{"product_id":"financial-reporting-and-corporate-governance-paperback-softback-9780470026816","title":"Financial Reporting and Corporate Governance (Paperback \/ softback) 9780470026816","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eFinancial Reporting and Corporate Governance\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cfont size=\"4\"\u003eThomas A. Lee (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780470026816, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback \/ softback, published 10 November 2006\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e320 pages\u003cbr\u003e24.1 x 16.8 x 1.3 cm, 0.567 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e\"A major strength of Thomas Lee's book comes from the clear presentation of the main financial accounting issues.\" (\u003ci\u003eInternational Journal of Accounting\u003c\/i\u003e, April 2008)\u003cbr\u003e\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eThe aim of \u003ci\u003eFinancial Reporting and Corporate Governance\u003c\/i\u003e is to give non-accounting students a basic ability and confidence to read and use financial accounting reports and statements within their business or financial specialties. Many employees in business today are expected to be conversant with reported accounting information as part of their regular job responsibilities. However, they often have little formal training in using such information.\u003c\/p\u003e \u003cp\u003eThis book is intended as a core textbook for non-accounting students who need some understanding of accounting. The students can be majoring in business either as undergraduates or graduates, or in non-business areas such as engineering, law and media. The theme of the book is financial reporting as an essential and significant part of corporate governance. The book can be used as a self-contained text to support a specific course or module. However, it is designed so that it can be built on in more advanced courses on the subject. For this reason, it may be used by specialist accounting students in introductory courses.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eLessons xi\u003c\/p\u003e \u003cp\u003eGlossary of Terms xv\u003c\/p\u003e \u003cp\u003eAbout the Author xvii\u003c\/p\u003e \u003cp\u003eAbout the Book xix\u003c\/p\u003e \u003cp\u003eAcknowledgments xxi\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Corporate Financial Reporting 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Objectives 1\u003c\/p\u003e \u003cp\u003eIntroduction 1\u003c\/p\u003e \u003cp\u003eIllustration 1 Good News at Flash Bang Wallop plc 1\u003c\/p\u003e \u003cp\u003eBad News at Flash Bang Wallop plc 2\u003c\/p\u003e \u003cp\u003eFinancial Play with Actors and Plot 3\u003c\/p\u003e \u003cp\u003eLessons to be Learnt 3\u003c\/p\u003e \u003cp\u003eCompanies 4\u003c\/p\u003e \u003cp\u003eCorporate Managers 6\u003c\/p\u003e \u003cp\u003eCorporate Governors 7\u003c\/p\u003e \u003cp\u003eCorporate Financial Statements 8\u003c\/p\u003e \u003cp\u003eAccounting Numbers 9\u003c\/p\u003e \u003cp\u003eCreative Accounting 10\u003c\/p\u003e \u003cp\u003eCorporate Auditing 11\u003c\/p\u003e \u003cp\u003eProblems for Public Accountants 12\u003c\/p\u003e \u003cp\u003eFinancial Statement Users 13\u003c\/p\u003e \u003cp\u003eGeneral Purpose Financial Information 14\u003c\/p\u003e \u003cp\u003eGeneral Legal Requirements in UK 14\u003c\/p\u003e \u003cp\u003eLearning Objectives 16\u003c\/p\u003e \u003cp\u003eExercises 1–6 17\u003c\/p\u003e \u003cp\u003eAdditional Reading 19\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Corporate Governance 20\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Objectives 20\u003c\/p\u003e \u003cp\u003eIntroduction 20\u003c\/p\u003e \u003cp\u003eDefining Corporate Governance 21\u003c\/p\u003e \u003cp\u003eAccountability or Stewardship 21\u003c\/p\u003e \u003cp\u003eLegislative Developments in Corporate Governance 22\u003c\/p\u003e \u003cp\u003eNon-accounting Regulations in Corporate Governance 24\u003c\/p\u003e \u003cp\u003eAccounting Regulations in Corporate Governance 25\u003c\/p\u003e \u003cp\u003eAuditing and Corporate Governance 27\u003c\/p\u003e \u003cp\u003eOther Corporate Governance Developments 29\u003c\/p\u003e \u003cp\u003eAudit Committees 33\u003c\/p\u003e \u003cp\u003eIneffective Audit Committees 34\u003c\/p\u003e \u003cp\u003eUS Developments in Corporate Governance 35\u003c\/p\u003e \u003cp\u003eInternal