Steven Collings – författare

Written by Steven Collings, winner of Accounting Technician of the Year at the British Accountancy Awards 2011, this book deals with the significant changes auditing has undergone in recent years, due in large part to well-publicised corporate disasters such as Enron and Parmalat, which have shaken the profession. In response, many countries have replaced pre-existing domestic standards with International Standards on Auditing (ISAs) in an attempt to ensure that auditors throughout the world apply the same level of standards during all audit assignments, and that audit quality remains consistent on a global basis. International Standards on Auditing are frequently updated to improve and clarify their application throughout the audit and accounting profession. They can be extremely complex and difficult to apply in real life situations. It is essential to apply the standards with sufficient rigor to enable an efficient audit to take place, to satisfy the regulators and ensure that the client receives and audit which is beneficial, cost effective, and which conforms to the prescribed framework; however, auditors are often criticised for failing to do so.Recognising that auditing is not always an exact science, and that in many cases the auditor is called upon to make a judgement in situations open to differing opinions, this book takes a practical and pragmatic approach to following International Standards on Auditing. Steve Collings looks at the full ISAs in their final form, as reissued following the IAASB 'Clarity Project', and give auditors guidance on how to interpret and apply them in real life situations. Each redrafted or rewritten ISA is dealt with in a separate chapter, containing case studies and illustrative examples. The book also covers the regulatory framework of auditing and gives a summary of the five ethical standards applicable to auditors, as mapped by the IAASB. Detailed appendices provide an overview of IFRS and IAS, illustrative audit tests and illustrative financial statements.

Your plain–English guide to financial accounting for students and trainees. Financial Accounting For Dummies provides students who are studying finance, accounting and business with the basic concepts, terminology, and methods to interpret, analyse, prepare and evaluate financial statements. Covers concepts accountants and other business professionals use to prepare reports; mergers and acquisitions purchase and pooling; free cash flow; and financial statement analysis.Whether you′re a student on your way to earning a degree, working towards your ACCA qualification, or a trainee just starting out in your accounts career, Financial Accounting For Dummies gives you a wealth of information to grasp the subject. This UK version is adapted to take in UK accounting practice and international reporting standardsProvides a firm grounding in interpreting, analysing, preparing and evaluating corporate financial statementsIncludes easy–to–understand explanations and real-life examples to consolidate learning

The maths, the formulas, and the problems associated with corporate finance can be daunting to the uninitiated, but help is at hand.Corporate Finance For Dummies, UK Edition covers all the basics of corporate finance, including: accounting statements; cash flow; raising and managing capital; choosing investments; managing risk; determining dividends; mergers and acquisitions; and valuation. It also serves as an excellent resource to supplement corporate finance coursework and as a primer for exams.  Inside you’ll discover: The tools and expert advice you need to understand corporate finance principles and strategiesIntroductions to the practices of determining an operating budget, calculating future cash flow, and scenario analysis - in plain EnglishInformation on the risks and rewards associated with corporate finance and lendingEasy–to–understand explanations and examplesHelp to pass your corporate finance exam!

The easy way to get a grip on International Reporting Standards IFRS For Dummies is your complete introduction to IFRS and international accounting and balancing standards. Combining all the facts needed to understand this complex subject with useful examples, this easy-to-read guide will have you on top of IFRS in no time.In plain English, it helps you make sense of IFRS and your understanding of: what they are and where they apply; how to adopt IFRS for the first time; how IFRS affects the key components of your financial statements; how to disclose information in financial statements; and much more. Covers what to do if you're applying IFRS for the first timeExplains complicated material in plain EnglishHelps you make sense of this principles-based set of standards that establish broad rules for financial reportingIf you're an accountant, student, or trainee in need of accessible information on IFRS, this hands-on, friendly guide has you covered.

Essential concepts and terminology to turn you into a financial accounting wizard They say accounting is the language of business, and like any new language, it takes time to achieve fluency. Financial Accounting For Dummies, UK Edition simplifies complex information into easily understandable terms to help you succeed in your classes and your career. In classic Dummies fashion, this guide demystifies complicated jargon and confusing rules, so you can understand all that you need to know to work in the financial accounting field. Discover the steps to becoming a qualified accountant and learn to handle bookkeeping, business transactions, and ledgers. When you're ready for the more advanced stuff, move on to balance sheets, investing, and analysing financial statements. Let Financial Accounting For Dummies simplify accounting, so you can achieve your goals, the easy way. Gain a thorough background in financial accounting concepts, with clear explanationsLearn about the major changes to accounting standards and law in recent yearsStart off on the track of getting qualified as an accountant and beginning a rewarding careerUnderstand profit and loss, financial statements, and other accounting must-knowsFinancial Accounting For Dummies, UK Edition is invaluable for students pursuing a degree in accounting, finance, or business, as well as those working toward their ACA, ACCA, or CIMA qualifications.