Financial accounting : an introduction
Benedict, Augustine
Financial accounting : an introduction / Augustine Benedict, Barry Elliott. - Second edition. - Harlow, England : Financial Times Prentice Hall, 2011. - xvi, 732 pages ; illustrations, tables (some color) ; 25 cm.
Includes bibliographical references and index.
pt. 1. The financial accounting system -- 1. The need for accounting -- 2. Accounting for cash -- 3. The double-entry accounting system -- 4. The statement of financial position and statement of income -- 5. Accounting for credit transactions -- 6. Inventories, profit margin and gross profit ratio -- 7. Accruals, prepayments, depreciation and bad debts -- 8. Disposal, revaluation and impairment of non-current assets -- pt. 2. Financial statements of limited companies, sole traders, groups and partnerships -- 9. Accounting for limited companies -- 10. Incomplete records -- 11. Statements of cash flows -- 12. Accounting ratios and interpretation of financial statements -- 13. Consolidation of financial statements -- 14. Accounting for partnerships -- pt. 3. Accounting for current assets and liabilities -- 15. Bank account and bank reconciliation -- 16. The journal and correction of errors -- 17. Control accounts -- 18. Accounting for sales tax (vat) and payroll -- 19. Conceptual framework of accounting -- pt. 4. The conceptual framework -- 19 conceptual framework of accounting -- 20. Revenue recognition -- pt. 5. Accounting for non-current assets, liabilities and provisions -- 21. Accounting for tangible non-current assets -- 22. Accounting for intangible assets and government grants -- 23. Liability, provision, contingency and post reporting-date events.
Financial Accounting: An introduction is an essential companion for students on introductory financial accounting modules within undergraduate accounting and business degrees. The authors' self-directed learning approach provides extensive opportunities for those new to the subject to test their learning, try out questions from the main exam bodies and build-up their ability to deal with challenging problems. A clear explanation of double entry bookkeeping, and the preparation and analysis of financial statements for individuals, partnerships, limited companies and groups of companies prepared in accordance with International Accounting Standards. Demonstrates the broad impact of financial accounting, considering its effect on individuals, banking systems and practices, sole traders, partnerships and limited companies. Over 160 in-text activities with detailed solutions to help build understanding of key concepts and skills; Over 160 Progressive Questions with detailed solutions, including past Examination Board questions to develop confidence; 800 in text multiple choice questions with detailed on-line solutions in the Student's Companion Website; Over 80 end of chapter Test Questions with on-line solutions for instructors, including past Examination Board questions.
9780273737650
2010036352
Accounting
Financial statements
HF5635 / B4187 2011
Financial accounting : an introduction / Augustine Benedict, Barry Elliott. - Second edition. - Harlow, England : Financial Times Prentice Hall, 2011. - xvi, 732 pages ; illustrations, tables (some color) ; 25 cm.
Includes bibliographical references and index.
pt. 1. The financial accounting system -- 1. The need for accounting -- 2. Accounting for cash -- 3. The double-entry accounting system -- 4. The statement of financial position and statement of income -- 5. Accounting for credit transactions -- 6. Inventories, profit margin and gross profit ratio -- 7. Accruals, prepayments, depreciation and bad debts -- 8. Disposal, revaluation and impairment of non-current assets -- pt. 2. Financial statements of limited companies, sole traders, groups and partnerships -- 9. Accounting for limited companies -- 10. Incomplete records -- 11. Statements of cash flows -- 12. Accounting ratios and interpretation of financial statements -- 13. Consolidation of financial statements -- 14. Accounting for partnerships -- pt. 3. Accounting for current assets and liabilities -- 15. Bank account and bank reconciliation -- 16. The journal and correction of errors -- 17. Control accounts -- 18. Accounting for sales tax (vat) and payroll -- 19. Conceptual framework of accounting -- pt. 4. The conceptual framework -- 19 conceptual framework of accounting -- 20. Revenue recognition -- pt. 5. Accounting for non-current assets, liabilities and provisions -- 21. Accounting for tangible non-current assets -- 22. Accounting for intangible assets and government grants -- 23. Liability, provision, contingency and post reporting-date events.
Financial Accounting: An introduction is an essential companion for students on introductory financial accounting modules within undergraduate accounting and business degrees. The authors' self-directed learning approach provides extensive opportunities for those new to the subject to test their learning, try out questions from the main exam bodies and build-up their ability to deal with challenging problems. A clear explanation of double entry bookkeeping, and the preparation and analysis of financial statements for individuals, partnerships, limited companies and groups of companies prepared in accordance with International Accounting Standards. Demonstrates the broad impact of financial accounting, considering its effect on individuals, banking systems and practices, sole traders, partnerships and limited companies. Over 160 in-text activities with detailed solutions to help build understanding of key concepts and skills; Over 160 Progressive Questions with detailed solutions, including past Examination Board questions to develop confidence; 800 in text multiple choice questions with detailed on-line solutions in the Student's Companion Website; Over 80 end of chapter Test Questions with on-line solutions for instructors, including past Examination Board questions.
9780273737650
2010036352
Accounting
Financial statements
HF5635 / B4187 2011
