Breaking away from the tradition of dealing with the technicalities of the regulation of financial reporting in a relatively unchallenging and uncritical way, this book focuses on the reasoning behind the rules. Affording sufficient detail on the application of standards to enable the reader to appreciate the effects of the rules, the logic behind them is portrayed in terms of the reasoning and history behind their development, giving students a more informed insight.
This book follows on from John Dunn's previous book: Financial Reporting and Analysis and has been written for students taking an advanced course at undergraduate level in financial reporting. It is ideally suited to support a single-semester class of twelve weeks' teaching.
Chapter 1 A Brief Introduction to the Text 1
Chapter 2 Professions and Professionalism 7
Chapter 3 Ethics 21
Chapter 4 An Overview of Accounting Problems 43
Chapter 5 Accounting and Corporate Governance 61
Chapter 6 Accounting for Post-Retirement Benefits 83
Chapter 7 Income, Value and Financial Reporting 103
Chapter 8 Financial Instruments 141
Chapter 9 Group Accounts 173
Chapter 10 The Mechanics of Consolidation 187
Chapter 11 More Complicated Group Structures 223
Chapter 12 Changes in Groups 253
Chapter 13 Foreign Currencies 275
Chapter 14 International Accounting 307
Chapter 15 Accounting for the Environment 327
Chapter 16 Writing a Dissertation 345
Appendix: Answers to End-of-Chapter Questions 357
Index 391
