This guide provides an accessible overview of the accounting theory and regulation which underpins financial reporting in the UK, and how these are applied in practice. Topics covered include: principle accounting statements, methods of financial measurement, asset valuation, group accounts and the interpretation of accounts. Throughout, theory is supported by worked examples to aid understanding. 

This new edition has been completely revised and updated to incorporate International Accounting Standards.

Paperback •  ISBN: 9781860723544 •   Published July 2006 • £32.50

Contents
Part 1: Introduction: the uses of financial accounting
Accounting reports and profit recognition
 
Part 2: Measurement, theory and regulation
Methods of financial measurement
Accounting theory and regulation
Structure and content of financial statements
 
Part 3: Asset valuation and profit measurement
Non-current assets and other intangibles
Inventories, construction contracts and selected liabilities
Fair value, substance and form
 
Part 4: Combining and reorganising business entities
Group accounts
Foreign currency translation
Capital reduction, reorganisation and reconstruction
 
Part 5: Interpreting accounts

About the author
John Richard Edwards: