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  • Formaat: Multiple-component retail product, part(s) enclosed, kõrgus x laius x paksus: 246x190x31 mm, kaal: 1510 g, Contains 1 Paperback / softback and 1 Undefined and 1 Digital product license key
  • Ilmumisaeg: 23-Jul-2013
  • Kirjastus: Pearson Education Limited
  • ISBN-10: 0273778269
  • ISBN-13: 9780273778264 (Uuem väljaanne: 9781292080604)
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This package includes a physical copy of Financial Accounting and Reporting by Elliott as well as access to the eText and MyAccountingLab. This market-leading text offers a comprehensive overview of financial accounting and reporting. You will find worked examples and useful illustrations throughout the text to support your learning. With both theoretical and practical coverage, the authors provide essential knowledge that you need to advance in your studies and career. MyLab and Mastering from Pearson improve results for students and educators. Used by over ten million students, they effectively engage learners at every stage. With a proven 45% increase in pass rates, MyAccountingLab has helped students make strides in learning for over 10 years. MyAccountingLab has immersive content and tools that are so engaging that one student called it, "A perfect combination between pictures, videos and text. It's genius!" With MyAccountingLab, students gain knowledge that they will use throughout their lives, and universities gain a partner deeply committed to helping students and educators achieve their goals. For students Personalised study plan: MyAccountingLab gives you the opportunity to test yourself on key concepts and skills and generates a study plan based on topics you have not yet mastered. The study plan links to interactive exercises with guidance, to give you help when you need it most. Pearson eText gives you access to an ebook that can be used on the go, and allows you to highlight, search and take notes as you read online. Access to the ebook depends on the package you have bought. For educators Online assignments, tests and quizzes can be easily created and assigned to students. Gradebook: Assignments are automatically graded and visible at a glance. Register now to benefit from these resources. For educator access, contact your Pearson account manager. To find out who your account manager is, visit www.pearsoned.co.uk/replocator For more instructor resources available with this title, visit www.pearsoned.co.uk
Preface and acknowledgements xx
Guided tour of MyAccountingLab xxv
PART 1 PREPARATION OF FINANCIAL STATEMENTS
1(126)
1 Accounting and reporting on a cash flow basis
3(18)
1.1 Introduction
3(1)
1.2 Shareholders
3(1)
1.3 What skills does an accountant require in respect of external reports?
4(1)
1.4 Managers
4(1)
1.5 What skills does an accountant require in respect of internal reports?
5(1)
1.6 Procedural steps when reporting to internal users
5(3)
1.7 Agency costs
8(1)
1.8 Illustration of periodic financial statements prepared under the cash flow concept to disclose realised operating cash flows
8(4)
1.9 Illustration of preparation of statement of financial position
12(2)
1.10 Treatment of non-current assets in the cash flow model
14(1)
1.11 What are the characteristics of these data that make them reliable?
15(1)
1.12 Reports to external users
16(5)
Summary
17(1)
Review questions
18(1)
Exercises
18(2)
References
20(1)
2 Accounting and reporting on an accrual accounting basis
21(14)
2.1 Introduction
21(1)
2.2 Historical cost convention
22(1)
2.3 Accrual basis of accounting
23(1)
2.4 Mechanics of accrual accounting -- adjusting cash receipts and payments
23(1)
2.5 Subjective judgements required in accrual accounting -- adjusting cash payments in accordance with the matching principle
24(1)
2.6 Mechanics of accrual accounting -- the statement of financial position
24(1)
2.7 Reformatting the statement of financial position
25(1)
2.8 Accounting for the sacrifice of non-current assets
25(4)
2.9 Reconciliation of cash flow and accrual accounting data
29(6)
Summary
31(1)
Review questions
32(1)
Exercises
32(2)
References
34(1)
3 Preparation of financial statements of comprehensive income, changes in equity and financial position
35(34)
3.1 Introduction
35(1)
3.2 Preparing an internal statement of income from a trial balance
35(3)
3.3 Reorganising the income and expenses into one of the formats required for publication
38(1)
3.4 Format 1: classification of operating expenses and other income by function
39(3)
3.5 Format 2: classification of operating expenses according to their nature
42(1)
3.6 Other comprehensive income
42(1)
3.7 How non-recurring or exceptional items can affect operating income
43(1)
