Advanced Financial Accounting and Reporting

Auteur
Joanne Horton is Professor of Accounting at the University of Exeter, UK Richard Macve is Professor of Accounting at the London School of Economics, UK

Résumé

Developing a knowledge and understanding of the underlying principles, concepts and regulations relating to financial accounting is a cornerstone of the art of accounting. Whilst the basics of this topic are well represented in existing textbooks, a more thorough and enhanced understanding is required in order to excel at both undergraduate and postgraduate level.

The main emphasis of this textbook is on financial accounting and reporting in the context of its relationship to stock market prices. With an authoritative voice, the book goes beyond standard texts on 'how to do IFRS accounting' to critically examine the rationales underlying accounting policy choice and its regulation and provide insight into the drivers of accounting change. This analysis draws on both accounting theory and empirical accounting research studies.

While the focus is on both the IFRS and the US accounting systems, the critical analysis of current practice is relevant to all countries where stock market activity is of growing significance.

Contenu

1. Rationales for Financial Reporting and Regulation 2. Conceptual Framework 3. Income Measurement and Capital Maintenance 4. Historical Cost Accounting (HCA) 5. Current Value Accounting (CVA) 6. Accounting for Groups 7. Accounting for Foreign Currencies 8. Accounting for Tangible Non-Current Assets 9. Accounting for Intangibles: Goodwill and R&D 10. Accounting for Inventories and Long-Term Contracts 11. Accounting for Financial Instruments: Long-Term Liabilities 12. Accounting for Equity and Liabilities 13. Accounting for Pensions 14. Accounting for Financial Performance 15. Accounting for Taxation 16. Analysis and Interpretation of Financial Reports 17. Information Intermediaries 18. Accounting Quality 19. Accounting Based Stock Market Anomalies 20. Accounting Globalization 21. And finallySome Examples of how Changes in Financial Accounting and Reporting are being Driven