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Advanced Financial Accounting

Advanced Financial Accounting
By Richard Lewis, David Pendrill

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Product Description

Advanced Financial Accounting is written for second and third year financial accounting courses on accounting or business studies degrees. It also provides extensive coverage of the syllabuses for the advanced papers in financial accounting and financial reporting of the ACCA, CIMA, ICAEW, ICAI and ICAS. Rigorous in its approach, Advanced Financial Accounting tackles the more complex issues of the subject in a lively and engaging mannner. Familiar in its structure and treatment of basic concepts, the seventh edition has, none the less, been thoroughly revised and updated to reflect recent and planned developments in financial reporting. Thus it explains the considerable changes which are scheduled to take place in the European Union during the next few years and the increasing importance of the International Accounting Standards. It includes greater coverage of the International Standards and provides in depth discussion of such issues as accounting for financial instruments, deferred taxation and stock options as well as exploring the impact of the major changes which have occurred in the accounting treatment of pension costs. 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.

Product Details

  • Amazon Sales Rank: #497947 in Books
  • Published on: 2003-07-24
  • Original language: English
  • Binding: Paperback
  • 690 pages

Editorial Reviews

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.
     
    The seventh edition is accompanied by a downloadable Solutions Manual which is available to lecturers on the website at www.booksites.net/lewispendrill. 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.

    Richard Lewis MSc, FCA, is Co-Director of the Centre for Higher Education Research and Information at the Open University. He was formerly a Pro-Vice-Chancellor of the Open University and Deputy Chief Executive of the Council for National Academic Awards. Prior to that, he was Sir Julian Hodge Professor of Accounting at the University of Wales, Aberystwyth, and Head of the Accountancy Department at what is now London Metropolitan University.

    David Pendrill BSc(Econ), MSc, FCA, CTA, LTCL, is the Esmée Fairbairn Professor of Accounting and Financial Management at the University of Buckingham, where he was Head of the Department of Accounting and Finance for more than a decade. He was formerly a Senior Lecturer in Accountancy at what is now Cardiff University and has taught at the London School of Economics as well as at universities in Canada, Singapore and the West Indies.

    Customer Reviews

    Good for undergraduate level financial accounting courses4
    This is a fairly comprehensive textbook for anyone with a basic prior knowledge of financial accounting.
    It provides good coverage of all issues dealt in financial accounting and has an emphasis on provoking thought and criticism towards accounting issues in the UK and in the world.
    There is also a special emphasis on accounting standards and its implications which is good for any student wanting to go into some form of accounting research.
    Though the book at first glance might seem a bit too 'wordy' to be a good accounting book, it does provide ample numerical examples and exercises for practise. However, as already mentioned, this book is for users with some form of financial accounting knowlege hence, there is no need for basic numerical examples to be included.
    I would recommend this book to anyone with an interest in developing a crtical and advanced view of issues in financial accounting.