Description
Book SynopsisDo your students struggle to engage with financial accounting topics? Look no further than Understanding Financial Accounting to help them actively engage with the content, understand the key concepts, and advance their analysis skills.Writing specifically for those with no background in accounting, the authors focus on how to extract the information that will contribute to business decision making. Their conversational and captivating style makes even technical and complex principles unambiguous and immediately accessible.A recurring case study, contextual examples, and real-world financial statements from multinational companies are interwoven throughout, demonstrating the principles in practice. Winfield, Graham, and Miller illuminate the relevance of IFRS and financial statement literacy to non-accountants, as well as guiding students towards carrying out analysis autonomously. Students are also encouraged to develop their independent research and critical thinking skills by attemp
Trade ReviewAn excellent and comprehensive overview of financial statement analysis that is appropriate for beginners. Challenging points are carefully explained and fully explored. * James Brackley, University of Birmingham *
I really like the way it is written: very simple, with no unnecessary details for non-accountants. * Oiza Akubelem, Nottingham Trent University. *
Table of Contents1: Financial accounting in context 2: Accounting basics 3: Financial reporting standards 4: Income and expenses 5: Cash flows 6: Assets 7: Liabilities 8: Leases, foreign exchange, and deferred tax 9: Group financial statements 10: Equity 11: Financial analysis 12: Business valuations 13: Creative accounting 14: Trends in corporate reporting