Financial Accounting for Decision Makers, 10th edition

Published by Pearson (March 2, 2022) © 2022
  • Peter Atrill
  • Eddie McLaney

Title overview

Introduce your students to the financial accounting principles and techniques that will help them develop the skills to make informed business decisions.

Financial Accounting for Decision Makers, 10th edition is an accessible introduction to the subject, focusing on the ways in which financial statements and information improve the quality of decision-making.

This latest edition includes updated real-world examples, showing the pressure on industries resulting from the Covid-19 pandemic.

With its step-by-step approach, activities, and commentary from real company reports, this textbook will equip your students with the tools necessary to make successful financial decisions in their career.

Hallmark features of this title

Clear introduction to the key principles of financial accounting

  • Using a step-by-step approach, the text equips students with the principles and techniques they will need in their future work.
  • Regular illustrations, including a wide range of real-world example boxes, help students understand the relevance of the theory and bring essential principles to life.

Support your students' learning and revision with helpful pedagogical features

  • Regular Activity boxes and Examples enable your students to assess their progress and reinforce learning from theory to practice.
  • End-of-chapter exercises test your students’ knowledge of core ideas and develop their critical thinking.
  • The key terms, glossary, and bulleted summaries provide excellent revision aids.

"My many students and I have used this book for years now and would highly recommend it to anyone looking for a very accessible introduction to financial reporting." – Dr. Andrew McFaull, Deputy Programme Director of BSc Accounting and Finance, King's College London

"When used in conjunction with the MyLabs Accounting package this is an excellent resource to build a non-technical understanding of financial accounting" – Graham McDonald CA CFA, Senior Lecturer

New and updated features of this title

Help students make sense of real accounting issues with new real-life examples

  • Updated examples show the application of contemporary theory to practice focusing on real-life issues businesses face.
  • New articles and accounts information demonstrate the various impacts of the Covid-19 pandemic on prominent businesses, explaining how they have responded to pressure on their industries. Examples include BP, EasyJet, Ryanair, J.P. Morgan, and Airbus. These real examples help students understand the theory as it is actually applied in the business environment and explore how financial issues impact real businesses.

Updated content to teach your students about the role of auditing and its relevance for businesses

  • Revised and rewritten sections on auditing in Chapter 12 reflect the latest thinking about good auditing and its purpose in light of recent inquiries. Chapter 12 has also been updated with the 2020 UK Stewardship Code.

Key features

Features of MyLab® Accounting for the 10th Edition

A series of interactive material help students master key concepts and connect theory with practice.

  • Teach your course your way: Create a course to fit your needs by building your own assignments or creating your own questions.
  • Deliver trusted content: We partner with highly respected authors to develop interactive content and course-specific resources that you can trust and will keep your students engaged.
  • Empower each learner: See the progress of your students' assignments – current, past, and future – via the dashboard on the student Home page, focusing on the areas they may need to improve.
  • Make links with applications in the workplace: Help students apply accounting principles they have learned and experience real decision-making processes with Accounting in Action.

Enhancements to MyLab Accounting allow a broader range of exercises for students to work through.

  • MyLab Accounting has 100 additional algorithmic questions, allowing each student to work on an individual numerical problem and prevent cheating.
  • There are now over 1200 exercises in MyLab available for formative or summative work, including new questions on analysing and interpreting financial statements (chapter 9). You can track student performance in the sophisticated Gradebook.

Table of contents

  1. Introduction to accounting
  2. Measuring and reporting financial position
  3. Measuring and reporting financial performance
  4. Accounting for limited companies (1)
  5. Accounting for limited companies (2)
  6. Measuring and reporting cash flows
  7. Recognising and reporting assets and liabilities
  8. Analysing and interpreting financial statements (1)
  9. Analysing and interpreting financial statements (2)
  10. Reporting the financial results of groups of companies
  11. Increasing the scope of financial reporting
  12. Governing a company

Author bios

Peter Atrill is a freelance academic and author who has worked with leading institutions in the UK, Europe, and South-East Asia. As well as working as a business consultant, he was previously Head of Business and Management and Head of Accounting and Law at Plymouth Business School, University of Plymouth.

Eddie McLaney is an academic author with many years of experience teaching Accounting and Finance. He was formerly the Accounting Subject Group Leader and Principal Lecturer in Accounting and Finance at Plymouth Business School, University of Plymouth.

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