3.8 How decision-useful is the statement of comprehensive income?
44(1)
3.9 Statement of changes in equity
44(1)
3.10 The statement of financial position
45(1)
3.11 The explanatory notes that are part of the financial statements
46(3)
3.12 Has prescribing the formats meant that identical transactions are reported identically?
49(2)
3.13 Fair presentation
51(2)
3.14 What does an investor need in addition to the primary financial statements to make decisions?
53(16)
Summary
57(1)
Review questions
58(1)
Exercises
59(9)
References
68(1)
4 Annual Report: additional financial disclosures
69(33)
Introduction
69(1)
4.1 Introduction
69(1)
4.2 IAS 10 Events after the Reporting Period
69(2)
4.3 IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors
71(2)
4.4 What do segment reports provide?
73(1)
4.5 IFRS 8 Operating Segments
73(5)
4.6 Benefits and continuing concerns following the issue of IFRS 8
78(2)
4.7 Discontinued operations -- IFRS 5 Non-current assets held for sale and discontinued operations
80(2)
4.8 Held for sale -- IFRS 5 Non-current Assets Held for Sale and Discontinued Operations
82(1)
4.9 IAS 24 Related Party Disclosures
83(19)
Summary
88(1)
Review questions
89(1)
Exercises
90(11)
References
101(1)
5 Statements of cash flows
102(25)
5.1 Introduction
102(1)
5.2 Development of statements of cash flows
102(1)
5.3 Applying IAS 7 (revised) Statements of Cash Flows
103(3)
5.4 Step approach to preparation of a statement of cash flows -- indirect method
106(3)
5.5 Additional notes required by IAS 7
109(1)
5.6 Analysing statements of cash flows
110(4)
5.7 Approach to answering questions with time constraints
114(3)
5.8 Critique of cash flow accounting
117(10)
Summary
117(1)
Review questions
118(1)
Exercises
118(8)
References
126(1)
PART 2 INCOME AND ASSET VALUE MEASUREMENT SYSTEMS
127(78)
6 Income and asset value measurement: an economist's approach
129(19)
6.1 Introduction
129(1)
6.2 Role and objective of income measurement
129(3)
6.3 Accountant's view of income, capital and value
132(3)
6.4 Critical comment on the accountant's measure
135(1)
6.5 Economist's view of income, capital and value
136(6)
6.6 Critical comment on the economist's measure
142(1)
6.7 Income, capital and changing price levels
142(6)
Summary
144(1)
Review questions
144(1)
Exercises
145(1)
References
146(1)
Bibliography
147(1)
7 Accounting for price-level changes
148(38)
7.1 Introduction
148(1)
7.2 Review of the problems of historical cost accounting (HCA)
148(1)
7.3 Inflation accounting
149(1)
7.4 The concepts in principle
149(1)
7.5 The four models illustrated for a company with cash purchases and sales
150(4)
7.6 Critique of each model
154(3)
7.7 Operating capital maintenance -- a comprehensive example
157(11)
7.8 Critique of CCA statements
168(2)
7.9 The ASB approach
170(2)
7.10 The IASC/IASB approach
172(1)
7.11 Future developments
173(13)
Summary
175(1)
Review questions
175(1)
Exercises
176(9)
References
185(1)
Bibliography
185(1)
8 Revenue recognition
186(19)
8.1 Introduction
186(1)
8.2 The issues
187(1)
8.3 The challenge
188(1)
8.4 Proposed IFRS Revenue from Contracts with Customers
188(9)
8.5 Harmonisation
197(8)
Summary
197(1)
Review questions
198(1)
Exercises
199(4)
References
203(2)
PART 3 REGULATORY FRAMEWORK -- AN ATTEMPT TO ACHIEVE UNIFORMITY
205(78)
9 Financial reporting -- evolution of global standards
207(27)
9.1 Introduction
207(1)
