<p><i>Financial Accounting &amp; Reporting</i> is the book that helps students and professionals succeed in their studies and the workplace by providing practical support and clear principles for applying international standards and preparing financial statements. </p><p>&nbsp;</p><p>MyLab Accounting is not included. Students, if MyLab Accounting is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN and course ID. MyLab Accounting should only be purchased when required by an instructor. Instructors, contact your Pearson representative for more information. </p>  <p><strong>This edition includes a <a href="https://media.pearsoncmg.com/intl/wps-wraps/ema_uk_he_elliott_far_19/cw/" target="_blank">Companion Website</a>.</strong></p>

<ul>
    <li>Part 1 INTRODUCTION TO ACCOUNTING ON A CASH FLOW AND ACCRUAL ACCOUNTING BASIS </li>
    <li>1 Accounting and reporting on a cash flow basis </li>
    <li>2 Accounting and reporting on an accrual accounting basis </li>
    <li>Part 2 PREPARATION OF INTERNAL AND PUBLISHED FINANCIAL STATEMENTS </li>
    <li>3 Preparation of financial statements of comprehensive income, changes in equity and financial position </li>
    <li>4 Annual Report: additional financial disclosures </li>
    <li>5 Statements of cash flows </li>
    <li>Part 3 REGULATORY FRAMEWORK &ndash; AN ATTEMPT TO ACHIEVE UNIFORMITY </li>
    <li>6 Financial reporting &ndash; evolution of global standards </li>
    <li>7 Concepts &ndash; evolution of an international conceptual framework </li>
    <li>8 Ethical behaviour and implications for accountants </li>
    <li>Part 4 INCOME AND ASSET VALUE MEASUREMENT SYSTEMS </li>
    <li>9 Income and asset value measurement: an economist&rsquo;s approach </li>
    <li>10 Accounting for price-level changes </li>
    <li>11 Revenue recognition </li>
    <li>Part 5 STATEMENT OF FINANCIAL POSITION &ndash; EQUITY, LIABILITY AND ASSET MEASUREMENT AND DISCLOSURE </li>
    <li>12 Share capital, distributable profits and reduction of capital </li>
    <li>13 Liabilities </li>
    <li>14 Financial instruments </li>
    <li>15 Employee benefits </li>
    <li>16 Taxation in company accounts </li>
    <li>17 Property, plant and equipment (PPE) </li>
    <li>18 Leasing </li>
    <li>19 Intangible assets </li>
    <li>20 Inventories </li>
    <li>21 Construction contracts </li>
    <li>Part 6 CONSOLIDATED ACCOUNTS </li>
    <li>22 Accounting for groups at the date of acquisition </li>
    <li>23 Preparation of consolidated statements of financial position after the date of acquisition </li>
    <li>24 Preparation of consolidated statements of income, changes in equity and cash flows </li>
    <li>25 Accounting for associates and joint arrangements </li>
    <li>26 Introduction to accounting for exchange differences </li>
    <li>Part 7 INTERPRETATION </li>
    <li>27 Earnings per share </li>
    <li>28 Review of financial ratio analysis </li>
    <li>29 Analysis of published financial statements </li>
    <li>30 An introduction to digital financial reporting </li>
    <li>Part 8 ACCOUNTABILITY </li>
    <li>31 Corporate governance </li>
    <li>32 Integrated reporting: sustainability, environmental and social </li>
</ul>

<p>The 19th edition of this market-leading text provides a comprehensive overview of financial accounting and reporting, with the aim of ensuring you are able to prepare and also critically discuss IFRS compliant financial statements. With balanced coverage of theoretical principles and up-to-date practical application of current international standards, the authors provide essential knowledge for advancing your studies and career.</p><p><b>&nbsp;</b>&nbsp;</p><p><b>New to this edition:</b></p><ul> <li> <p>Chapter 7 ‘Concepts – evolution of an international conceptual framework' has been re-written following completion of the Conceptual Framework</p>   </li><li> <p>Chapter 18 ‘Leasing' has been revised in response to IAS 17 being superseded</p>   </li><li> <p>Chapter 30 ‘An introduction to digital financial reporting' has been revised to discuss further developments in financial reporting on the internet</p>   </li><li> <p>Chapter 31 ‘Corporate finance' and Chapter 32 ‘Integrated reporting: sustainability, environmental and social' have been updated to reflect the growing interest in and importance of integrated reporting</p>   </li><li> <p>Updated and refreshed exercises</p>   </li><li> <p>Fully updated coverage of IFRS and IAS including latest IFRS 9, 15 and 16</p> </li></ul><p><b>Key features:</b></p><ul> <li> <p>Exercises of varying difficulty including questions from past examination papers of professional accounting