Do your students struggle to engage with financial accounting topics? Look no further than Understanding Financial Accounting to help them actively engage with the content, understand the key concepts, and advance their analysis skills.
Writing specifically for those with no background in accounting, the authors focus on how to extract the information that will contribute to business decision making. Their conversational and captivating style makes even technical and complex principles unambiguous and immediately accessible.
A recurring case study, contextual examples, and real-world financial statements from multinational companies are interwoven throughout, demonstrating the principles in practice. Winfield, Graham, and Miller illuminate the relevance of IFRS and financial statement literacy to non-accountants, as well as guiding students towards carrying out analysis autonomously.
Table of Contents
1:Financial accounting in context
2:Accounting basics
3:Financial reporting standards
4:Income and expenses
5:Cash flows
6:Assets
7:Liabilities
8:Leases, foreign exchange, and deferred tax
9:Group financial statements
10:Equity
11:Financial analysis
12:Business valuations
13:Creative accounting
14:Trends in corporate reporting