Financial Accounting For Dummies - UK by Steven Collings (English) Paperback Boo

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Your plain English guide to financial accounting for students and trainees. Financial Accounting For Dummies provides students who are studying finance, accounting and business with the basic concepts, terminology, and methods to interpret, analyse, prepare and evaluate financial statements.

FORMATPaperback LANGUAGEEnglish CONDITIONBrand New Publisher Description

Your plain–English guide to financial accounting for students and trainees. Financial Accounting For Dummies provides students who are studying finance, accounting and business with the basic concepts, terminology, and methods to interpret, analyse, prepare and evaluate financial statements. Covers concepts accountants and other business professionals use to prepare reports; mergers and acquisitions purchase and pooling; free cash flow; and financial statement analysis. Whether you′re a student on your way to earning a degree, working towards your ACCA qualification, or a trainee just starting out in your accounts career, Financial Accounting For Dummies gives you a wealth of information to grasp the subject. This UK version is adapted to take in UK accounting practice and international reporting standardsProvides a firm grounding in interpreting, analysing, preparing and evaluating corporate financial statementsIncludes easy–to–understand explanations and real-life examples to consolidate learning

Notes

A highly accessible guide to financial accounting, providing a firm grounding in the interpretation, analysis, preparation and evaluation of corporate financial statements.

Back Cover

Learn to: Determine what each line of a financial statement tells you Tackle the core accounting methods and concepts Understand financial accounting in the context of GAAP and IFRS Master financial accounting basics fast! Whether youre an accountancy student studying for your degree, youre working towards ACCA qualification or youre just starting out in your accounts career, this plain-English guide delivers easy-to-understand explanations and tons of examples that make getting to grips with all important financial accounting concepts, terminology and methods faster and easier than ever. Learn the business get the lowdown on financial accounting as a career and see the big picture of financial accounting and international accounting Process those processes get to grips with the key financial accounting processes and concepts, for both UK GAAP and IFRS Balance the numbers make sense of the various parts of a balance sheet and how taken together they illustrate a companys financial status Search for profit (and loss) interpret financial statements to get a clear picture of a companys revenue, expenses, gains and losses Follow the money figure out the cash flow statement and what it should be telling you Open the book and find: Different ways to interpret and analyse financial statements How to prepare financial statements and report to shareholders How to investigate income and cash flow The key regulatory issues to be aware of The financial ins and outs of mergers and acquisitions Financial accountants ethical responsibilities The latest on building a career as a financial accountant

Flap

Learn to: Determine what each line of a financial statement tells you Tackle the core accounting methods and concepts Understand financial accounting in the context of GAAP and IFRS Master financial accounting basics - fast! Whether you're an accountancy student studying for your degree, you're working towards ACCA qualification or you're just starting out in your accounts career, this plain-English guide delivers easy-to-understand explanations and tons of examples that make getting to grips with all important financial accounting concepts, terminology and methods faster and easier than ever. Learn the business - get the lowdown on financial accounting as a career and see the big picture of financial accounting and international accounting Process those processes - get to grips with the key financial accounting processes and concepts, for both UK GAAP and IFRS Balance the numbers - make sense of the various parts of a balance sheet and how taken together they illustrate a company's financial status Search for profit (and loss) - interpret financial statements to get a clear picture of a company's revenue, expenses, gains and losses Follow the money - figure out the cash flow statement and what it should be telling you Open the book and find: Different ways to interpret and analyse financial statements How to prepare financial statements and report to shareholders How to investigate income and cash flow The key regulatory issues to be aware of The financial ins and outs of mergers and acquisitions Financial accountants' ethical responsibilities The latest on building a career as a financial accountant

Author Biography

Steve Collings is the audit and technical director for Leavitt Walmsley Associates Ltd, a Chartered Certified Accountants based in Sale, south Manchester. He specialises in financial reporting and auditing, and has an interest in small business taxation issues. Steve has written extensively for AccountingWEB.co.uk and is author of The Interpretation and Application of International Standards on Auditing and IFRS For Dummies, also published by Wiley. Maire Loughran, CPA, is a member of the American Association of Certified Public Accountants. An adjunct professor of auditing, accounting and taxation courses, she is also the author of Auditing For Dummies.

