Book description
We asked over 5000 accounting lecturers what would help them teach and students learn?
The results were:
Help with student engagement and varying levels of ability;
Real world examples to be used in class;
Content to break up lectures and engage students.
Accounting 3e has been developed to incorporate these elements and much more!
Accounting 3e provides a very accessible and easy-to-follow introduction and is aimed at students studying accounting for the first time. The book introduces concepts in an engaging and easy-to-follow manner, and examples are tried and tested with many graded questions and answers.
The third edition is updated to reflect IFRS terminologies and format including the reorganisation of the UK standards committee in July 2012. Double entry bookkeeping is included, however, this can be bypassed for students not requiring this.
Table of contents
- Cover Page
- Title Page
- Copyright
- Dedication
- Contents
- About the Author
- About the Book
- Acknowledgements
- Chapter 1: Introduction to accounting
-
SECTION A: Financial Accounting: The Techniques
-
Chapter 2: The accounting background
- Introduction
- Financial Accounting
- Language of Accounting
- Student Example
- Why Is Financial Accounting Important?
- Accounting Principles
- Accounting Conventions
- Conclusion
- Discussion Questions
- Numerical Questions
- Appendix 2.1: Illustration of a Consolidated Income Statement for Marks & Spencer plc 2010
- Appendix 2.2: Illustration of a Consolidated Statement of Financial Position for Marks and Spencer plc 2010
- Appendix 2.3: Illustration of a Consolidated Statement of Cash Flows for Marks and Spencer 2010
- Appendix 2.4: Illustration of a Consolidated Income Statement for Volkswagen 2009
- Appendix 2.5: Illustration of a Consolidated Balance Sheet (Statement of Financial Position) for Volkswagen 2009
- Appendix 2.6: Illustration of a Consolidated Cash Flow Statement (Statement of Cash Flows) for Volkswagen 2009
- Chapter 3: Recording: Double-entry book keeping
- Chapter 4: Main financial statements: The Income Statement (Profit and Loss Account)
- Chapter 5: Main financial statements: The statement of financial position (balance sheet)
- Chapter 6: Preparing the financial statements
-
Chapter 7: Partnerships and limited companies
- Introduction
- Context
- Partnerships
- Limited Companies
- Distinctive Accounting Features of Limited Companies
- Accounting Treatment For Limited Companies
- Limited Company Example: Stevens, Turner Ltd
- Limited Companies: Published Accounts
- Conclusion
- Discussion Questions
- Numerical Questions
- Appendix 7.1: Example of an Income Statement (Profit and Loss Account) using UK GAAP (Manchester United Ltd)
- Manchester United Limited
- Appendix 7.2: Example of a Statement of Financial Position (Balance Sheet) using UK GAAP (Manchester United Ltd)
- Manchester United Limited
-
Chapter 8: Main financial statement: The statement of cash flows
- Introduction
- Importance of Cash
- Context
- Cash and the Bank Account
- Relationship between Cash and Profit
- Preparation of Statement of Cash Flows
- Conclusion
- Discussion Questions
- Numerical Questions
- Appendix 8.1: Main Headings for the Cash Flow Statement (Statement of Cash Flows) for Sole Traders, Partnerships and some Non-Listed Companies under UK GAAP
- Appendix 8.2: Preparation of a Sole Trader's Cash Flow Statement Using the Direct Method Using UK Format
- Appendix 8.3: Preparation of the Cash Flow Statement of Any Company Ltd using the Indirect Method Using UK GAAP
- Appendix 8.4: Example of Statement of Cash Flow (Cash Flow Statement) Using UK GAAP (Manchester United Ltd)
- Chapter 9: Interpretation of accounts
-
Chapter 2: The accounting background
- SECTION B: Financial Accounting: The Context
-
SECTION C: Management Accounting
- Chapter 15: Introduction to management accounting
- Chapter 16: Costing
- Chapter 17: Planning, control and performance: Budgeting
- Chapter 18: Planning, control and performance: Standard costing
- Chapter 19: Short-term decision making
- Chapter 20: Strategic management accounting
-
Chapter 21: Long-term decision making: Capital investment appraisal
- Introduction
- Nature of Capital Investment
- Capital Investment Appraisal Techniques
- Payback Period
- Accounting Rate of Return
- Net Present Value
- Profitability Index
- Internal Rate of Return (IRR)
- Other Factors
- Conclusion
- Discussion Questions
- Numerical Questions
- Appendix 21.1: Present Value of £1 at Compound Interest Rate (1 + r)
- Chapter 22: The management of working capital and sources of finance
- Glossary of Key Accounting Terms
- Appendix: Answers
- Index
- Answers to End of Chapter Questions for Lecturers
Product information
- Title: Accounting, 3rd Edition
- Author(s):
- Release date: April 2013
- Publisher(s): Wiley
- ISBN: 9781119977186
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