Control and Internal Audit 38\u003c\/p\u003e \u003cp\u003eLearning Objectives 40\u003c\/p\u003e \u003cp\u003eExercises 1–8 40\u003c\/p\u003e \u003cp\u003eAdditional Reading 42\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Corporate Financial Accounting 43\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Objectives 43\u003c\/p\u003e \u003cp\u003eIntroduction 43\u003c\/p\u003e \u003cp\u003eComprehensive Package 44\u003c\/p\u003e \u003cp\u003eInvestment Decisions 47\u003c\/p\u003e \u003cp\u003eIllustration 2 What-a-Picture Ltd 50\u003c\/p\u003e \u003cp\u003eShare Capital 52\u003c\/p\u003e \u003cp\u003eLong-term Lending Decisions 53\u003c\/p\u003e \u003cp\u003eIllustration 3 Down-the-Plughole Ltd 55\u003c\/p\u003e \u003cp\u003eOther Decisions 56\u003c\/p\u003e \u003cp\u003eOverview of Information Needs 57\u003c\/p\u003e \u003cp\u003eTime and Corporate Financial Reports 58\u003c\/p\u003e \u003cp\u003eAccounting Numbers 59\u003c\/p\u003e \u003cp\u003eIllustration 4 Rambling-Sid-Deli Ltd 60\u003c\/p\u003e \u003cp\u003eAccounting Costs and Fair Values 61\u003c\/p\u003e \u003cp\u003eIllustration 5 Balance Sheet Numbers 62\u003c\/p\u003e \u003cp\u003eAccounting Conventions 63\u003c\/p\u003e \u003cp\u003eLegal and Regulatory Requirements 67\u003c\/p\u003e \u003cp\u003eLearning Objectives 70\u003c\/p\u003e \u003cp\u003eExercises 1–5 70\u003c\/p\u003e \u003cp\u003eAdditional Reading 71\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Corporate Profit Statement 73\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Objectives 73\u003c\/p\u003e \u003cp\u003eIntroduction 73\u003c\/p\u003e \u003cp\u003eBalance Sheet or Profit Statement Approach 74\u003c\/p\u003e \u003cp\u003eThe Profit Statement 74\u003c\/p\u003e \u003cp\u003eImportance of Profit Statement 78\u003c\/p\u003e \u003cp\u003eEarnings Per Share 79\u003c\/p\u003e \u003cp\u003eBasic Relationship and Conventions 81\u003c\/p\u003e \u003cp\u003eIllustration 6 Jam-Today Ltd 81\u003c\/p\u003e \u003cp\u003eBasic Elements of Profit Statement 82\u003c\/p\u003e \u003cp\u003eIllustration 7 Give-Me-A-Break Ltd 84\u003c\/p\u003e \u003cp\u003eExceptional Events and Transactions 90\u003c\/p\u003e \u003cp\u003eOther Profit Statement Matters 91\u003c\/p\u003e \u003cp\u003eCreative Accounting 93\u003c\/p\u003e \u003cp\u003eCorporate Governance and Profit Statement 96\u003c\/p\u003e \u003cp\u003eOther Legislative and Regulative Requirements 96\u003c\/p\u003e \u003cp\u003eLearning Objectives 99\u003c\/p\u003e \u003cp\u003eExercises 1–8 99\u003c\/p\u003e \u003cp\u003eAdditional Reading 101\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Corporate Cash Flow Statement 103\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Objectives 103\u003c\/p\u003e \u003cp\u003eIntroduction 103\u003c\/p\u003e \u003cp\u003eIllustration 8 Would-You-Believe-It Ltd 105\u003c\/p\u003e \u003cp\u003eSolvency, Liquidity, Cash Flow, and Profitability 108\u003c\/p\u003e \u003cp\u003eIllustration 9 Had-Enough Ltd 110\u003c\/p\u003e \u003cp\u003eIllustration 10 Profitability, Liquidity, and Solvency 112\u003c\/p\u003e \u003cp\u003eIllustration 11 Accounting Profit, Working Capital, and Operating Cash Flow 114\u003c\/p\u003e \u003cp\u003eCash Flow Reporting 114\u003c\/p\u003e \u003cp\u003eDisclosure of Cash Flow Statements 118\u003c\/p\u003e \u003cp\u003eIssues with Cash Flow Statements 120\u003c\/p\u003e \u003cp\u003eCorporate Governance and Cash Flow Statements 122\u003c\/p\u003e \u003cp\u003eLegislative and Regulatory Requirements 122\u003c\/p\u003e \u003cp\u003eLearning Objectives 122\u003c\/p\u003e \u003cp\u003eExercises 1–6 123\u003c\/p\u003e \u003cp\u003eAdditional Reading 123\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Corporate Balance Sheet 125\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Objectives 125\u003c\/p\u003e \u003cp\u003eIntroduction 125\u003c\/p\u003e \u003cp\u003eBasic Accounting Relationship 128\u003c\/p\u003e \u003cp\u003eIllustration 12 Jim Jones Insurance Ltd 129\u003c\/p\u003e \u003cp\u003eBalance Sheet Elements 130\u003c\/p\u003e \u003cp\u003eBalance Sheet Numbers 132\u003c\/p\u003e \u003cp\u003eBasic Balance Sheet 134\u003c\/p\u003e \u003cp\u003eIllustration 13 Runalot Sports Ltd 134\u003c\/p\u003e \u003cp\u003eOther Balance Sheet Matters 141\u003c\/p\u003e \u003cp\u003eIssues in Balance Sheet Reporting 148\u003c\/p\u003e \u003cp\u003eCreative Accounting 151\u003c\/p\u003e \u003cp\u003eCorporate