Financial and management accounting : an introduction /
Pauline Weetman, Darren Jubb.
- 9th edition
- 856 pages : illustrations (colour) ; 26 cm
Previous edition: published as by Pauline Weetman. 2019.
Includes bibliographical references and index.
Preface Part 1 Corporate Reporting: Annual Report and Accounts Users needs for information What influences the annual report? The accounting equation: a systematic approach to financial reporting Financial statements from the accounting equation Ensuring the quality of financial statements Part 2 Reading and interpreting company reports Published financial statements Ratio analysis Ratios - worked example Part 3 Reporting the transactions of a business Accounting information for service businesses Accounting information for trading businesses Part 4 Recognition in financial statements Non-current (fixed) assets Current assets Current liabilities Provisions and non-current (long-term) liabilities Ownership interest Part 5 Setting the scene and defining the basic tools of management accounting Functions of management accounting Classification of costs Product costs: materials, labour and overheads Part 6 Job costs and stock valuation Job costing Part 7 Decision making Break-even analysis and short-term decision making Part 8 Preparing a budget Standard costs Performance evaluation and feedback reporting Part 9 Capital investment appraisal and business strategy Capital investment appraisal Business strategy and management accounting Financial accounting terms defined Management accounting terms defined Appendices I Information extracted from annual report of Safe and Sure Group plc, used throughout Financial Accounting II Solutions to numerical and technical questions in Financial Accounting III Solutions to numerical and technical questions in Management Accounting Index Publisher's acknowledgements
'Financial and Management Accounting' is a fundamental learning resource for students studying financial and management accounting courses. With a range of activities and real-world case studies, this edition will encourage students to explore and consider management accounting issues from different angles and perspectives. Shape your critical understanding of the 'why' behind the 'how' in Financial and Management Accounting. Financial & Management Accounting: An Introduction, 9th edition, is a well-respected text written by experts drawing on many years of experience in teaching Accounting. Ideal for undergraduate students in Business and Accounting courses, this revised edition provides new material on the relationship between corporate reporting and sustainability issues, including climate reporting. At the same time, the book retains all the features that have contributed to its popularity: focus on the accounting equations, extensive use of real-world case studies, a clear and accessible writing style, a wide range of student activities throughout each chapter, and a unique running case study applying accounting principles to a services company. Key features include: A discussion on sustainability and climate reporting with greater commitment to lower carbon use, and how international organisations have influenced corporate reporting in these areas Revised structure for flexible learning to suit your chosen study route Definitions and terminology aligned with the Conceptual Framework Thoroughly revised content to reflect regulatory changes, including the transition to the Audit, Reporting and Governance Authority (ARGA) Chapter case studies illustrating key ideas in the book and featuring a variety of well-known companies and organisations A range of activities throughout each chapter to help you consider issues from different viewpoints A large body of end-of-chapter questions to test your understanding of the essentials and go further by applying knowledge to realistic scenarios. With a strong focus on the 2018 Conceptual Framework of the International Accounting Standards Board, this textbook guides you in understanding the &"why" and not just the "how" of financial and management accounting.