Financial accounting for decision makers / / Peter Atrill, Eddie McLaney

• Autore: Atrill Peter
• Pubblicazione: Harlow, England : , : Pearson Education Limited, , [2016]; ©2016
• Edizione: Eighth edition.
• Descrizione fisica: 1 online resource (xx, 585 p.) : ill
• Disciplina: 658.15
• Soggetto topico: Decision making; Accounting
• Persona (resp. second.): McLaneyE. J.
• Note generali: Includes index.
• Nota di contenuto: Cover -- Title page -- Copyright page -- Brief contents -- Contents -- Preface -- How to use this book -- Acknowledgements -- 1 Introduction to accounting -- Introduction -- Learning outcomes -- What is accounting? -- Who are the users of accounting information? -- The conflicting interests of users -- How useful is accounting information? -- Providing a service -- Weighing up the costs and benefits -- Accounting as an information system -- Management accounting and financial accounting -- Scope of this book -- The changing face of accounting -- Accounting for business -- What is the purpose of a business? -- What kinds of business ownership exist? -- How are businesses organised? -- The quest for wealth creation -- Meeting the needs of other stakeholders -- Balancing risk and return -- Reasons to be ethical -- Not-for-profit organisations -- Summary -- Key terms -- References -- Further reading -- Review questions -- 2 Measuring and reporting financial position -- Introduction -- Learning outcomes -- The major financial statements - an overview -- The statement of financial position -- The effect of trading transactions -- Classifying assets -- Classifying claims -- Statement layouts -- Capturing a moment in time -- The role of accounting conventions -- Money measurement -- Valuing assets -- Meeting user needs -- Self-assessment question -- Summary -- Key terms -- Further reading -- Review questions -- Exercises -- 3 Measuring and reporting financial perfomance -- Introduction -- Learning outcomes -- The income statement -- Different roles -- Income statement layout -- Further issues -- Recognising revenue -- Recognising expenses -- Profit, cash and accruals accounting -- Depreciation -- Costing inventories -- Trade receivables problems -- Uses and usefulness of the income statement -- Self-assessment question -- Summary -- Key terms. ; Further reading -- Review questions -- Exercises -- 4 Accounting for limited companies (1) -- Introduction -- Learning outcomes -- The main features of limited companies -- Legal safeguards -- Public and private companies -- Taxation -- The role of the Stock Exchange -- Capital market efficiency -- Managing a company -- Financing limited companies -- Share capital -- Reserves -- Bonus shares -- Share capital jargon -- Borrowings -- Raising share capital -- Withdrawing equity -- The main financial statements -- Dividends -- Self-assessment question -- Summary -- Key terms -- References -- Further reading -- Review questions -- Exercises -- 5 Accounting for limited companies (2) -- Introduction -- Learning outcomes -- The directors' duty to account -- The need for accounting rules -- Sources of accounting rules -- Problems with standards -- Accounting rules or accounting choice? -- The need for a conceptual framework -- The IASB framework -- The auditors' role -- The framework of annual financial reports -- Presenting the financial statements -- Management commentary -- Directors'report -- Strategic report -- Accounting standards and accounting policies -- Creative accounting -- Self-assessment question -- Summary -- Key terms -- References -- Further reading -- Review questions -- Exercises -- 6 Measuring and reporting cash flows -- Introduction -- Learning outcomes -- The statement of cash flows -- Why is cash so important? -- The main features of the statement of cash flows -- A definition of cash and cash equivalents -- The relationship between the main financial statements -- The layout of the statement of cash flows -- The normal direction of cash flows -- Preparing the statement of cash flows -- Reconciliation of liabilities from financing activities -- What does the statement of cash flows tell us? -- Problems with IAS 7. ; Self-assessment question -- Summary -- Key terms -- Reference -- Further reading -- Review questions -- Exercises -- 7 Recognising and reporting assets and liabilities -- Introduction -- Learning outcomes -- Provisions, contingent liabilities and contingent assets -- Provisions -- Contingent liabilities -- Contingent assets -- Internally-generated intangible assets -- Leases -- Borrowing costs -- Self-assessment question -- Summary -- Key terms -- Further reading -- Review questions -- Exercises -- Appendix: Time value of money -- 8 Analysing and interpreting financial statements (1) -- Introduction -- Learning outcomes -- Financial ratios -- Financial ratio classifications -- The need for comparison -- Calculating the ratios -- A brief overview -- Profitability -- Efficiency -- Relationship between profitability and efficiency -- Liquidity -- Operating cash cycle -- Financial gearing -- Self-assessment question -- Summary -- Key terms -- Further reading -- Review questions -- Exercises -- 9 Analysing and interpreting financial statements (2) -- Introduction -- Learning outcomes -- Investment ratios -- Financial ratios and the problem of overtrading -- Key performance indicators -- Common-size financial statements -- Trend analysis -- Using ratios to predict financial failure -- Limitations of ratio analysis -- Self-assessment question -- Summary -- Key terms -- References -- Further reading -- Review questions -- Exercises -- 10 Reporting the financial results of groups of companies -- Introduction -- Learning outcomes -- What is a group of companies? -- How do groups arise? -- Types of group relationship -- Preparing a group statement of financial position -- Goodwill arising on consolidation and asset carrying amounts -- Inter-company assets and claims -- Preparing a group income statement -- The statement of comprehensive income. ; Inter-company trading -- Group statement of cash flows -- Accounting for less than a controlling interest - associate companies -- The argument against consolidation -- Self-assessment question -- Summary -- Key terms -- Further reading -- Review questions -- Exercises -- 11 Increasing the scope of financial reporting -- Introduction -- Learning outcomes -- The development of financial reporting -- From stewardship to decision making -- Segmental financial reports -- Summary financial statements -- Interim financial statements -- The value added statement -- Inflation accounting and reporting -- Self-assessment question -- Summary -- Key terms -- References -- Further reading -- Review questions -- Exercises -- 12 Governing a company -- Introduction -- Learning outcomes -- Corporate governance -- The board of directors -- The UK Corporate Governance Code -- Tasks of the board -- Chairing the board -- The role of non-executive directors -- The audit process -- Remunerating directors -- Performance measures -- Asessing board performance -- The rise of shareholder activism -- Self-assessment question -- Summary -- Key terms -- References -- Further reading -- Review questions -- Exercises -- Appendix A Recording financial transactions -- Introduction -- Learning outcomes -- The basics of double-entry bookkeeping -- Recording trading transactions -- Balancing accounts and the trial balance -- Preparing the financial statements (final accounts) -- The ledger and its division -- Summary -- Key terms -- Further reading -- Exercises -- Appendix B Glossary of key terms -- Appendix C Solutions to self-assessment questions -- Appendix D Solutions to review questions -- Appendix E Solutions to selected exercises -- Index.
• Sommario/riassunto: With a comprehensive and accessible introduction to the subject, Financial Accounting for Decision Makers focuses on the ways in which financial statements and information can be used to improve the quality of decision making. The practical emphasis throughout the book ensures the material is always relevant, whilst the authors’ style of introducing topics gradually and explaining technical terminology in a clear, friendly style caters for all students, whether on specialist accounting or non-specialist business degrees.
• Titolo autorizzato: Financial accounting for decision makers
• ISBN: 1-292-09911-9
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910154762903321
• Lo trovi qui: Univ. Federico II
• Serie: Always learning.