Accounting Theory & Practice
7th Edition
By Michel W. Glautier & Brian Underdown
December 2000
Financial Times / Pearson Education
ISBN: 0-273-65161-7
736 Pages
$110.00 Paper Original
This is a comprehensive and wide-ranging textbook on the theory and practice of modern financial and management accounting. It provides a theoretical framework for the understanding of accounting and an appreciation of the purpose of various accounting practices.
The 7th edition contains updated material on financial accounting standards, information on the Combined Code on Corporate Governance, changes in taxation, new information on social accounting, and many other new features.
Some of the chapters include: Scope and role of accounting theory; accounting as an information system; financial accounting statements, concepts, standards, accounting data, double entry bookkeeping; losses in asset value; profit and loss account; balance sheet; cash flow statements; interpreting financial reports; capital, value & income; reporting to investors; reporting to employees; traditional cost accounting; cost-volume-profit analysis; marginal costing; pricing; capital investment decisions; budgeting for planning & control; standard costs and variance analysis; control of management costs; strategic dimensions.