Financial accounting, reporting & analysis / Barry Elliott and Jamie Elliott.

Includes bibliographical references and index.

Part One - INCOME AND ASSET VALUE MEASUREMENT SYSTEMS1 Accounting and reporting on a cash flow basis 2 Accounting and reporting on an accruals basis 3 Income and asset value measurement: an economist\'s approach 4 Changing price levels: the developing approach 5 Changing price levels: financial reporting practice Part Two - REGULATORY FRAMEWORK 6 International reporting and interpretation 7 Conceptual framework 8 Published accounts of companies 9 Preparation of published accounts 10 Cash flow statements Part Three - BALANCE SHEET - LIABILITIES11 Share capital, capital maintenance and distribute profits 12 Reduction of share capital 13 Off balance sheet finance and capital instruments 14 Employee Benefits 15 Taxation in company accounts Part Four - BALANCE SHEET ASSETS16 Property, Plant and Equipment 17 Leases 18 R & D; goodwill and intangible assets; brands 19 Inventories 20 Construction contracts Part Five - CONSOLIDATED ACCOUNTS21 Accounting for groups at sate of acquisition 22 Preparation on consolidated balance sheets after date of acquisition 23 Preparation of consolidated income statements 24 Accounting for associated companies 25 Accounting for unitings of interest 26 Accounting for the effects of changes in foreign exchange rates 27 Review of financial ratio analysis 28 Trend analysis and multivariate analysis 29 Earnings per share 30 Corporate governance 31 Ethics Appendix: Outline solutions to selected exercises Index

The authors provide a balanced and comprehensive framework to enable students internationally to acquire the requisite knowledge and skills to appraise current practice critically and to evaluate proposed changes from a theoretical base.