Financial Accounting For Dummies - UK

2. UK Auflage 2025
ISBN: 978-1-394-36648-4
Verlag: John Wiley & Sons Inc

Buch, Englisch, 368 Seiten, Format (B × H): 188 mm x 234 mm, Gewicht: 670 g

Essential concepts and terminology to turn you into a financial accounting wizard

They say accounting is the language of business, and like any new language, it takes time to achieve fluency. Financial Accounting For Dummies, UK Edition simplifies complex information into easily understandable terms to help you succeed in your classes and your career. In classic Dummies fashion, this guide demystifies complicated jargon and confusing rules, so you can understand all that you need to know to work in the financial accounting field. Discover the steps to becoming a qualified accountant and learn to handle bookkeeping, business transactions, and ledgers. When you're ready for the more advanced stuff, move on to balance sheets, investing, and analysing financial statements. Let Financial Accounting For Dummies simplify accounting, so you can achieve your goals, the easy way. - Gain a thorough background in financial accounting concepts, with clear explanations
- Learn about the major changes to accounting standards and law in recent years
- Start off on the track of getting qualified as an accountant and beginning a rewarding career
- Understand profit and loss, financial statements, and other accounting must-knows

Financial Accounting For Dummies, UK Edition is invaluable for students pursuing a degree in accounting, finance, or business, as well as those working toward their ACA, ACCA, or CIMA qualifications.

Autoren/Hrsg.

Loughran, Maire

Collings, Steven

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen Betriebliches Rechnungswesen

Inhaltsverzeichnis

Introduction 1

Part 1: Getting Started with Financial Accounting 5

Chapter 1: Looking at the Bigger Picture of Financial Accounting 7

Chapter 2: Making a Career in Financial Accounting 23

Chapter 3: Introducing the Primary Financial Statements 37

Chapter 4: Acronym Alert! Setting the Standards for Financial Accounting 53

Part 2: Looking at Some Accounting Basics 67

Chapter 5: Doing the Books: The Process behind Financial Accounting 69

Chapter 6: Exploring Accounting Methods Under UK and Ireland GAAP and UK-adopted IFRS 91

Part 3: Bonding with the Balance Sheet 103

Chapter 7: Looking at Assets 105

Chapter 8: Grappling with Liabilities 119

Chapter 9: Examining the Equity Section 139

Part 4: Investigating Income and Cash Flow 151

Chapter 10: Understanding Profit and Loss 153

Chapter 11: Figuring Out the Statement of Cash Flows 175

Chapter 12: Discovering and Understanding Depreciation 191

Chapter 13: Dealing with and Accounting for Inventory and Work in Progress 205

Part 5: Analysing the Financial Statements 217

Chapter 14: Using Ratios and Other Tools 219

Chapter 15: Delving into Disclosures. 233

Chapter 16: Reporting to Shareholders 249

Part 6: Tackling More Advanced Financial Accounting Topics 261

Chapter 17: Accounting for Revenue 263

Chapter 18: Accounting for Taxes 279

Chapter 19: Accounting for Leases 291

Chapter 20: Reporting Changes in Policies and Estimates and Correcting Errors 307

Part 7: The Part of Tens 319

Chapter 21: Ten Financial Accounting Shenanigans 321

Chapter 22: Ten Industries with Special Accounting Standards 329

Index 337

Über Autor(innen)

Steve Collings, FCCA, is an internationally recognized speaker, writer, and commentator on financial reporting and auditing. He is the author of IFRS For Dummies and Interpretation and Application of International Standards on Auditing.

Maire Loughran, CPA, is an accountant and auditor with 20 years’ experience as a full, adjunct accounting professor. She is the author of Financial Accounting For Dummies, Auditing For Dummies, and Intermediate Accounting For Dummies.