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Financial Accounting and Reporting Paperback – 1 Dec 2009


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Product details

  • Paperback: 704 pages
  • Publisher: McGraw-Hill Higher Education (1 Dec. 2009)
  • Language: English
  • ISBN-10: 0077114523
  • ISBN-13: 978-0077114527
  • Product Dimensions: 19.3 x 3.4 x 26.4 cm
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (6 customer reviews)
  • Amazon Bestsellers Rank: 319,971 in Books (See Top 100 in Books)
  • See Complete Table of Contents

Product Description

About the Author

Bill Collins is a Senior Teaching Fellow at the University of Stirling where he teaches Financial Accounting at both undergraduate and postgraduate levels.

John McKeith is a partner in a firm of Chartered Accountants and a part time lecturer at University of Stirling where he teaches Financial Accounting and External Reporting at both undergraduate and postgraduate levels.


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Customer Reviews

4.2 out of 5 stars
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Most Helpful Customer Reviews

3 of 3 people found the following review helpful By dundada on 16 Mar. 2012
Format: Paperback
A textbook is USUALLY for students learning things, for the the first time especially, because they're NOT experts and long-time financial directors/CFOs and the like? But try telling this to the authors of this particular book....

First of all there are NO solutions to the chapter exercises in the back of the book. What's up with that? This is not about cheating. It's hard to cheat with accounting for one thing, but when you do an exercise problem, you need to be able to double-check and see that you know what you're doing and this also helps you to correct silly little mistakes and helps you prevent further mistakes. You need the solutions even when you are honestly doing all of the chapter exercise problems, YES you do!

In my class, we had to rely on the patience of our teacher to upload all the solutions on the college website from the teacher's answer key that the authors provide. I mean really? The introductory book I used last year by Atrill and McLaney wasn't like that anyway, nor were a couple of other books by different authors that I'd read before.

Also during the chapters, certain scenarios were explained in the examples better than others. In Chapter 2, everything about how to report Non-Current Assets like PPE and Investment Property was explained well EXCEPT for the revaluation/revaluation reserve section which sounds to me like a very important thing to try to get in the end. THAT was from Hell....

I used a tutor a couple of times while I was still using this book, and at first he challenged me by saying something like this textbook was 'the best on the market for explaining financial reporting and the clearest' regarding UK accounting methods anyway.
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Format: Paperback
Very useful for second year accountancy students, everything is explained clearly and with extensive examples. Not all material in my syllabus was covered but all the most important topics were included. Only downside I found was that no solutions are available for exercises at the end of each chapter rendering them near useless to me.. I had to make do with the in-text progress points.
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By Monte Carlo on 26 Oct. 2012
Format: Paperback
It is a nifty piece of work, great layout, with easy text to digest. However, for those who like to study with examples, I recommend you get yourself another textbook. It does not contain the solutions in the back.
If your lecturer recommends it, I'd say buy it and get yourself a work book too!
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