Synopsis
This text provides a comprehensive treatment of financial reporting in the UK and is a textbook for 2nd and 3rd year courses in universities. Basic and advanced questions are provided at the end of the book.
From the Back Cover
Lewis and Pendrill- Advanced Financial Accounting, 7th edition Rigorous in its approach, Advanced Financial Accounting tackles the more complex issues of the subject in a lively and engaging manner. Familiar in its structure and treatment of basic concepts, this seventh edition has been thoroughly revised and updated to reflect recent and planned developments in financial reporting. The new edition
explains the considerable changes which are scheduled to take place in the European Union during the next few years
examines the increasing importance of the IASB and international standards
includes greater focus on international developments
provides in-depth discussion of all important areas, including controversial issues such as accounting for financial instruments, goodwill and share options, as well as exploring the impact of the major changes that have occurred in the accounting treatment of pension costs
includes numerous questions, now grouped together at the ends of chapters This leading text continues to provide both clear explanations and critical evaluations of current accounting practice, especially as found in national and international accounting standards, and relates them to the needs of users of financial statements.As with the previous edition, annual updates are also available online. Advanced Financial Accounting is written for second and third year financial accounting students on accounting or business studies degrees and also suitable for MBA courses. The book provides extensive coverage of the syllabuses for the advanced papers in financial accounting and financial reporting of the ACCA, CIMA, ICAEW, ICAI and ICAS.