Financial Accounting and Reporting

‘Well-structured, informative, and enriched with relevant examples. The coverage of established and contemporary issues within financial accounting and reporting is comprehensive.'

Dr Chloe Wu, Lecturer and Assistant Professor in Accounting and Finance, University of Leeds

The 20th edition of Financial Accounting and Reporting by Jamie Elliott and Barry Elliott provides a comprehensive overview of financial accounting and reporting, equipping you with the knowledge to prepare and critically discuss IFRS compliant financial statements, and introducing you to the commercial issues surrounding these. Now with enhanced coverage of interpretation of financial statements, ethical issues and accountability, the authors provide essential knowledge for advancing your studies and career. A hallmark of this textbook, it continues to provide a balance of theoretical principles and up-to-date practical application of current international standards. 

Key features 

• Exercises of varying difficulty including questions from past examination papers of professional accounting bodies 
• Illustrations taken from real-world international company reports and accounts, which have been updated for this edition and help to demonstrate the applications of key principles in the life of real companies 
• Up-to-date content including new material on accountability, sustainability, ethical problems and the future of audit services  
• Includes the latest accounting standards set out in the IFRS, IAS and the Conceptual Framework for Financial Reporting, plus a discussion of the proposed IFRS on General Presentation and Disclosure 
• Improved flow of topics and revised explanations makes the text even easier to follow and use 

Instructors, pair this text with MyLab Accounting 

MyLab™ is the teaching and learning platform that allows you to reach every student with powerful self-study material and assessments. By combining trusted author content with digital tools and a flexible platform, MyLab personalises the learning experience and improves results for each student. MyLab Accounting has been expanded for this edition to better align with accounting exam requirements and now includes over 1600 questions that can be assigned to students. 

Jamie Elliott is a director who has worked for Deloitte, Huawei, Panasonic and Mott MacDonald. Prior to that, he lectured on undergraduate degree programmes and as Assistant Professor on MBA and Executive Education programmes at the London Business School.  

Barry Elliott has extensive teaching experience at undergraduate, postgraduate and professional levels in England, New Zealand, China, Hong Kong and Singapore. He has worked for Coopers & Lybrand as a Training Manager in London and National Training Manager in Australia. He has wide experience as an external examiner in higher education at all levels of professional education.  

For second year Financial Accounting modules or modules on Financial Reporting on undergraduate and MBA courses. Available with MyLab Accounting

‘Well-structured, informative, and enriched with relevant examples. The coverage of established and contemporary issues within financial accounting and reporting is comprehensive.'

Dr Chloe Wu, Lecturer and Assistant Professor in Accounting and Finance, University of Leeds

Gain a comprehensive understanding of financial accounting and reporting, and learn to prepare and discuss financial statements

The 20th edition of Financial Accounting and Reporting by Jamie Elliott and Barry Elliott provides a comprehensive overview of financial accounting and reporting, equipping you with the knowledge to prepare and critically discuss IFRS compliant financial statements, and introducing you to the commercial issues surrounding these. Now with enhanced coverage of interpretation of financial statements, ethical issues and accountability, the authors provide essential knowledge for advancing your studies and career.

Key features 

• Exercises of varying difficulty including questions from past exam papers of professional accounting bodies 
• Illustrations taken from real-world international company reports and accounts, which have been updated for this edition and help to demonstrate the applications of key principles in the life of real companies 
• Up-to-date content including new material on accountability, sustainability, ethical problems and the future of audit services  
• Includes the latest accounting standards set out in the IFRS, IAS and the Conceptual Framework for Financial Reporting, plus a discussion of the proposed IFRS on General Presentation and Disclosure 
• Improved flow of topics and revised explanations makes the text even easier to follow and use 

Instructors, pair this text with MyLab Accounting

By combining trusted author content with digital tools and a flexible platform, MyLab™ personalises the learning experience and improves results for each student. MyLab Accounting has been expanded for this edition to better align with feedback received from accounting course leaders and now includes over 1600 questions that can be assigned to students, including more exercises on accounts preparation for group accounts. 

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