Governance and Balance Sheets 154\u003c\/p\u003e \u003cp\u003eOther Legal and Regulatory Requirements 155\u003c\/p\u003e \u003cp\u003eLearning Objectives 156\u003c\/p\u003e \u003cp\u003eExercises 1–7 157\u003c\/p\u003e \u003cp\u003eAdditional Reading 159\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Other Corporate Statements 161\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Objectives 161\u003c\/p\u003e \u003cp\u003eIntroduction 161\u003c\/p\u003e \u003cp\u003eSecondary Financial Statements 162\u003c\/p\u003e \u003cp\u003eStatements from Board and Others 168\u003c\/p\u003e \u003cp\u003eChairman’s Report 168\u003c\/p\u003e \u003cp\u003eReport of Board of Directors 170\u003c\/p\u003e \u003cp\u003eOperating and Financial Review 176\u003c\/p\u003e \u003cp\u003eOther Statements and Corporate Governance 178\u003c\/p\u003e \u003cp\u003eLegislative and Regulatory Requirements 179\u003c\/p\u003e \u003cp\u003eLearning Objectives 180\u003c\/p\u003e \u003cp\u003eExercises 1–8 180\u003c\/p\u003e \u003cp\u003eAdditional Reading 184\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Corporate Auditing 185\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Objectives 185\u003c\/p\u003e \u003cp\u003eIntroduction 185\u003c\/p\u003e \u003cp\u003eCorporate Audit Report 186\u003c\/p\u003e \u003cp\u003eIllustration 14 Test, Tick, \u0026amp; Attest, Registered Auditors 186\u003c\/p\u003e \u003cp\u003eNature and Purpose of Corporate Audit 190\u003c\/p\u003e \u003cp\u003eFeasibility of Corporate Auditing 194\u003c\/p\u003e \u003cp\u003eIndependent and Competent Auditors 196\u003c\/p\u003e \u003cp\u003eCorporate Auditor’s Duty of Care 198\u003c\/p\u003e \u003cp\u003eResponsible for What and to Whom? 199\u003c\/p\u003e \u003cp\u003eCorporate Auditing and Fraud Detection 200\u003c\/p\u003e \u003cp\u003eAudit Evidence 203\u003c\/p\u003e \u003cp\u003eCorporate Auditing and Corporate Governance 204\u003c\/p\u003e \u003cp\u003eAudit Expectations Gap 204\u003c\/p\u003e \u003cp\u003eLegal and Regulatory Provisions for Corporate Auditing 205\u003c\/p\u003e \u003cp\u003eLearning Objectives 208\u003c\/p\u003e \u003cp\u003eExercises 1–8 208\u003c\/p\u003e \u003cp\u003eAdditional Reading 210\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Creative Accounting 213\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Objectives 213\u003c\/p\u003e \u003cp\u003eIntroduction 213\u003c\/p\u003e \u003cp\u003ePreliminary Definitions 214\u003c\/p\u003e \u003cp\u003eNature and Purpose of Creative Accounting 215\u003c\/p\u003e \u003cp\u003eAcceptable Accounting Practice 216\u003c\/p\u003e \u003cp\u003eFlexibility of Accounting 218\u003c\/p\u003e \u003cp\u003eCreative Accounting in Practice 219\u003c\/p\u003e \u003cp\u003eCreative Accounting and Reporting Issues 230\u003c\/p\u003e \u003cp\u003eCreative Accounting and Corporate Governance 233\u003c\/p\u003e \u003cp\u003eLearning Objectives 234\u003c\/p\u003e \u003cp\u003eExercises 1–6 234\u003c\/p\u003e \u003cp\u003eAdditional Reading 236\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Corporate Financial Statement Analysis 238\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Objectives 238\u003c\/p\u003e \u003cp\u003eCommon-size Analysis 239\u003c\/p\u003e \u003cp\u003eComparisons of Accounting Numbers 241\u003c\/p\u003e \u003cp\u003eNature and Purpose of Financial Ratios 246\u003c\/p\u003e \u003cp\u003eFinancial Ratio Criteria 249\u003c\/p\u003e \u003cp\u003eFinancial Ratio Limitations 250\u003c\/p\u003e \u003cp\u003eComputation and Interpretation of Financial Ratios 252\u003c\/p\u003e \u003cp\u003eFinancial Ratios and Profitability 253\u003c\/p\u003e \u003cp\u003eFinancial Ratios and Liquidity and Cash Flow 257\u003c\/p\u003e \u003cp\u003eIllustration 15 Just-In-Case Ltd and On-the-Button Ltd 268\u003c\/p\u003e \u003cp\u003eFinancial Ratios, Structure, and Performance 270\u003c\/p\u003e \u003cp\u003eLearning Objectives 275\u003c\/p\u003e \u003cp\u003eExercises 1–11 275\u003c\/p\u003e \u003cp\u003eAdditional Reading 279\u003c\/p\u003e \u003cp\u003eIndex 280\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52256248856856,"sku":"9780470026816","price":41.56,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9780470026816.jpg?v=1781274520","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/financial-reporting-and-corporate-governance-paperback-softback-9780470026816","provider":"Freshly Printed Books","version":"1.0","type":"link"}