Advanced Financial Accounting by Richard Lewis
This text provides a comprehensive treatment of current financial reporting in the UK. This edition has been revised to take account of developments in UK accounting since 1993, including the issue of three new reporting standards. The book deals with the final draft chapter of the Statement of Principles; FRS 5 Reporting the Substance of Transactions; FRS 6 Acquisitions and Mergers; FRS 7 Fair Values in Acquisition Accounting; FRED 8 Related Party Disclosures; and discussion papers on Associates and Joint Ventures, Accounting for Tax, and Pension Costs in the Employers Financial Statements. Basic and advanced questions are provided at the end of the book. Answers to the basic questions are provided in the main text and to the advanced questions in an accompanying Instructor's Manual.