bodies</p>   </li><li> <p>Illustrations taken from real-world international company reports and accounts</p>   </li><li> <p>Extensive references included at the end of chapters</p>   </li><li> <p>For lecturers, complete solutions to all exercises in the book available on catalogue website</p>   </li><li> <p>For students, complete solutions for selected exercises in the text are available on a <a href="https://media.pearsoncmg.com/intl/wps-wraps/ema_uk_he_elliott_far_19/cw/" target="_blank">Companion Website</a></p></li></ul><p>&nbsp;</p><p>MyLab Accounting is not included. Students, if MyLab Accounting is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN and course ID. MyLab Accounting should only be purchased when required by an instructor. Instructors, contact your Pearson representative for more information. </p><p>&nbsp;</p><br><p><b>Barry Elliott </b>has extensive teaching experience at undergraduate, postgraduate and professional levels. He has wide experience as an external examiner in higher education at all levels of professional education.&nbsp;</p><p>&nbsp;</p><b>Jamie Elliott</b> is a&nbsp;director who has worked for Deloitte, Huawei and Panasonic. Prior to that, he lectured on undergraduate degree programmes and as Assistant Professor on MBA and Executive Education programmes at the London Business School.

<p><i>Financial Accounting &amp; Reporting</i> is the book that helps students and professionals succeed in their studies and the workplace by providing practical support and clear principles for applying international standards and preparing financial statements. </p><p>&nbsp;</p><p>MyLab Accounting is not included. Students, if MyLab Accounting is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN and course ID. MyLab Accounting should only be purchased when required by an instructor. Instructors, contact your Pearson representative for more information. </p>

<p style="box-sizing: border-box; margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px;"><em style="box-sizing: border-box;">For&nbsp;second year Financial Accounting modules or modules on Financial Reporting on undergraduate and MBA courses. Available with&nbsp;MyLab&nbsp;Accounting&nbsp;</em><span data-contrast="auto" style="box-sizing: border-box;">&nbsp;</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559740&quot;:240}" style="box-sizing: border-box;">&nbsp;</span></p><p style="box-sizing: border-box; margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px;"><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559740&quot;:240}" style="box-sizing: border-box;">&nbsp;</span></p><p style="box-sizing: border-box; margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px;"><span style="box-sizing: border-box; font-weight: 700;"><em style="box-sizing: border-box;">‘Well-structured, informative, and enriched with relevant examples. The coverage of established and contemporary issues within financial accounting and reporting is comprehensive.'</em></span><span data-ccp-props="{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;201341983&quot;:0,&quot;335559685&quot;:720,&quot;335559740&quot;:240}" style="box-sizing: border-box;">&nbsp;</span></p><p style="box-sizing: border-box; margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px;"><em style="box-sizing: border-box;">Dr Chloe Wu, Lecturer and Assistant Professor in Accounting and Finance, University of Leeds</em><span data-ccp-props="{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;201341983&quot;:0,&quot;335559685&quot;:720,&quot;335559740&quot;:240}" style="box-sizing: border-box;">&nbsp;</span></p><p style="box-sizing: border-box; margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px;"><span data-contrast="auto" style="box-sizing: border-box;">&nbsp;</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559740&quot;:240}" style="box-sizing: border-box;">&nbsp;</span></p><p style="box-sizing: border-box; margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px;"><span style="box-sizing: border-box; font-weight: 700;"><span data-contrast="auto" style="box-sizing: border-box;">Gain<span data-ccp-charstyle="normaltextrun" style="box-sizing: border-box;">&nbsp;a comprehensive understanding of financial accounting and reporting, and learn to prepare and discuss financial statements</span></span></span><span data-contrast="auto" style="box-sizing: border-box;">&nbsp;</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559740&quot;:240}" style="box-sizing: border-box;">&nbsp;</span></p><p style="box-sizing: border-box; margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px;"><span