9.2 Why do we need financial reporting standards?
207(1)
9.3 Why do we need standards to be mandatory?
208(2)
9.4 Arguments in support of standards
210(1)
9.5 Arguments against standards
210(1)
9.6 Standard setting and enforcement by the Financial Reporting Council (FRC) in the UK
211(3)
9.7 The International Accounting Standards Board
214(1)
9.8 Standard setting and enforcement in the European Union
215(2)
9.9 Standard setting and enforcement in the US
217(3)
9.10 Advantages and disadvantages of global standards for publicly accountable entities
220(1)
9.11 How do reporting requirements differ for non-publicly accountable entities?
221(3)
9.12 IFRS for SMEs
224(1)
9.13 Why have there been differences in financial reporting?
224(4)
9.14 Move towards a conceptual framework
228(6)
Summary
229(1)
Review questions
229(2)
Exercises
231(1)
References
232(2)
10 Concepts -- evolution of an international conceptual framework
234(22)
10.1 Introduction
234(1)
10.2 Different countries meant different financial statements
234(1)
10.3 Historical overview of the evolution of financial accounting theory
235(2)
10.4 IASC Framework for the Presentation and Preparation of Financial Statements
237(3)
10.5 Conceptual Framework for Financial Reporting 2010
240(1)
10.6 Phase A of the Conceptual Framework
240(3)
10.7 ASB Statement of Principles 1999
243(13)
Summary
251(2)
Review questions
253(1)
Exercises
253(2)
References
255(1)
11 Ethical behaviour and implications for accountants
256(27)
11.1 Introduction
256(1)
11.2 The meaning of ethical behaviour
256(1)
11.3 The accounting standard-setting process and ethics
257(1)
11.4 The IFAC Code of Ethics for Professional Accountants
258(3)
11.5 Implications of ethical values for the principles - versus rules-based approaches to accounting standards
261(3)
11.6 Ethics in the accountants' work environment -- a research report
264(1)
11.7 Implications of unethical behaviour for stakeholder's using the financial reports
265(5)
11.8 The increasing role of whistle-blowing
270(2)
11.9 The role of financial reporting authorities
272(2)
11.10 Why should students learn ethics?
274(9)
Summary
276(1)
Review questions
276(2)
Exercises
278(2)
References
280(3)
PART 4 STATEMENT OF FINANCIAL POSITION -- EQUITY, LIABILITY AND ASSET MEASUREMENT AND DISCLOSURE
283(288)
12 Share capital, distributable profits and reduction of capital
285(26)
12.1 Introduction
285(1)
12.2 Common themes
285(1)
12.3 Total owners' equity: an overview
286(1)
12.4 Total shareholders' funds: more detailed explanation
287(3)
12.5 Accounting entries on issue of shares
290(1)
12.6 Creditor protection: capital maintenance concept
291(1)
12.7 Creditor protection: why capital maintenance rules are necessary
292(1)
12.8 Creditor protection: how to quantify the amounts available to meet creditors' claims
292(1)
12.9 Issued share capital: minimum share capital
293(1)
12.10 Distributable profits: general considerations
293(2)
12.11 Distributable profits: how to arrive at the amount using relevant accounts
295(1)
