Financial Accounting / Anne Britton, Chris Waterston

Includes index.

Preface 1. What is accounting? 2. The statement of financial position 3. The statement of comprehensive income 4. Concepts and characteristics 5. The double entry system 6. Adjustments, including entries in ledger accounts 7. Preparation of statement of comprehensive income and statement of financial position from trial balance and adjustments 8. Accounts of limited companies and other organisations 9. Group Accounting 10. Statement of Cash Flows 11. Regulatory framework, corporate social responsibility and corporate governance 12. Interpretation, including ratio analysis and consideration of additional information required 13. Valuation and performance measurement 14. Control of accounting systems 15. Information technology and accounting 16. The finale Appendix: Answers to self assessment questions Glossary

This text provides an accessible introduction to financial accounting and focuses clearly upon the needs of modular course requirements. It considers the European contexts for accounting and provides a careful balance of practice and theory.