Financial Accounting and Reporting

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.

New to this edition:

• Chapter 7 ‘Concepts – evolution of an international conceptual framework’ has been re-written following completion of the Conceptual Framework

• Chapter 18 ‘Leasing’ has been revised in response to IAS 17 being superseded

• Chapter 30 ‘An introduction to digital financial reporting’ has been revised to discuss further developments in financial reporting on the internet

• 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

• Updated and refreshed exercises

• Fully updated coverage of IFRS and IAS including latest IFRS 9, 15 and 16

Key features:

• Exercises of varying difficulty including questions from past examination papers of professional accounting bodies

• Illustrations taken from real-world international company reports and accounts

• Extensive references included at the end of chapters

• For lecturers, complete solutions to all exercises in the book available on catalogue website

• For students, complete solutions for selected exercises in the text are available on a companion website found at www.pearsoned.co.uk/elliottelliott

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.

Barry Elliott 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.