data-contrast="auto" style="box-sizing: border-box;">The 20th edition of&nbsp;</span><em style="box-sizing: border-box;">Financial Accounting and Reporting&nbsp;</em><span data-contrast="auto" style="box-sizing: border-box;"><span data-ccp-charstyle="normaltextrun" style="box-sizing: border-box;">by Jamie Elliott and Barry Elliott provides a comprehensive overview of financial accounting and reporting,</span> equipping you with the knowledge to prepare and critically discuss IFRS compliant financial statements, and introducing you to the commercial issues surrounding these. Now with enhanced coverage of interpretation of financial statements, ethical issues and accountability, the authors provide essential knowledge for advancing your studies and career.&nbsp;</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559740&quot;:240}" style="box-sizing: border-box;">&nbsp;</span></p><p style="box-sizing: border-box; margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px;"><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559740&quot;:240}" style="box-sizing: border-box;">&nbsp;</span></p><p style="box-sizing: border-box; margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px;"><span style="box-sizing: border-box; font-weight: 700;">Key features</span><span data-contrast="none" style="box-sizing: border-box;"> </span><span data-ccp-props="{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;201341983&quot;:0,&quot;335559685&quot;:720,&quot;335559740&quot;:240}" style="box-sizing: border-box;">&nbsp;</span></p><ul style="box-sizing: border-box; margin-top: 0px; margin-bottom: 10px; color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px;"><li data-leveltext="" data-font="Symbol" data-listid="17" data-aria-posinset="1" data-aria-level="1" style="box-sizing: border-box;"><span data-contrast="none" style="box-sizing: border-box;">Exercises of varying difficulty including questions from past exam papers of professional accounting bodies </span><span data-ccp-props="{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559740&quot;:240}" style="box-sizing: border-box;">&nbsp;</span></li><li data-leveltext="" data-font="Symbol" data-listid="17" data-aria-posinset="2" data-aria-level="1" style="box-sizing: border-box;"><span data-contrast="none" style="box-sizing: border-box;">Illustrations taken from real-world international company reports and accounts, which have been updated for this edition and help to demonstrate the applications of key principles in the life of real companies </span><span data-ccp-props="{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559740&quot;:240}" style="box-sizing: border-box;">&nbsp;</span></li><li data-leveltext="" data-font="Symbol" data-listid="17" data-aria-posinset="3" data-aria-level="1" style="box-sizing: border-box;"><span data-contrast="none" style="box-sizing: border-box;">Up-to-date content including new material on accountability, sustainability, ethical problems and the future of audit services  </span><span data-ccp-props="{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559740&quot;:240}" style="box-sizing: border-box;">&nbsp;</span></li><li data-leveltext="" data-font="Symbol" data-listid="17" data-aria-posinset="4" data-aria-level="1" style="box-sizing: border-box;"><span data-contrast="none" style="box-sizing: border-box;">Includes the latest accounting standards set out in the IFRS, IAS and the Conceptual Framework for Financial Reporting, plus a discussion of the proposed IFRS on General Presentation and Disclosure </span><span data-ccp-props="{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559740&quot;:240}" style="box-sizing: border-box;">&nbsp;</span></li><li data-leveltext="" data-font="Symbol" data-listid="17" data-aria-posinset="5" data-aria-level="1" style="box-sizing: border-box;"><span data-contrast="none" style="box-sizing: border-box;">Improved flow of topics and revised explanations makes the text even easier to follow and use </span><span data-ccp-props="{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559740&quot;:240}" style="box-sizing: border-box;">&nbsp;</span></li></ul><p style="box-sizing: border-box; margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px;"><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559740&quot;:240}" style="box-sizing: border-box;">&nbsp;</span></p><p style="box-sizing: border-box; margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px;"><span style="box-sizing: border-box; font-weight: 700;">Instructors, pair this text with MyLab Accounting</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559740&quot;:240}" style="box-sizing: border-box;">&nbsp;</span></p><p style="box-sizing: border-box; margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px;"><span data-contrast="auto" style="box-sizing: border-box;">By combining trusted author content with digital tools and a flexible platform,&nbsp;MyLab™&nbsp;personalises&nbsp;the learning experience and improves results for each student.