Advanced Financial Reporting

Derry Cotter is a Lecturer in Accounting at University College Cork, Ireland

'By far the best text on the market.' Mr John WyettNorwich Business School, University Of East Anglia, Norwich, UK

• ContentsPart 1: A BRIEF HISTORY OF ACCOUNTING1. The rise of Accounting                                                                                          Accounting in ancient timesEvolution of double entry book-keepingEconomic consequences of financial statementsImpact of technological revolutionPart 2: A THEORETICAL FRAMEWORK FOR ACCOUNTING 2. Conceptual framework                                                                                             Introduction to IASB’s FrameworkObjective of financial reportingFinancial statements- underlying assumptions- qualitative characteristics- elements- measurement basis- recognition criteria- capital maintenance concepts 3. Alternative income models                                                                                       Historical cost accountingCurrent purchasing powerCurrent cost accountingPart 3: FINANCIAL REPORTING REGULATION4. The regulatory environment                                                                                     Purpose of regulationSources of regulationRole of managementImpact of financial statements5. The Annual Report                                                                                                   Contents of the annual reportEvolution of th