Financial and Management Accounting, 9th edition

Published by Pearson (May 15, 2024) © 2024

  • Pauline Weetman University of Edinburgh
  • Darren Jubb University of Dundee
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  • Real-world cases
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Shape your critical understanding of 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.

Ideal for undergraduate students in Business and Accounting courses, this revised edition provides new material on the relationship between corporate reporting and sustainability issues, including climate reporting.

At the same time, the book retains all the features that have contributed to its popularity: focus on the accounting equations, extensive use of real-world case studies, a clear and accessible writing style, a wide range of student activities throughout each chapter, and a unique running case study applying accounting principles to a services company.

  • 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 Budgets
  • 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

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