Financial and management accounting An introduction by Pauline Weetman【ebook】

Financial and management accounting An introduction by Pauline Weetman

ISBN-13: 9780273789215, 9780273789444, 9780273789512

Introduction
This book uses the international framework and International Financial Reporting
Standards (IFRS) as its primary focus. It enables students in their early stages of study
to understand and analyse the published annual reports and financial statements of
our largest businesses and public sector institutions. IFRS are now applied in many
aspects of government, local authority and other public sector accounting. Where relevant
it also refers to the approach used in small and medium-sized businesses where
the traditions of UK GAAP continue to be applied.
The book is written for the first level of undergraduate degree study in accounting
and business studies, or equivalent introductory accounting courses for any professional
training where an understanding of accounting is a basic requirement. While
UK listed companies apply IFRS in their published financial statements, the remainder
of the annual report is governed by UK-based regulations and codes. All UK companies
operate under the Companies Act 2006. Their annual reports are influenced
by the regulatory process applied to listed companies in the UK. This sixth edition is
thoroughly revised to reflect these regulatory changes, particularly the restructuring
of the Financial Reporting Council to take responsibility for the standards previously
issued by the UK Accounting Standards Board.