Table of Contents

Introduction 1 Part I: Getting Started with Financial Accounting 7 Chapter 1: Seeing the Big Picture of Financial Accounting and International Accounting 9 Chapter 2: Making a Career in Financial Accounting 25 Chapter 3: Introducing the Primary Financial Statements 37 Chapter 4: Acronym Alert! Setting the Standards for Financial Accounting 53 Part II: Looking at Some Accounting Basics 65 Chapter 5: Doing the Books: The Process behind Financial Accounting 67 Chapter 6: Taking a Butcher's at Accounting Methods Under UK GAAP and IFRS 87 Part III: Bonding with the Balance Sheet 97 Chapter 7: Looking at Assets 99 Chapter 8: Grappling with Liabilities 115 Chapter 9: Examining the Equity Section 131 Part IV: Investigating Income and Cash Flow 143 Chapter 10: Understanding Profit or Loss 145 Chapter 11: Figuring Out the Statement of Cash Flows under UK GAAP and IFRS 165 Chapter 12: Discovering and Understanding Depreciation 181 Chapter 13: Dealing with and Accounting for Inventory 195 Part V: Analysing the Financial Statements 207 Chapter 14: Using Ratios and Other Tools 209 Chapter 15: Delving into the Disclosures 225 Chapter 16: Reporting to Shareholders 241 Part VI: Tackling More Advanced Financial Accounting Topics 255 Chapter 17: Accounting for Business Combinations 257 Chapter 18: Accounting for Income Taxes 275 Chapter 19: Accounting for Leases 287 Chapter 20: Reporting Changes in Policies and Estimates and Correcting Errors 299 Part VII: The Part of Tens 311 Chapter 21: Ten Financial Accounting Shenanigans 313 Chapter 22: Ten Industries with Special Accounting Standards 321 Index 329

Long Description

Learn to: Determine what each line of a financial statement tells you Tackle the core accounting methods and concepts Understand financial accounting in the context of GAAP and IFRS Master financial accounting basics fast! Whether youre an accountancy student studying for your degree, youre working towards ACCA qualification or youre just starting out in your accounts career, this plain-English guide delivers easy-to-understand explanations and tons of examples that make getting to grips with all important financial accounting concepts, terminology and methods faster and easier than ever. Learn the business get the lowdown on financial accounting as a career and see the big picture of financial accounting and international accounting Process those processes get to grips with the key financial accounting processes and concepts, for both UK GAAP and IFRS Balance the numbers make sense of the various parts of a balance sheet and how taken together they illustrate a companys financial status Search for profit (and loss) interpret financial statements to get a clear picture of a companys revenue, expenses, gains and losses Follow the money figure out the cash flow statement and what it should be telling you Open the book and find: Different ways to interpret and analyse financial statements How to prepare financial statements and report to shareholders How to investigate income and cash flow The key regulatory issues to be aware of The financial ins and outs of mergers and acquisitions Financial accountants ethical responsibilities The latest on building a career as a financial accountant

Details ISBN111855437X Publisher John Wiley & Sons Inc Year 2013 ISBN-10 111855437X ISBN-13 9781118554371 Format Paperback Place of Publication New York Country of Publication United States DEWEY 657 Media Book Edition UK ed Language English UK Release Date 2013-04-12 NZ Release Date 2013-05-06 Author Maire Loughran Pages 384 Edition Description UK Edition Publication Date 2013-04-12 Imprint For Dummies Audience Professional & Vocational US Release Date 2013-04-12 AU Release Date 2013-04-11 We've got this

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