Financial Accounting, 9th edition

Published by Pearson (May 21, 2024) © 2024

  • Pauline Weetman University of Edinburgh
  • Darren Jubb University of Dundee
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Title overview

Gain a deeper understanding of the main Financial Accounting principles with a core textbook on the subject.

Financial Accounting: An Introduction, 9th edition by Pauline Weetman and Darren Jubb will offer you the resources you need to explore and acquire a deeper understanding of a wide range of concepts around the discipline.

Written by expert teachers in the field, this text is ideal for undergraduates in Business Studies degrees, Undergraduates in Accounting courses, students studying Accounting for MBA and Postgraduate courses, and Professional courses introducing Accounting for the first time.

This edition focuses on retaining all the features that have contributed to its popularity, including its focus on the accounting equations, a clear and accessible writing style, a frequent short activities throughout the book, and the extensive use of real-world case studies, offering you a deeper understanding of the topics.

Key features:

  • Definitions and terminology aligned with the 2018 IASB Conceptual Framework.
  • Fully up-to-date with the International Financial Reporting Standards (IFRS).
  • New case studies provide examples from real-world companies.
  • Activities aligned to each chapter section, encouraging students to explore and consider issues from different angles.
  • Experience-driven conversations throughout the book between two managers expanded for this edition and updated with an even greater practical emphasis.
  • Extensive coverage of fair value is provided throughout the text.
  • Exploration of the Strategic Report and Directors' Report.
  • Focus on specific knowledge outcomes with end-of-chapter self-evaluations.
  • Questions testing your understanding are graded according to difficulty.

With a strong emphasis on the 2018 Conceptual Framework of the International Accounting Standards Board, this text is an essential resource that will guide you through the 'whys' and not just the 'whats' of Financial Accounting.

Table of contents

Preface

Part 1 Corporate Reporting: Annual Report and Accounts

  1. Users’ needs for information
  2. What influences the annual report?
  3. The accounting equation: a systematic approach to financial reporting
  4. Financial statements from the accounting equation
  5. Ensuring the quality of financial statements

Part 2 Reading and interpreting company reports

  1. Published financial statements
  2. Ratio analysis
  3. Ratios – worked example

Part 3 Reporting the transactions of a business

  1. Accounting information for service businesses
  2. Accounting information for trading businesses

Part 4 Recognition in financial statements

  1. Non-current (fixed) assets 
  2. Current assets 
  3. Current liabilities 
  4. Provisions and non-current (long-term) liabilities 
  5. Ownership interest

Index

Acknowledgements

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