Financial & Management Accounting, 6th Edition

Were you looking for the book with access to MyAccountingLab? This product is the book alone, and does NOT come with access to MyAccountingLab. Buy Financial and Management Accounting with MyAccountingLab access card, (ISBN 9780273789529) if you need access to the MyAccountingLab as well, and save money on this brilliant resource.

The sixth edition retains all of the classic features that have contributed to the book’s success such as, clarity of expression, the focus on the accounting equation, student activities, real-life commentaries running through each chapter, and the inclusion of the Safe and Sure Annual Report as a real world example of a listed company.

Financial and Management Accounting: An Introduction is aimed at first-level undergraduates on business studies degrees taking introductory financial accounting and management accounting classes; first-level specialist accounting undergraduate students; introductory core accounting for MBA and postgraduate specialist Masters students, focusing on analysis through the accounting equation and a questioning approach to problem solving; and professional courses where accounting is introduced for the first time. 

Key features:  

• Fully up-to-date with International Financial Reporting Standards, IFRS
• Experience-driven conversations between two managers are included throughout, providing a practical examination of real life scenarios
• New coverage on Corporate Governance
• Focuses on specific knowledge outcomes, with end-of-chapter self-evaluation
• Questions are graded to test student understanding
• New case studies containing examples from real-world companies 

Need extra support?
This product is the book alone, and does NOT come with access to MyAccountingLab.

This title can be supported by MyAccountingLab, an online homework and tutorial system which can be fully integrated into an instructor’s course.
You can benefit from MyAccountingLab at a reduced price by purchasing a pack containing a copy of the book and an access card for MyAccountingLab: Financial and Management Accounting with MyAccountingLab access card (ISBN 9780273789529). Alternatively, buy access to MyAccountingLab and the eText – an online version of the book – online at www. MyAccountingLab.com.

For educator access, contact your Pearson Account Manager. To find out who your Account Manager is, visit www.pearsoned.co.uk/replocator 

Pauline Weetman BA, BSc (Econ), PhD, CA, FRSE, is Professor of Accounting at the University of Edinburgh, and has extensive experience of teaching at undergraduate and postgraduate level, with previous chairs held at Stirling, Heriot-Watt, Strathclyde and Glasgow Universities. She received the Distinguished Academic Award of the British Accounting Association in 2005.  She has convened the examining board of the Institute of Chartered Accountants of Scotland and was formerly Director of Research at ICAS.

Table of Contents

Part 1 A conceptual framework: setting the scene
Chapter 1 Who needs accounting?
Chapter 2 A systematic approach to financial reporting: the accounting equation
Chapter 3 Financial statements from the accounting equation
Chapter 4 Ensuring the quality of financial statements

Part 2 Reporting the transactions of a business
Chapter 5 Accounting information for service businesses
Chapter 6 Accounting information for trading businesses

Part 3 Recognition in financial statements
Chapter 7 Published financial statements
Chapter 8 Non-current (fixed) assets
Chapter 9 Current assets
Chapter 10 Current liabilities
Chapter 11 Provisions and non-current (long-term) liabilities
Chapter 12: Ownership interest

Part 4 Analysis and issues in reporting
Chapter 13 Ratio analysis
Chapter 14 Reporting corporate performance
Chapter 15 Reporting cash flows

Part 5 Setting the scene and defining the basic tools of management accounting
Chapter 16 Functions of management accounting
Chapter 17 Classification of costs
Chapter 18 Product costs: materials, labour and overheads

Part 6 Job costs and stock valuation
Chapter 19 Job costing

Part 7 Decision making
Chapter 20 Break-even analysis and short-term decision making

Part 8 Planning and control
Chapter 21 Preparing a budget
Chapter 22 Standard costs
Chapter 23 Performance evaluation and feedback reporting

Part 9 Capital investment appraisal and business strategy
Chapter 24 Capital investment appraisal
Chapter 25 Business strategy and management accounting