UK & International GAAP is the definitive work on the theory and practice of UK and International financial reporting. Since the last edition there have been six new Accounting Standards which are covered extensively in UK & International GAAP Seventh edition. Also new for this edition is a section in each chapter contrasting the UK position with the equivalent International Accounting Standard and US Standard. UK & International GAAP is the only text that deals with the underlying concepts on which Financial Reporting rests. Chapters One and Two represent more than 150 pages of analysis on the development of the accounting process and its transition to a fair based balance sheet approach during the last decade. Every area of accounting is clearly explained in a jargon-free way whilst also being illustrated with real extracts from real sets of company accounts. It offers a full discussion on a topic-by-topic basis of the potential problem areas surrounding the practical application of the relevant standard or technique. With over 2000 pages of explanation, discussion and illustration and full historical summaries of the development of current rules, this title also offers free updates between editions to all purchasers, which are published as soon as new accounting standards or statements of practice are released. It also provides comprehensive coverage of other topical areas not yet governed by accounting standards, including changes in company law and stock exchange requirements. This new Seventh edition of UK & International GAAP is an essential investment for practitioners and students wishing to keep fully up to date with accounting standards and practice. Coming soon: UK & Internatinal GAAP Eighth edition. Pre-order your copy now.