Financial Accounting, 9th edition

Published by Pearson (21 May 2024) © 2024

  • Pauline Weetman University of Edinburgh
  • Darren Jubb Institute of Chartered Accountants of Scotland (ICAS)
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Products list

Access details

  • Instant access once purchased
  • Fulfilled by VitalSource

Features

  • Add notes and highlights
  • Search by keyword or page

Title overview

Financial Accounting: An Introduction provides a clear and practical foundation in the principles of financial accounting. Designed to support learners as they build confidence with core concepts, it explains how financial information is prepared, presented and used to support decision-making. Starting with the accounting equation and progressing through financial statements, reporting requirements and performance analysis, the content connects theory with real-world business practice. Clear explanations, contemporary examples and practical applications help learners understand not only how financial accounting works, but why it matters in today’s business environment.

Through studying Financial Accounting: An Introduction, learners will develop the skills needed to interpret financial information, understand reporting requirements and evaluate organisational performance. Real-world cases, activities and applied exercises encourage active learning and help reinforce key concepts in realistic contexts. Coverage aligned with current International Financial Reporting Standards (IFRS) and the IASB Conceptual Framework ensures learners build knowledge that reflects contemporary accounting practice. By connecting accounting principles to real organisations and business challenges, the content helps learners develop both technical understanding and practical confidence.

Who It's For

Designed for learners studying introductory financial accounting who need a clear, accessible and practical understanding of core financial reporting principles.

 

Table of contents

  • Part 1 Corporate Reporting: Annual Report and Accounts
  • Users' needs for information
  • What influences the annual report?
  • The accounting equation: a systematic approach to financial reporting
  • Financial statements from the accounting equation
  • Ensuring the quality of financial statements
  • Part 2 Reading and interpreting company reports
  • Published financial statements
  • Ratio analysis
  • Ratios - worked example
  • Part 3 Reporting the transactions of a business
  • Accounting information for service businesses
  • Accounting information for trading businesses
  • Part 4 Recognition in financial statements
  • Non-current (fixed) assets
  • Current assets
  • Current liabilities
  • Provisions and non-current (long-term) liabilities
  • Ownership interest
  • Index
  • Acknowledgements

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