Financial Accounting

With a clear and comprehensive style, this text leads readers through their studies of Financial Accounting step-by-step, perfectly balancing theory and real-life practice. It includes topical coverage of corporate governance, international accounting standards, statement of principles (SOP), e-business, and information technology as they apply to financial accounting. This lively and up-to-date text is perfect for introductory financial accounting modules delivered as part of a business degree or MBA programmes and is full of examples, exercises and cases studies to aid students' understanding of the subject.Chapter 1 The importance of financial accounting Chapter 2 Classifying and recording financial transactions Chapter 3 Financial statements of limited companies: balance sheet Chapter 4 Financial statements of limited companies: income statement Chapter 5 Financial statements of limited companies: statement of cash flows Case Study I Chapter 6 Corporate governance Chapter 7 Financial statements analysis Case Study II Chapter 8 Annual report and accounts Chapter 9 Financing the business Case Study III Appendix 1 IFRSs and IASs Appendix 2 Solutions to selected exercises