12.12 When may capital be reduced?
295(1)
12.13 Writing off part of capital which has already been lost and is not represented by assets
296(5)
12.14 Repayment of part of paid-in capital to shareholders or cancellation of unpaid share capital
301(1)
12.15 Purchase of own shares
302(9)
Summary
305(1)
Review questions
305(1)
Exercises
305(5)
References
310(1)
13 Liabilities
311(24)
13.1 Introduction
311(1)
13.2 Provisions -- a decision tree approach to their impact on the statement of financial position
312(1)
13.3 Treatment of provisions
313(1)
13.4 The general principles that IAS 37 applies to the recognition of a provision
313(1)
13.5 Management approach to measuring the amount of a provision
314(1)
13.6 Application of criteria illustrated
315(1)
13.7 Provisions for specific purposes
316(3)
13.8 Contingent liabilities
319(1)
13.9 Contingent assets
319(1)
13.10 ED IAS 37 Non-financial Liabilities
320(6)
13.11 ED/2010/1 Measurement of Liabilities in IAS 37
326(9)
Summary
327(1)
Review questions
327(1)
Exercises
328(6)
References
334(1)
14 Financial instruments
335(34)
14.1 Introduction
335(1)
14.2 Financial instruments -- the IASB's problem child
335(3)
14.3 IAS 32 Financial Instruments: Disclosure and Presentation
338(5)
14.4 IAS 39 Financial Instruments: Recognition and Measurement
343(11)
14.5 IFRS 7 Financial Instruments: Disclosure
354(4)
14.6 Financial instruments developments
358(11)
Summary
361(1)
Review questions
362(1)
Exercises
362(6)
References
368(1)
15 Employee benefits
369(32)
15.1 Introduction
369(1)
15.2 Greater employee interest in pensions
369(1)
15.3 Financial reporting implications
370(1)
15.4 Types of scheme
370(2)
15.5 Defined contribution pension schemes
372(1)
15.6 Defined benefit pension schemes
373(1)
15.7 IAS 19 (revised 1998) Employee Benefits
374(1)
15.8 The liability for pension and other post-retirement costs
374(3)
15.9 The statement of comprehensive income
377(1)
15.10 Comprehensive illustration
377(2)
15.11 Plan curtailments and settlements
379(1)
15.12 Multi-employer plans
380(1)
15.13 Disclosures
380(1)
15.14 Other long-service benefits
380(1)
15.15 Short-term benefits
381(1)
15.16 Termination benefits
382(1)
15.17 IAS 19 Employee Benefits (revised 2011)
383(2)
15.18 IFRS 2 Share-based Payment
385(1)
15.19 Scope of IFRS 2
386(1)
15.20 Recognition and measurement
386(1)
15.21 Equity-settled share-based payments
386(3)
15.22 Cash-settled share-based payments
389(1)
15.23 Transactions which may be settled in cash or shares
390(1)
15.24 IAS 26 Accounting and Reporting by Retirement Benefit Plans
391(10)
Summary
393(1)
Review questions
394(1)
Exercises
394(6)
References
400(1)
16 Taxation in company accounts
401(25)
16.1 Introduction
401(1)
16.2 Corporation tax
401(1)
16.3 Corporation tax systems -- the theoretical background
402(1)
16.4 Corporation tax systems -- avoidance and evasion
403(3)
16.5 Corporation tax and dividends
406(1)
16.6 IAS 12 -- accounting for current taxation
407(1)
16.7 Deferred tax
408(8)
16.8 A critique of deferred taxation
416(1)
16.9 Examples of companies following IAS 12
417(2)
16.10 Value added tax (VAT)
419(7)
Summary
420(1)
Review questions
420(1)
Exercises
421(3)
References
424(2)
17 Property, plant and equipment (PPE)
426(37)
17.1 Introduction
426(1)
17.2 PPE -- concepts and the relevant IASs and IFRSs
426(1)
17.3 What is PPE?
427(1)
17.4 How is the cost of PPE determined?
428(2)
17.5 What is depreciation?
430(2)
17.6 What are the constituents in the depreciation formula?
432(2)
17.7 Calculation of depreciation
434(3)
17.8 Measurement subsequent to initial recognition
437(3)
17.9 IAS 36 Impairment of Assets
440(5)
17.10 IFRS 5 Non-current Assets Held for Sale and Discontinued Operations
445(1)
17.11 Disclosure requirements
446(1)
17.12 Government grants towards the cost of PPE
447(2)
17.13 Investment properties
449(1)
17.14 Effect of accounting policy for PPE on the interpretation of the financial statements
450(13)
Summary
452(1)
Review questions
453(1)
Exercises
453(9)
References
462(1)
18 Leasing
463(24)
18.1 Introduction
463(1)
18.2 Background to leasing
463(2)
