'Applied Financial Accounting' is an exciting new textbook which successfully applies the traditional basis and theory of accounting to an actual company annual report. Based on UK standards, but highlighting where international standards differ, this text will meet the needs of changing accounting practice. The book explains the detailed regulatory framework of accounting and makes this accessible to students by applying it throughout to an actual company annual report (Domino's Pizzas UK and IRL plc.) Each chapter contains several cross references to the main report and also a range of other company references. The application of the theory is reinforced with a wealth of pedagogical features including case studies, web links, glossary, multiple choice questions, numerical questions and longer exam questions. This book is an excellent introduction to financial accounting and reporting which users will find student friendly, up-to-date and informative.
COMPANION WEB SITE The book has an extensive companion web site containing the following features: PowerPoint slides, instructor's manual, QuestionGenerator(c) files based on Excel spreadsheets, accounting standards updates, case study updates, glossary, multiple choice questions and additional questions.
1: Principles and Practices
2: Recording Financial Information
3: Summarising Financial Information
4: The Profit and Loss Account: from 'turnover' to 'profit before interest and taxation'
5: The Profit and Loss Account: from 'profit before interest and taxation' to 'retained profit'.
6: The Balance Sheet: Assets
7: The Balance Sheet: Liabilities
8: The Balance Sheet: Capital and Reserves
9: The Cash Flow Statement
10: Consolidated Financial Statements
11: The Annual Report
12: Understanding and Analysing the Annual Report
Appendix 1: Latest Annual Report of Domino's Pizzas UK and IRL plc
Appendix 2: Answers to Multiple Choice Questions
Appendix 3: Solutions to longer questions
Appendix 4: Answers to mini case studies
Chapter summaries for revision