout.
Running case study on Marks & Spencer across every chapter to highlight the relevance of each topic to a real-world example.
Updated Accounting in Context case studies exemplify issues discussed in each chapter featuring real companies such as Watches of Switzerland, Benevolent AI and Shein.
This title is intended to be used alongside a wide bank of additional interactive digital resources for practice and assessment in Connect, including assignable adaptive learning assignments, test bank questions and maths prep.? To learn more, visit?https://www.mheducation.co.uk/higher-education/discipline/accounting
More details
Edition
5th edition
Language
English
Place of publication
United Kingdom
Publishing group
McGraw-Hill
Dimensions
Height: 190 mm
Width: 247 mm
Thickness: 26 mm
Weight
988 gr
ISBN-13
978-1-5268-5016-4 (9781526850164)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Content
Part 1 Introduction to Financial Accounting
Introduction
1 The Statement of Financial Position (Balance Sheet) and What it Tells Us
2 The Income Statement (Profit and Loss Account)
3 The Development of Financial Reporting
4 Ratios and Interpretation: A Straightforward Introduction
5 How the Stock Market Assesses Company Performance
6 Cash Flow Statements: Understanding and Preparation
7 Advanced Interpretation of Company and Group Accounts
8 Current Issues in Financial Reporting
9 Bookkeeping to Trial Balance
10 Trial Balance to Final Accounts
Part 2 Financial Management
11 Financing a Business
12 Management of Working Capital
Part 3 Introduction to Management Accounting
13 Introduction to Management Accounting
14 Investment Appraisal
15 Budgetary Planning and Control
16 Absorption Costing
17 Marginal Costing and Decision-Making
18 Standard Costing and Variance Analysis
19 Sustainability
Answers to Self-testing Questions
Answers to Chapter 4 Activities
Glossary
Index
Introduction
1 The Statement of Financial Position (Balance Sheet) and What it Tells Us
2 The Income Statement (Profit and Loss Account)
3 The Development of Financial Reporting
4 Ratios and Interpretation: A Straightforward Introduction
5 How the Stock Market Assesses Company Performance
6 Cash Flow Statements: Understanding and Preparation
7 Advanced Interpretation of Company and Group Accounts
8 Current Issues in Financial Reporting
9 Bookkeeping to Trial Balance
10 Trial Balance to Final Accounts
Part 2 Financial Management
11 Financing a Business
12 Management of Working Capital
Part 3 Introduction to Management Accounting
13 Introduction to Management Accounting
14 Investment Appraisal
15 Budgetary Planning and Control
16 Absorption Costing
17 Marginal Costing and Decision-Making
18 Standard Costing and Variance Analysis
19 Sustainability
Answers to Self-testing Questions
Answers to Chapter 4 Activities
Glossary
Index