18.3 Why was the IAS 17 approach so controversial?
465(1)
18.4 IAS 17 -- classification of a lease
466(1)
18.5 Accounting requirements for operating leases
467(1)
18.6 Accounting requirements for finance leases
468(1)
18.7 Example allocating the finance charge using the sum of the digits method
469(2)
18.8 Example allocating the finance charge using the actuarial method
471(1)
18.9 Disclosure requirements for finance leases
471(2)
18.10 Accounting for the lease of land and buildings
473(1)
18.11 Leasing -- a form of off-balance-sheet financing
474(1)
18.12 Accounting for leases -- a new approach
475(1)
18.13 Classification of leases
476(5)
18.14 The significance of options to extend the lease
481(1)
18.15 Implications of the revenue recognition standard
481(6)
Summary
482(1)
Review questions
482(1)
Exercises
483(3)
References
486(1)
19 Intangible assets
487(30)
19.1 Introduction
487(1)
19.2 Intangible assets defined
487(3)
19.3 Accounting treatment for research and development
490(1)
19.4 Why is research expenditure not capitalised?
491(1)
19.5 Capitalising development costs
492(1)
19.6 Disclosure of R&D
492(1)
19.7 IFRS for SMEs treatment of intangible assets
493(1)
19.8 Internally generated and purchased goodwill
493(1)
19.9 The accounting treatment of goodwill
494(2)
19.10 Critical comment on the various methods that have been used to account for goodwill
496(2)
19.11 Negative goodwill
498(1)
19.12 Brands
499(2)
19.13 Accounting for acquired brands
501(1)
19.14 Emissions trading
501(2)
19.15 Intellectual capital disclosures (ICDs) in the annual report
503(1)
19.16 Review of implementation of IFRS 3
504(13)
Summary
505(1)
Review questions
506(1)
Exercises
507(8)
References
515(2)
20 Inventories
517(26)
20.1 Introduction
517(1)
20.2 Inventory defined
517(1)
20.3 The controversy
518(1)
20.4 IAS 2 Inventories
519(1)
20.5 Inventory valuation
520(6)
20.6 Work in progress
526(2)
20.7 Inventory control
528(1)
20.8 Creative accounting
529(2)
20.9 Audit of the year-end physical inventory count
531(1)
20.10 Published accounts
532(1)
20.11 Agricultural activity
533(10)
Summary
536(1)
Review questions
537(1)
Exercises
538(4)
References
542(1)
21 Construction contracts
543(28)
21.1 Introduction
543(1)
21.2 The need to replace IAS II Construction Contracts
543(2)
21.3 Identification of contract revenue
545(1)
21.4 Identification of contract costs
545(2)
21.5 Proposed new accounting rules
547(2)
21.6 Approach when a contract can be separated into components
549(1)
21.7 Accounting for a contract
549(1)
21.8 Illustration -- profitable contract using step approach
550(3)
21.9 Illustration -- loss-making contract using step approach
553(1)
21.10 Public-private partnerships (PPPs)
554(17)
Summary
561(1)
Review questions
562(1)
Exercises
563(6)
References
569(2)
PART 5 CONSOLIDATED ACCOUNTS
571(104)
22 Accounting for groups at the date of acquisition
573(20)
22.1 Introduction
573(1)
22.2 Preparing consolidated accounts for a wholly owned subsidiary
573(1)
22.3 Preparing consolidated accounts when there is a partly owned subsidiary
574(3)
22.4 The treatment of differences between a subsidiary's fair value and book value
577(2)
22.5 The parent issues shares to acquire shares in a subsidiary
579(1)
22.6 IFRS 10 provisions
579(2)
22.7 IFRS 3 Business Combinations treatment of goodwill
581(1)
