Published by Pearson (July 4, 2019) © 2019

Pauline Weetman
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    ISBN-13: 9781292244457R180

    Financial and Management Accounting ,8th edition

    Language: British English

    Get a critical understanding of the 'why' behind the 'what' in Financial Management Accounting.

    Financial & Management Accounting: An Introduction, 8th edition is a core textbook in the field, written by leading expert teacher in Accounting, Pauline Weetman.

    An essential learning resource for undergraduates on Business Studies degrees, Accounting courses, or MBA students and professionals, this comprehensive introduction will provide the foundation you need for your course, presenting a more critical approach to the subject.

    The eighth edition of the text retains all the features that have contributed to the book's popularity: with its clear and accessible writing style, focus on the accounting equation, and extensive use of real-world case studies, the book aims to guide you through the 'why' and not just the 'what' of financial and management accounting.

    Key features include:

    • Definitions and terminology aligned with the 2018 IASB Conceptual Framework
    • Content fully up-to-date with the International Financial Reporting Standards (IFRS)
    • New case studies giving examples from real-world companies
    • Focus on specific knowledge outcomes with end-of-chapter self-evaluation
    • Questions graded according to difficulty, allowing you to test your understanding
    • Activities aligned to each section of a chapter, encouraging students to explore and consider issues from different viewpoints

    With a range of activities throughout the chapters that encourage you to explore and consider issues from different viewpoints, this market-leading text is a fundamental learning resource and introduction to the field.

    Contents in Brief

    Preface to the eighth edition

    Publisher s acknowledgements

    FINANCIAL ACCOUNTING

    Part 1 A conceptual framework: setting the scene

    1. Who needs accounting?
    2. A systematic approach to financial reporting: the accounting equation
    3. Financial statements from the accounting equation
    4. Ensuring the quality of financial statements

    Part 2 Reporting the transactions of a business

    1. Accounting information for service businesses
    2. Accounting information for trading businesses

    Part 3 Recognition in financial statements

    1. Published financial statements
    2. Non-current (fixed) assets
    3. Current assets
    4. Current liabilities
    5. Provisions and non-current (long-term) liabilities
    6. Ownership interest

    Part 4 Analysis and issues in reporting

    1. Ratio analysis
    2. Reporting corporate performance
    3. Reporting cash flows

    MANAGEMENT ACCOUNTING

    Part 5 Setting the scene and defining the basic tools of management accounting

    1. Functions of management accounting
    2. Classification of costs
    3. Product costs: materials, labour and overheads

    Part 6 Job costs and stock valuation

    1. Job costing

    Part 7 Decision making

    1. Break-even analysis and short-term decision making

    Part 8 Planning and control

    1. Preparing a budget
    2. Standard costs
    3. Performance evaluation and feedback reporting

    Part 9 Capital investment appraisal and business strategy

    1. Capital investment appraisal
    2. Business strategy and management accounting

    Financial accounting terms defined

    Management accounting terms defined

    Appendices

    1. Information extracted from annual report of Safe and Sure Group plc, used throughout Financial Accounting
    2. Solutions to numerical and technical questions in Financial Accounting
    3. Solutions to numerical and technical questions in Management Accounting

    Index