Part 1 Introduction to Financial Accounting
1. Accounting: The language of business
2. Introduction to Financial Statements
3. Financial Statements: Interrelations and construction
4. Accounting Principles and End-of-period Adjustments
Part 2 Major Accounting Topics
5. Regulation of Accounting and Financial Reporting
6. Revenue Recognition Issues
7. Tangible Assets
8. Intangible Assets
9. Inventories
10. Financial Instruments in the Statement of Financial Position and Fair Value Accounting
11. Shareholders’ Equity
12. Liabilities and Provisions
13. Business Combinations
14. Analysis of the Income Statement
Part 3 Financial Statement Analysis
15. Analysis of the Statement of Financial Position/Balance Sheet
16. Statement of Cash Flows Construction
17. Analysis of the Statement of Cash Flows and Earnings Quality
18. Ratio Analysis, Financial Analysis and Beyond

Thorough update of all the real-life case examples and case studies. This maximizes topicality and relevance to students, and ensures full EMEA and international representation. This edition also comes with the optional addition of MindTap, an online learning solution with interactive questions and content that can be automatically graded. Adopts a strong international perspective, giving students examples from a wide range of countries and industries to clearly reflect the onus of International Financial Reporting Standards. Excellent Real-life Examples really bring the text to life and enable students to easily relate to the concepts being described. Superb Review Questions and Assignments to maximise student engagement and aid rapid independent learning. User-friendly tables, figures and diagrams are used extensively throughout the commentary to facilitate student understanding. Exclusive online appendices for each chapter are available through www.cengagebrain.co.uk. Search for ‘Stolowy’ and follow the instructions to create an account.