22.8 When may a parent company not be required to prepare consolidated accounts?
581(1)
22.9 When may a parent company exclude or not exclude a subsidiary from a consolidation?
582(1)
22.10 IFRS 13 Fair Value Measurement
583(1)
22.11 What advantages are there for stakeholders from requiring groups to prepare consolidated accounts?
584(9)
Summary
584(1)
Review questions
585(1)
Exercises
586(6)
References
592(1)
23 Preparation of consolidated statements of financial position after the date of acquisition
593(12)
23.1 Introduction
593(1)
23.2 Uniform accounting policies and reporting dates
593(1)
23.3 Pre- and post-acquisition profits/losses
593(1)
23.4 The Bend Group -- assuming there have been no inter-group transactions
594(2)
23.5 Inter-company transactions
596(2)
23.6 The Prose Group -- assuming there have been inter-group transactions
598(1)
23.7 How is the investment in subsidiaries reported in the parent's own statement of financial position?
599(6)
Summary
600(1)
Review questions
600(1)
Exercises
600(4)
References
604(1)
24 Preparation of consolidated statements of income, changes in equity and cash flows
605(23)
24.1 Introduction
605(1)
24.2 Eliminate inter-company transactions
605(1)
24.3 Preparation of a consolidated statement of income -- the Ante Group
606(2)
24.4 The statement of changes in equity (SOCE)
608(1)
24.5 Other consolidation adjustments
608(2)
24.6 A subsidiary acquired part-way through the year
610(2)
24.7 Published format statement of income
612(1)
24.8 Consolidated statements of cash flows
613(15)
Summary
615(1)
Review questions
615(1)
Exercises
616(11)
References
627(1)
25 Accounting for associates and joint arrangements
628(26)
25.1 Introduction
628(1)
25.2 Definitions of associates and of significant influence
628(1)
25.3 The treatment of associated companies in consolidated accounts
629(1)
25.4 The Brill Group -- group accounts with a profit-making associate
629(3)
25.5 The Brill Group -- group accounts with a loss-making associate
632(2)
25.6 The acquisition of an associate part-way through the year
634(1)
25.7 Joint arrangements
635(4)
25.8 Disclosure in the financial statements
639(15)
Summary
640(1)
Review questions
640(1)
Exercises
641(12)
References
653(1)
26 Introduction to accounting for exchange differences
654(21)
26.1 Introduction
654(1)
26.2 How to record foreign currency transactions in a company's own books
655(2)
26.3 Boil plc -- a more detailed illustration
657(1)
26.4 IAS 2 I concept of functional and presentation currencies
658(2)
26.5 Translating the functional currency into the presentation currency
660(1)
26.6 Preparation of consolidated accounts
660(4)
26.7 How to reduce the risk of translation differences
664(1)
26.8 Critique of use of presentational currency
665(1)
26.9 IAS 29 Financial Reporting in Hyperinflationary Economies
665(10)
Summary
667(1)
Review questions
667(1)
Exercises
668(6)
References
674(1)
PART 6 INTERPRETATION
675(122)
27 Earnings per share
677(26)
27.1 Introduction
677(1)
27.2 Why is the earnings per share figure important?
677(1)
