Accountancy Standards in Depth: Theory and Practice v. 1 (CIMA Student Handbook) (CIMA Student Handbook S.) - Softcover

Kirk, Robert

Softcover

ISBN 10: 1859715397 ISBN 13: 9781859715390

Publisher: Chartered Institute of Management Accountants, 2002

Synopsis

This new edition of "Accounting Standards in Depth" seeks to examine the standards in force together with the proposed changes contained within the exposure drafts. This is followed by a selection of questions which attempt to cover most of the major problem areas that students are likely to encounter. The questions have been selected from the major accounting bodies in the United Kingdom - CIMA, ACCA, ICAEW and ICAI. The book presents an introduction to the standard-setting process. As well as looking at the development of the Accounting Standards Board, it examines the conceptual framework behind the practice of financial accounting including the Statement of Principles. Further chapters include sections on the key accounting problems in the balance sheet including taxation, cash flow statements, pensions, acquisitions and developments in financial reporting. The reader will be tested on numerical application, on an understanding of the underlying theory and on presentation of financial statements under the current regulatory framework. This new fully updated edition tests the reader on numerical application, understanding of the underlying theory and presentation of financial statements, and includes questions selected from the major accounting bodies in the UK.

About this title

About the Author

Robert Kirk BScn (Econ) FCA CPA qualified as a charted accountant in Belfast with Price Waterhouse & Co., and spent two years in industry and a further four years in practice. In 1980 he was appointed director of a private teaching college in Dublin where he specialised in the teaching of financial accounting subjects. He later moved into the university sector and is currently Professor of Financial Reporting in the the School of Accounting at the University of Ulster. He also presents continuing professional education courses for various institutes across the UK and Ireland.

From the Back Cover

The pace of development in financial reporting has accelerated sharply during the last few years and shows no sign of abating. This edition seeks to examine the standards in a unique and detailed way in order for both the student and the professionally qualified accountant to keep abreast of changes. The author begins each chapter with a brief summary of the relevant accounting standards in force together with the proposed changes contained within the exposure drafts. This is followed by a selection of questions which attempt to cover most of the major problem areas that the reader is likely to encounter. The questions have been selected from four of the major accounting bodies in the United Kingdom - CIMA, ACCA, ICAEW and ICAI.

The reader is tested on numerical application, on an understanding of the underlying theory and on presentation of financial statements under the current regulatory framework.

The Author
Robert Kirk BSc (Econ) FCA CPA qualified as a chartered accountant in Belfast with Price Waterhouse & Co., and spent two years in industry and four further years in practice. In 1980 he was appointed a director of a private teaching college in Dublin where he specialized in the teaching of professional accounting subjects. He later moved into the university sector and is currently Professor of Financial Reporting in the School of Accounting at the University of Ulster.

Edition details

• Publisher: Chartered Institute of Management Accountants
• Publication date: 2002
• ISBN 10: 1859715397
• ISBN 13: 9781859715390
• Binding: Paperback
• Language: English
• Edition number: 4
• Number of pages: 500