Financial and Management Accounting, 9th edition
Published by Pearson (April 29, 2024) © 2024
- Pauline Weetman University of Edinburgh
- Darren Jubb University of Dundee
eTextbook
- Easy-to-use search and navigation
- Add notes and highlights
- Search by keyword or page
- A print text (hardcover or paperback)
- Free shipping
Help your students understand the 'why' behind the 'how' in Financial and Management Accounting.
Financial & Management Accounting: An Introduction, 9th edition, is a well-respected text written by experts drawing on many years of experience in teaching Accounting.
With a strong focus on the 2018 Conceptual Framework of the International Accounting Standards Board, this textbook makes extensive use of real-world case studies, and offers a wide range of activities throughout each chapter to help your students link theory to practice.
Hallmark features of this title
Up-to-date content aligning with the latest financial standards
- A strong focus on the 2018 Conceptual Framework of the International Accounting Standards Board
- Definitions and terminology in line with the Conceptual Framework
- A clear and accessible writing style with a focus on clearly explaining the accounting equation
A range of student activities to further support your students' understanding
- Chapter case studies illustrating key ideas in the book and featuring a variety of well-known companies and organisations
- End-of-chapter questions to test your students' understanding of the essentials and go further by applying knowledge to realistic scenarios
- A unique running case study applying accounting principles to a services company
"This is an easy to read, clearly structured and nicely illustrated textbook covering the most important topics in financial and management accounting. Not many textbooks reveal the 'why' behind accounting concepts. This one does - in a perfectly comprehensible manner!" Professor Matthias Mohr, Board Member, St. Gallen Business School, Switzerland & PhD in Business Administration
New and updated features of this title
- Updated with new sections on reporting on environmental impact and sustainability, and enhanced information on corporate social responsibility
- Updated structure that introduces earlier many key concepts that business leaders need to know about financial accounting
- New real-world cases help students understand and explore how the accounting theory is actually applied in practice and the financial issues that impact real businesses
- Expanded coverage of international accounting standards
- REVISED! Activities and end-of-chapter exercises to test your your students’ understanding and progress and to encourage them to go further by applying knowledge to realistic scenarios.
- Updated online questions focusing on key concepts from the book – on the free-to-access companion website
Features of Pearson eBook for the 9th Edition
Improve your students' learning experience with a range of digital tools.
From fully online delivery to blended learning, this is a digital textbook with integrated resources designed to keep your students engaged and support their learning.
With eBooks your students can:
- Customise how they study and add their own notes, bookmarks, and highlights directly in their eBook.
- Organise study time and read online or offline, anytime, anywhere.
- Optimise their studying and access learning content with their computer, mobile, and Android apps.
- Study for their course with an environmentally friendly learning resource.
Find out more about the teaching benefits of Pearson eBooks.
Preface
Â
Part 1 Corporate Reporting: Annual Report and Accounts
- Users needs for information
- What influences the annual report?
- The accounting equation: a systematic approach to financial reporting
- Financial statements from the accounting equation
- Ensuring the quality of financial statements
Part 2 Reading and interpreting company reports
- Published financial statements
- Ratio analysis
- Ratios – worked example
Part 3 Reporting the transactions of a business
- Accounting information for service businesses
- Accounting information for trading businesses
Part 4 Recognition in financial statements
- Non-current (fixed) assets
- Current assets
- Current liabilities
- Provisions and non-current (long-term) liabilities
- Ownership interest
Part 5 Setting the scene and defining the basic tools of management accounting
- Functions of management accounting
- Classification of costs
- Product costs: materials, labour and overheads
Part 6 Job costs and stock valuation
- Job costing
Part 7 Decision making
- Break-even analysis and short-term decision making
Part 8
- Preparing a budget
- Standard costs
- Performance evaluation and feedback reporting
Part 9 Capital investment appraisal and business strategy
- Capital investment appraisal
- Business strategy and management accounting
Financial accounting terms defined
Management accounting terms defined
Appendices
I Information extracted from annual report of Safe and Sure Group plc, used throughout Financial Accounting
II Solutions to numerical and technical questions in Financial Accounting
III Solutions to numerical and technical questions in Management Accounting
Index
Publisher's acknowledgements
Pauline Weetman, BA, BSc (Econ), PhD, CA, FRSE, is Professor Emerita of Accounting at the University of Edinburgh, with extensive experience in teaching at undergraduate and postgraduate levels, with previous chairs held at various universities across Scotland, UK.
Darren Jubb is a lecturer in Accounting at the University of Dundee. He is a qualified Chartered Accountant with several years of experience teaching financial accounting and auditing at undergraduate and postgraduate levels.
Need help? Get in touch