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Revised annually to reflect changes in accounting regulation, "Financial Accounting & Reporting" has become a leading text in the field. This fully-updated 8th edition continues to provide students with a clear, well-structured and comprehensive treatment of the subject, combining academic rigour with an engaging and interesting style. It provides a strong balance of theoretical and conceptual coverage, supported by illustrations and exercises designed to help readers apply current standards, whilst critically appraising the underlying concepts and financial reporting standards."Financial Accounting and Reporting"is the ideal core textbook for courses in financial accounting, reporting and interpretation at undergraduate and postgraduate level. It is also suitable for use on professional accounting programmes.