27.3 How is the EPS figure calculated?
678(1)
27.4 The use to shareholders of the EPS
679(1)
27.5 Illustration of the basic EPS calculation
680(1)
27.6 Adjusting the number of shares used in the basic EPS calculation
680(3)
27.7 Rights issues
683(5)
27.8 Adjusting the earnings and number of shares used in the diluted EPS calculation
688(2)
27.9 Procedure where there are several potential dilutions
690(2)
27.10 Exercise of conversion rights during the financial year
692(1)
27.11 Disclosure requirements of IAS 33
692(2)
27.12 The Improvement Project
694(1)
27.13 The Convergence Project
694(9)
Summary
695(1)
Review questions
695(1)
Exercises
696(6)
References
702(1)
28 Review of financial statements for management purposes
703(34)
28.1 Introduction
703(1)
28.2 Overview of techniques for the analysis of financial data
704(1)
28.3 Ratio analysis -- a case study
705(1)
28.4 Introductory review
706(3)
28.5 Financial statement analysis, part 1 -- financial performance
709(7)
28.6 Financial statement analysis, part 2 -- liquidity
716(2)
28.7 Financial statement analysis, part 3 -- financing
718(2)
28.8 Peer comparison
720(1)
28.9 Report based on the analysis
721(2)
28.10 Caution when using ratios for prediction
723(14)
Summary
725(1)
Review questions
725(1)
Exercises
726(11)
29 Analysis of published financial statements
737(42)
29.1 Introduction
737(1)
29.2 Improvement of information for shareholders
738(1)
29.3 Published financial statements -- their limitations for interpretation purposes
739(2)
29.4 Published financial statements -- additional entity-wide cash-based performance measures
741(3)
29.5 Ratio thresholds to satisfy shariah compliance
744(1)
29.6 Use of ratios in restrictive loan covenants
745(3)
29.7 Investor-specific ratios
748(2)
29.8 Determining value
750(5)
29.9 Predicting corporate failure
755(4)
29.10 Professional risk assessors
759(2)
29.11 Valuing shares of an unquoted company -- quantitative process
761(2)
29.12 Valuing shares of an unquoted company -- qualitative process
763(16)
Summary
765(1)
Review questions
765(2)
Exercises
767(11)
References
778(1)
30 An introduction to financial reporting on the Internet
779(18)
30.1 Introduction
779(1)
30.2 The reason for the development of a business reporting language
779(1)
30.3 Reports and the flow of information pre-XBRL
780(1)
30.4 What are HTML, XML and XBRL?
781(1)
30.5 Reports and the flow of information post-XBRL
782(1)
30.6 XBRL and the IASB
783(1)
30.7 Why should companies adopt XBRL?
783(1)
30.8 What is needed to use XBRL for outputting information?
784(2)
30.9 What is needed when receiving XBRL output information?
786(5)
30.10 Progress of XBRL development for internal accounting
791(1)
30.11 Further study
791(6)
Summary
792(1)
Review questions
792(1)
Exercises
793(1)
References
794(1)
Bibliography
794(3)
PART 7 ACCOUNTABILITY
797(64)
31 Corporate governance
799(34)
31.1 Introduction
799(1)
31.2 A systems perspective
799(2)
31.3 Different jurisdictions have different governance priorities
801(1)
31.4 Pressures on good governance behaviour vary over time
802(1)
31.5 Types of past unethical behaviour
802(1)
31.6 The effect on capital markets of good corporate governance
803(1)
31.7 Risk management
804(1)
31.8 The role of internal control and internal audit in corporate governance
805(3)
31.9 External audits in corporate governance
808(5)
31.10 Executive remuneration in the UK
813(3)
31.11 Corporate governance, legislation and codes
816(3)
31.12 Corporate governance -- the UK experience
819(14)
Summary
827(1)
Review questions
827(2)
Exercises
829(2)
References
831(2)
32 Sustainability -- environmental and social reporting
833(28)
32.1 Introduction
833(1)
32.2 An overview -- stakeholders' growing interest in corporate social responsibility (CSR)
834(1)
32.3 An overview -- business's growing interest in corporate social responsibility
835(2)
32.4 Companies' voluntary adoption of guidelines and certification
837(2)
32.5 The accountant's role in a capitalist industrial society
839(2)
32.6 The nature of the accountant's involvement
841(2)
32.7 Summary on environmental reporting
843(1)
32.8 Concept of social accounting
844(1)
32.9 Background to social accounting
845(3)
32.10 Corporate social responsibility reporting
848(1)
32.11 Need for comparative data
848(1)
32.12 Investors
849(1)
32.13 The accountant's changing role
850(11)
Summary
852(1)
Review questions
853(1)
Exercises
854(4)
References
858(1)
Bibliography
859(2)
Index 861