Advanced Financial Accounting 7th Edition

Lewis and Pendrill: Advanced Financial Accounting, 7^th edition Rigorous in its approach, Advanced Financial Accounting tackles the more complex issues of the subject in a lively and engaging manner. Familiar in its structure and treatment of basic concepts, this seventh edition has been thoroughly revised and updated to reflect recent and planned developments in financial reporting. The new edition

• explains the considerable changes which are scheduled to take place in the European Union during the next few years
• examines the increasing importance of the IASB and international standards
• includes greater focus on international developments
• provides in-depth discussion of all important areas, including controversial issues such as accounting for financial instruments, goodwill and share options, as well as exploring the impact of the major changes that have occurred in the accounting treatment of pension costs
• includes numerous questions, now grouped together at the ends of chapters

This leading text continues to provide both clear explanations and critical evaluations of current accounting practice, especially as found in national and international accounting standards, and relates them to the needs of users of financial statements. The seventh edition is accompanied by a downloadable Solutions Manual which is available to lecturers on the website at www.booksites.net/lewispendrill . As with the previous edition, annual updates are also available online. Advanced Financial Accounting is written for second and third year financial accounting students on accounting or business studies degrees and also suitable for MBA courses. The book provides extensive coverage of the syllabuses for the advanced papers in financial accounting and financial reporting of the ACCA, CIMA, ICAEW, ICAI and ICAS.

Richard Lewis MSc, FCA, is Co-Director of the Centre for Higher Education Research and Information at the Open University. He was formerly a Pro-Vice-Chancellor of the Open University and Deputy Chief Executive of the Council for National Academic Awards. Prior to that, he was Sir Julian Hodge Professor of Accounting at the University of Wales, Aberystwyth, and Head of the Accountancy Department at what is now London Metropolitan University.

David Pendrill BSc(Econ), MSc, FCA, CTA, LTCL, is the Esmée Fairbairn Professor of Accounting and Financial Management at the University of Buckingham, where he was Head of the Department of Accounting and Finance for more than a decade. He was formerly a Senior Lecturer in Accountancy at what is now Cardiff University and has taught at the London School of Economics as well as at universities in Canada, Singapore and the West Indies.