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Financial Accounting and Reporting MyAccountingLab Pack Paperback – 21 Aug 2009

3.2 out of 5 stars 11 customer reviews

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Product details

  • Paperback: 953 pages
  • Publisher: Financial Times/ Prentice Hall; 13 edition (21 Aug. 2009)
  • Language: English
  • ISBN-10: 0273730045
  • ISBN-13: 978-0273730040
  • Product Dimensions: 18.6 x 3.4 x 24.9 cm
  • Average Customer Review: 3.2 out of 5 stars  See all reviews (11 customer reviews)
  • Amazon Bestsellers Rank: 709,872 in Books (See Top 100 in Books)
  • See Complete Table of Contents

Product Description

Review

Recommended reading by

Association of Chartered Accountants
Chartered Institute of Management Accountants
Chartered Institute of Public Finance and Accountancy
Chartered Institute of Bankers --This text refers to an out of print or unavailable edition of this title.

From the Back Cover

Financial Accounting & Reporting is the most up-to-date text on the market. Now fully updated in its 13th edition, it includes extensive coverage of International Accounting Standards (IASs) and International Financial Reporting Standards (IFRSs).

This market-leading text offers students a clear, well-structured and comprehensive treatment of the subject. Supported by illustrations and exercises, the book provides a strong balance of theoretical and conceptual coverage. Students using this book will gain the knowledge and skills to help them apply current standards, and critically appraise the underlying concepts and financial reporting methods.

Key features

        • Combines academic rigour with an engaging and accessible style
        • Coverage of International Financial Reporting Standards
        • Illustrations taken from real published accounts
        • Excellent range of review questions
        • Numerous exercises, varying in level of difficulty, with solutions where applicable
        • Extensive references
        • A section on the Analysis of Accounts
        • A section on Accountability – includes Corporate Governance issues, Sustainability - environmental and social reporting and Ethics

New features for this edition

        • Fully updated to May 2009
        • Updated coverage of International Financial Reporting Standards
        • Substantial revisions to Analysis of Accounts and Accountability chapters
        •  Selected chapters include new additional questions and exercises
        • Includes more examples of extracts from real financial reports
        • Fully supported by a comprehensive set of multiple choice questions online, covering all parts of the text.


Barry Elliott is a training consultant. He has extensive teaching experience at undergraduate, postgraduate and professional level in China, Hong Kong, New Zealand and Singapore. He has wide experience as an external examiner both in higher education and at all levels of professional education.

Jamie Elliott is a Director with Deloitte & Touche. Prior to this he has lectured at university on undergraduate degree programmes and as an assistant professor on MBA and Executive programmes at the London Business School.


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Customer Reviews

3.2 out of 5 stars
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Top Customer Reviews

Format: Paperback
My main problem with this text is the lack of explanation around examples and answers to selected questions. The answers at the end of the textbook are literally 1 line answers so if your numbers don't match you have no idea where you went wrong.

The sections about accounting standards are good and detailed so it worth's buying this with another book.
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Format: Hardcover
I do not recommend this book as a course book for financial accounting students who would like to study fin. accounting. It does not contain any case studies and its ratio analysis part is a bit poor. However, this is a really good book to read or refer to if someone is interested in learning more about the details of UK accounting standards. Lastly, it is not so easy to read and understand.
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Format: Paperback
This book does not provide good answers for self study, they are too brief. It is good for learning uk accounting standards or as a referrence with an additional work book with answers.
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Format: Paperback
Melville's book explains things in a far straight forward way. Too academic for a 3rd year accounting student in my opinion
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Format: Paperback
I am in my final year of my Bachelor's program as a business major, and have never come across such major difficulties when reading a university book. I have had an introductory Accounting course during my first year, after which one would expect to grasp the basics of accounting.

Even with a basic understanding, this book has been extremely frustrating to read. The example calculations provided are not explained properly, IF an explanation for the calculation is even provided.
Accounting-specific vocabulary is used in an inconsistent way making it extremely difficult for non-Accounting students to read.

No illustrations are provided for most bookings which are 'explained' throughout the text, as the authors must assume the readers to be accounting practitioners who have mastered bookkeeping and practiced it extensively. In general, the assumptions made by the authors about the readers' existing knowledge appears to be way off, considering that the book is targeted at second-year undergraduate students, MSc majors as well as MBA students.

For Accounting majors this book may be suitable, but for anyone else this will be frustrating to read. I have read many books throughout my study program, but have never come across such a 'student unfriendly' book.

I am highly dissatisfied with this book, as I am a student who expects to have a 'learning experience' when reading a textbook. This, however, is mere torture and takes the pleasure out of reading anything relating to Accounting.
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Format: Paperback
This is the recommended textbook for our third year accountancy course at university. I took one look and decided to stick with my Melville textbook from previous years. It's written in an extreemly complicated way, whereas Melville is simple and easy to follow. I had no accounting experience before I started the coure, but I'm on track to achieve a first, so it's not that I'm lacking the intelligence to understand the theory!

Many of the other students on the course did buy the textbook. They said that it includes way too much information that isn't required, and doesn't help you understand the topic any better (Melville is just stripped back to the essentials). Others have said that it confused them and they've moved on to different textbooks.

I would say that if you have mastered the basics and you want more in depth reading then this does offer more than the Melville textbook. It depends on what level your course is at.

Simply put: too cluttered and too much irrelevant information for beginners, but useful if you want extra reading.
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