Financial Accounting For Dummies - UK, 2nd UK Edition
2. Auflage November 2025
368 Seiten, Softcover
Wiley & Sons Ltd
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 explanations
* Learn about the major changes to accounting standards and law in recent years
* Start off on the track of getting qualified as an accountant and beginning a rewarding career
* Understand profit and loss, financial statements, and other accounting must-knows
Financial 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.
Part 1: Getting Started with Financial Accounting 5
Chapter 1: Looking at the Bigger Picture of Financial Accounting 7
Chapter 2: Making a Career in Financial Accounting 23
Chapter 3: Introducing the Primary Financial Statements 37
Chapter 4: Acronym Alert! Setting the Standards for Financial Accounting 53
Part 2: Looking at Some Accounting Basics 67
Chapter 5: Doing the Books: The Process behind Financial Accounting 69
Chapter 6: Exploring Accounting Methods Under UK and Ireland GAAP and UK-adopted IFRS 91
Part 3: Bonding with the Balance Sheet 103
Chapter 7: Looking at Assets 105
Chapter 8: Grappling with Liabilities 119
Chapter 9: Examining the Equity Section 139
Part 4: Investigating Income and Cash Flow 151
Chapter 10: Understanding Profit and Loss 153
Chapter 11: Figuring Out the Statement of Cash Flows 175
Chapter 12: Discovering and Understanding Depreciation 191
Chapter 13: Dealing with and Accounting for Inventory and Work in Progress 205
Part 5: Analysing the Financial Statements 217
Chapter 14: Using Ratios and Other Tools 219
Chapter 15: Delving into Disclosures. 233
Chapter 16: Reporting to Shareholders 249
Part 6: Tackling More Advanced Financial Accounting Topics 261
Chapter 17: Accounting for Revenue 263
Chapter 18: Accounting for Taxes 279
Chapter 19: Accounting for Leases 291
Chapter 20: Reporting Changes in Policies and Estimates and Correcting Errors 307
Part 7: The Part of Tens 319
Chapter 21: Ten Financial Accounting Shenanigans 321
Chapter 22: Ten Industries with Special Accounting Standards 329
Index 337
Maire Loughran, CPA, is an accountant and auditor with 20 years' experience as a full, adjunct accounting professor. She is the author of Financial Accounting For Dummies, Auditing For Dummies, and Intermediate Accounting For Dummies.