John McKeith is a partner in a firm of Chartered Accountants and a part-time lecturer at the Universityof Stirling where he teaches Financial Accounting and External Reporting at both undergraduate andpostgraduate levels.Bill Collins is a former Senior Lecturer at the University of Stirling where he previously taught ExternalReporting at undergraduate level. He is now a part-time lecturer at the University of Glasgow where heteaches Financial Accounting to Postgraduates and Financial Reporting to Masters students.

• The Preparation, Presentation and Regulation of Company Financial Statements Tangible Non-current Assets Intangible Assets and Impairment of Assets Leases Inventories Revenue Recognition and Construction Contracts Share Capital and Reserves Liabilities Taxation Statement of Cash FlowsBusiness Combinations Foreign Currency Translation Interpretation of Financial Statements Online chapter: Alternatives to Historical Cost Accounting