&nbsp;MyLab Accounting has been expanded for this edition to better align with feedback received from accounting course leaders and now includes&nbsp;over </span><span data-contrast="auto" style="box-sizing: border-box;">16</span><span data-contrast="auto" style="box-sizing: border-box;"><span data-ccp-charstyle="normaltextrun" style="box-sizing: border-box;">00</span><span data-ccp-charstyle="normaltextrun" style="box-sizing: border-box;"> questions that can be assigned to students</span><span data-ccp-charstyle="normaltextrun" style="box-sizing: border-box;">, including more exercises on accounts preparation for group accounts</span><span data-ccp-charstyle="normaltextrun" style="box-sizing: border-box;">.</span></span><span data-contrast="auto" style="box-sizing: border-box;"> &nbsp;</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559740&quot;:240}" style="box-sizing: border-box;">&nbsp;</span></p><p style="box-sizing: border-box; margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px;"><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559740&quot;:240}" style="box-sizing: border-box;"><br></span></p><p style="box-sizing: border-box; margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px;"><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559740&quot;:240}" style="box-sizing: border-box;"><span style="background-color: rgb(255, 255, 255);">Pearson, the world's&nbsp;</span><em style="box-sizing: border-box; background-color: rgb(255, 255, 255);">learning</em><span style="background-color: rgb(255, 255, 255);">&nbsp;company.&nbsp;</span></span></p>

<p>The 19th edition of this market-leading text provides a comprehensive overview of financial accounting and reporting, with the aim of ensuring you are able to prepare and also critically discuss IFRS compliant financial statements. With balanced coverage of theoretical principles and up-to-date practical application of current international standards, the authors provide essential knowledge for advancing your studies and career.</p><p><b>&nbsp;</b>&nbsp;</p><p><b>New to this edition:</b></p><ul> <li> <p>Chapter 7 &#8216;Concepts &#8211; evolution of an international conceptual framework&#8217; has been re-written following completion of the Conceptual Framework</p>   </li><li> <p>Chapter 18 &#8216;Leasing&#8217; has been revised in response to IAS 17 being superseded</p>   </li><li> <p>Chapter 30 &#8216;An introduction to digital financial reporting&#8217; has been revised to discuss further developments in financial reporting on the internet</p>   </li><li> <p>Chapter 31 &#8216;Corporate finance&#8217; and Chapter 32 &#8216;Integrated reporting: sustainability, environmental and social&#8217; have been updated to reflect the growing interest in and importance of integrated reporting</p>   </li><li> <p>Updated and refreshed exercises</p>   </li><li> <p>Fully updated coverage of IFRS and IAS including latest IFRS 9, 15 and 16</p> </li></ul><p><b>Key features:</b></p><ul> <li> <p>Exercises of varying difficulty including questions from past examination papers of professional accounting bodies</p>   </li><li> <p>Illustrations taken from real-world international company reports and accounts</p>   </li><li> <p>Extensive references included at the end of chapters</p>   </li><li> <p>For lecturers, complete solutions to all exercises in book available on catalogue website</p> </li></ul><p>&nbsp;</p><p>This package includes MyLab Accounting. Students, if MyLab Accounting is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN and course ID. MyLab Accounting should only be purchased when required by an instructor. Instructors, contact your Pearson representative for more information. </p><p><br/>&nbsp;</p><br/><p><b>Barry Elliott </b>has extensive teaching experience at undergraduate, postgraduate and professional levels. He has wide experience as an external examiner in higher education at all levels of professional education.&nbsp;</p><p>&nbsp;</p><b>Jamie Elliott</b> is a&nbsp;director who has worked for Deloitte, Huawei and Panasonic. Prior to that, he lectured on undergraduate degree programmes and as Assistant Professor on MBA and Executive Education programmes at the London Business School.

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