Part 1 The accounting and business environment
1 Financial reporting and regulation
2 Accounting and accountants
Part 2 Basic financial statements
3 Accounting concepts and the balance sheet equation
4 Accrual accounting
5 Non-current assets and depreciation
6 Refining the accounting system
7 Preparing financial statements
Part 3 An introduction to financial statement analysis
8 A framework for interpretation
9 Financial statement analysis I
10 Statement of cash flows
Part 4 The financial statements of multinational companies
11 The annual report
12 Consolidated financial statements
13 Operating segments and foreign operations
14 Issues in financial reporting by multinationals
15 International taxation
16 Auditing and corporate governance
Part 5 Advanced financial statement analysis
17 Financial statement analysis II
18 IFRS and the future
Further reading
Index

New extracts from published company reports from a range of international companies give a real life perspective. Updated digital resources including more multiple choice questions. ‘Between the Lines’ boxed features delve deeper into the analysis and encourage students to build their knowledge further. Assignment Questions test comprehension at chapter level (with answers provided on the lecturers’ side of the companion website) and gives students detailed assessment. Extracts from the company reports from a range of international blue-chip companies provides students with real-world examples enabling them to relate theory to practice.