Financial Accounting and Reporting for Non-Accounting Students: How to Interpret Financial Statements and Appraise Company Performance

This textbook introduces the essential principles of financial accounting to non-accounting students, supported by international case studies and an extensive suite of learning features.

Financial Accounting and Reporting for Business Students covers standard financial accounting topics such as the statement of financial position, the statement of profit and loss, non-current assets, inventory valuation and the statement of cashflows. Written for an international audience using terminology which is compliant with International Financial Reporting Standards (IFRS), it also provides a roadmap for performance appraisal through a dedicated chapter on the topic. A final chapter, designed to develop critical thinking, presents the subjective nature of financial accounting and the part that self-serving bias plays in financial reporting.

With over 300 multiple-choice questions, 44 extended problems and more than 90 questions to ensure that students gain understanding of the topics covered throughout the chapters, Financial Accounting and Reporting for Business Students enables deep learning in the fundamental aspects of this core business subject. There are real-world case studies including Huawei, Ryanair and Greggs to illustrate the principles discussed in the book and a fictional performance appraisal case study demonstrates how financial metrics can be applied to analyse the effects of new entrants on an incumbent's operating performance.

The book comes complete with a suite of online resources including lecture slides, self-test questions, video tutorials and interactive balance sheets.